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Bank For Sale • 1,818 SF
| Single Tenant NNN Lease Citizens Bank pays $126,500 / annum. Tenant is responsible for real estate taxes, all repairs & maintenance (+roof/structural) |
| Credit Tenancy - Citizens Bank, NA is an investment grade tenant with an “A-” rating by S&P Global Ratings, and has over 1,000 locations |
| Desirable Retail Location diagonal from The Berkeley Heights Shopping Center featuring Dunkin’, Stop & Shop, amongst other recognized retailers |
| Exposure | Frontage | Traffic • 80’+ of frontage along Springfield Avenue • Three individual drive through service bays |
| Favorable Placer .AI Data • 5,600 customers make a combined 17,800 visits to this Citizens Bank per year |
| Strong Local Demographics: Berkeley Heights • Total Households 4.66K • Median Household Income $198K • Daytime Total Population 13.65K |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| Citizens Bank | 1,818 SF | 5/7/2034 |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Berkeley Heights (Morris & Essex Gladstone Branch - NJ Transit Commuter Rail (NJ Transit)) | 1 min | 6 min | 0.3 mi |
| Gillette (Morris & Essex Gladstone Branch - NJ Transit Commuter Rail (NJ Transit)) | 4 min | - | 1.9 mi |
| Airport | Drive | Walk | Distance |
| Newark Liberty International | 27 min | - | 19.1 mi |
| LaGuardia | 62 min | - | 38.4 mi |
| Trenton Mercer | 76 min | - | 45.8 mi |
