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639 E 18th St
Paterson, NJ 07501
Walgreens Pharmacy · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Drug Store
Building Size
17,280 SF
Building Class
B
Year Built
2000
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
3.02 AC
Zoning
B-2
Parking
90 Spaces (5.21 Spaces per 1,000 SF Leased)
Frontage
413’ on ELLISON ST

AMENITIES

  • 24 Hour Access
  • Drive Thru

ABOUT 639 E 18TH ST , PATERSON, NJ 07501

The Oxford Property Group and the Sawyer Realty Group is pleased to present this North New Jersey Walgreens located on a signalized corner in the heart of Paterson NJ. The Lease is Absolute Net with no landlord responsibilities. Walgreens has just extended to a new 10 year base term, with (8) 5 year options and 5% rent increases at each 10 year anniversary. This location is open 24 hours and includes a drive thru. Store sales are exceptional and significantly exceed national averages. The nearest Walgreens is 2 miles away and less then 5 years old which speaks to the low risk of consolidation

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
08-04203-0000-00007
Land Assessment
$1,696,700
Improvements Assessment
$3,194,200
Total Assessment
$4,890,900
  • Listing ID: 18278146

  • Date on Market: 1/23/2020

  • Last Updated:

  • Address: 639 E 18th St, Paterson, NJ 07501

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