Restaurant
Sweetgreen NNN (3% Annual Increases)
460 Bloomfield Ave, Montclair, NJ 07042
Listing Price: $3,825,000
Cap Rate
5.51%
Tenant Name
Sweetgreen
Years Remaining On Lease
13.2
Guarantor
Corporate Guarantee
Rentable SF
3,250
Lease Type
Double Net
Rent Per Square Feet
$60.00
Investment Overview
Marcus & Millichap is pleased to exclusively present 460 Bloomfield Avenue, Montclair, Essex County, New Jersey.
Exclusively Listed By
Listing Price: $3,825,000
Cap Rate
5.51%
Tenant Name
Sweetgreen
Years Remaining On Lease
13.2
Guarantor
Corporate Guarantee
Rentable SF
3,250
Lease Type
Double Net
Rent Per Square Feet
$60.00
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
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