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Bank

Bank of America Ground Lease

101 S Ave W, Cranford, NJ 07016

Listing Price: $4,850,000

Cap Rate
6.00%
Tenant Name
Bank of America
Years Remaining On Lease
6.3
Guarantor
Corporate Guarantee
Rentable SF
4,050
Lease Type
Ground Lease
Rent Per Square Feet
$71.70

Investment Overview

Marcus & Millichap is pleased to exclusively present 101-103 South Avenue W, Cranford, Union County, New Jersey.

Investment Highlights

  • Double Drive/Thru Lane
  • Bank of America has a Standard & Poor's A+ Credit Rating
  • 10% Rent Increase on 10/1/2024 - 6.60% Cap Rate

Exclusively Listed By

Bank

Bank of America Ground Lease

Listing Price: $4,850,000

Cap Rate
6.00%
Tenant Name
Bank of America
Years Remaining On Lease
6.3
Guarantor
Corporate Guarantee
Rentable SF
4,050
Lease Type
Ground Lease
Rent Per Square Feet
$71.70

Investment Highlights

  • Double Drive/Thru Lane
  • Bank of America has a Standard & Poor's A+ Credit Rating
  • 10% Rent Increase on 10/1/2024 - 6.60% Cap Rate

Investment Overview

Marcus & Millichap is pleased to exclusively present 101-103 South Avenue W, Cranford, Union County, New Jersey.

Exclusively Listed By

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