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
- Existing absolute triple net (NNN) leased property w/zero landlord responsibilities.
- Company was recently valued at over $10 Billion Dollars.
- Walgreens has over 310,000 employees globally and 12,500 retail locations.
- This Trophy Corner location in Prominent Bergen County New Jersey, has a population of over 950k.
- There is a long term lease in-place with just under 12 Years Remaining on the initial term.
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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