520 Cedar Ln | Teaneck, NJ 07666
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520 Cedar Ln
Teaneck, NJ 07666
New Walgreens | New York City MSA · Retail Property For Sale
Investment Highlights
- Absolute Triple Net (NNN) Property w/zero Landlord Responsibilities, a Long Term Lease with 13.7 Years Remaining on the Original 75 Year Lease
- Dense Retail Corridor Location with Strong Demographics in Affluent NY Metro Suburb with nearby tenants CVS, IHOP, KFC, Dunkin Donuts, Stop & Shop a
- Walgreens Boots Alliance has a Presence in More than 25 Countries, Employs more than 440,000 People and has more than 18,750 Stores
- Trophy Corner Location in Prominent Bergen County New Jersey (over 950k population)
- Walgreens Co. (NYSE:WAG) is a S&P Investment Grade Tenant a Rating of BBB; Subsidiary of Walgreens Boots Alliance Inc. (NASDAQ:WBA) Which Features Ann
- Located on a Hard Corner Intersection on a Main Corridor in Teaneck with over 22,000 VPD Exposure
Property Facts
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,737 SF
Building Class
B
Year Built
2016
Tenancy
Single
Building Height
1 Story
Building FAR
0.59
Lot Size
0.58 AC
Zoning
B1
Parking
13 Spaces (0.88 Spaces per 1,000 SF Leased)
Amenities
- Corner Lot
- Signalized Intersection
Property Taxes
| Parcel Number | 60-00702-0000-00001-01 | Improvements Assessment | $4,868,200 |
| Land Assessment | $1,491,600 | Total Assessment | $6,359,800 |
Property Taxes
Parcel Number
60-00702-0000-00001-01
Land Assessment
$1,491,600
Improvements Assessment
$4,868,200
Total Assessment
$6,359,800
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