Restaurant
Sweetgreen NNN (3% Annual Increases)
460 Bloomfield Ave, Montclair, NJ 07042
Listing Price: $3,515,000
Cap Rate
6.00%
Tenant Name
Sweetgreen
Years Remaining On Lease
12.8
Guarantor
Corporate Guarantee
Rentable SF
3,250
Lease Type
Double Net
Rent Per Square Feet
$61.80
Investment Overview
Marcus & Millichap is pleased to exclusively present 460 Bloomfield Avenue, Montclair, Essex County, New Jersey.
Exclusively Listed By
Listing Price: $3,515,000
Cap Rate
6.00%
Tenant Name
Sweetgreen
Years Remaining On Lease
12.8
Guarantor
Corporate Guarantee
Rentable SF
3,250
Lease Type
Double Net
Rent Per Square Feet
$61.80
Investment Highlights
- Rare 3% Annual Rent Increases – 6.53% Cap Rate Over Initial Lease Term
- Irreplaceable Location With Outstanding Visibility in the Heart of Montclair's Downtown Business District
- Sweetgreen (NYSE:SG) Operates Over 240 Locations in 22 States
Investment Overview
Marcus & Millichap is pleased to exclusively present 460 Bloomfield Avenue, Montclair, Essex County, New Jersey.
Exclusively Listed By
To view property details and documents, sign up for a free MyMMI account.
Explore exclusive listings, access research insights, and set up automated alerts for a personalized experience. Sign up now to elevate your property search.
