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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

Bank of America
PNC Bank
Lidl
CTown
Valley National Bank
Chase Bank
Hook & Reel
Blimpie America's Sub Shop
ShopRite
Community Bank Of Bergen County NJ
  • Listing ID: 34303214

  • Date on Market: 12/27/2024

  • Last Updated:

  • Address: 375-385 McLean Blvd, Paterson, NJ 07514

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