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Family Dollar - 406 Main Street, Paterson, NJ

Property Details

  • Price :

  • Square Feet :

  • Cap Rate :

  • $2,616,000

  • 9,630

  • 5.50%

  • NOI :

  • Acres :

  • $143,895

  • 0.24

  • Property Type :

  • Property Status :

  • Net Lease

  • Available

Investment Highlights

New Construction Family Dollar Store – 10 Year Lease

Essential Business Which Stayed Open During COVID Lockdown

Corporate Guaranty (Standard & Poor's - BBB) Investment Grade

4 - 5 Year Renewal Options With Rent Increases

Significant Foot Traffic in the Immediate Area

Dense, Urban Demographics – Over 261,000 People Within 3 Miles (Ideal for Family Dollar)

¾ Mile to St. Joseph Regional Medical Center

15 Minutes to New York City

Many Nearby National Retailers Include McDonald’s, 7-Eleven, Chase Bank, Popeye’s, Dunkin’ Donuts, TD Bank, T-Mobile, and AT&T

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