Bank of America Anchored Strip Center | 375-385 McLean Blvd
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Bank of America Anchored Strip Center 375-385 McLean Blvd
12,892 SF 100% Leased Retail Building Paterson, NJ 07514 $5,366,000 ($416/SF) 6.53% Cap Rate
Investment Highlights
- Major Tenants Include Wing Stop and Bank of America
- Tremendous Demographics with Over 596,000 People in a 5-Mile Radius
- All Tenants Operating Under NNN Leases
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
12,892 SF
Building Class
B
Year Built
1995
Price
$5,366,000
Price Per SF
$416
Cap Rate
6.53%
NOI
$350,538
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.31
Lot Size
0.96 AC
Opportunity Zone
Yes
Zoning
MU
Parking
71 Spaces (5.51 Spaces per 1,000 SF Leased)
Nearby Major Retailers
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Bank of America Anchored Strip Center | 375-385 McLean Blvd
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