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846 State Rt 17
Ramsey, NJ 07446
McDonald's · Retail Property For Sale

Investment Highlights

  • Long term lease: 14+ years of initial term remaining with 16 five year options to renew
  • NNN ground lease with zero landlord responsibilities or expenses
  • The tenant did a complete interior and exterior remodel of this location in 2018
  • The NNN Lease is corporately guaranteed by McDonalds, which holds an investment grade BBB+ credit rating with Standard & Poors
  • McDonald's has been operating and successful at this location since 1988
  • Subject property has excellent visibility along NJ Route 17 which sees traffic counts exceeding 100,000 vehicles per day

Property Facts

Property Type
Retail
Property Subtype
Fast Food
Building Size
3,700 SF
Building Class
C
Year Built
1990
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.95 AC
Zoning
B-3
Parking
50 Spaces (13.51 Spaces per 1,000 SF Leased)
Frontage
31’ on State Rt 17

Property Taxes

Property Taxes

Parcel Number
48-04702-0000-00002
Land Assessment
$1,892,000
Improvements Assessment
$1,671,000
Total Assessment
$3,563,000
  • Listing ID: 24533350

  • Date on Market: 11/22/2021

  • Last Updated:

  • Address: 846 State Rt 17, Ramsey, NJ 07446

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