443-451 Broadway | Paterson, NJ 07514
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- LoopNet Team
443-451 Broadway
Paterson, NJ 07514
Absolute NNN Taco Bell · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Single-Tenant Absolute NNN Lease - Zero Landlord Responsibilities. Tenant is responsible for taxes/insurance & all repairs/maintenance
- Long Term Lease with Multiple Options - Base lease term expires December 2034 w/ 10% Increase in December 2029 and (5) 5-year options at a 12% bumps
- 300’+ of Frontage Along Broadway & East 18th Street
- Experienced Operator with Strong Financials Leased to Fiesta QSR, a franchisee of Taco Bell with over 15 locations across New York and New Jersey
- New Construction w. Drive-Through Built in 2024 to modern Taco Bell specifications, including a drive-thru lane
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
2,300 SF
Building Class
C
Year Built
2024
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.36 AC
Zoning
RP-4W - Fourth Ward Redevelopment Plan (RP-4W)
Parking
8 Spaces (3.48 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Corner Lot
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Drive Thru
- Wheelchair Accessible
- Monument Signage
- Smoke Detector
PROPERTY TAXES
| Parcel Number | 08-03510-0000-00003 | Improvements Assessment | $0 |
| Land Assessment | $286,300 | Total Assessment | $286,300 |
PROPERTY TAXES
Parcel Number
08-03510-0000-00003
Land Assessment
$286,300
Improvements Assessment
$0
Total Assessment
$286,300
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