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7416 Tonnelle Ave
North Bergen, NJ 07047
CHICK-FIL-A w/ DR-THRU | NEW YORK CITY METRO · Retail Property For Sale
Investment Highlights
- 16 Year NNN Ground Lease Featuring a 12.50% Rental Increase in 2031 and 10% Increase Every 5-Years Thereafter throughout the Initial Term & Options.
- Extremely Dense & Affluent Area w/ over 1.66M People Residing w/in a 5-Mile Radius - Average Household Income of $134k+ within a 3-Mile Radius.
- In Close Proximity to MetLife Stadium - Home of the New York Giants and the New York Jets.
- Chick-fil-A named the #1 Fast-Food Restaurant in America with Annual Sales of Nearly $19 Billion and Average Sales Per Unit of $8.5 Million.
- Positioned Along Area’s Major Retail & Traffic Corridor: Features Easy Access & Excellent Visibility to Daily Traffic Counts Exceeding 35k Vehicles.
- Located in one of the World’s Most Competitive and Highly Sought after Metros - The Site is in a Dense, Mixed-use, In-fill location.
Property Facts
Property Type
Retail
Property Subtype
Building Size
4,277 SF
Building Class
C
Year Built
2021
Tenancy
Single
Building Height
1 Story
Slab To Slab
10’
Building FAR
0.11
Lot Size
0.86 AC
Zoning
Commercial Miscellaneous
Parking
33 Spaces (7.72 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Dedicated Turn Lane
- Pylon Sign
- Restaurant
- Signage
- Drive Thru
Property Taxes
| Parcel Number | 08-00254-0000-00066 | Improvements Assessment | $97,200 |
| Land Assessment | $2,652,800 | Total Assessment | $2,750,000 |
Property Taxes
Parcel Number
08-00254-0000-00066
Land Assessment
$2,652,800
Improvements Assessment
$97,200
Total Assessment
$2,750,000
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