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.
Exclusively Listed By
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
