Restaurant
Taco Bell Ground Lease
3509 John F. Kennedy Blvd, Union City, NJ 07087
Listing Price: $3,457,000
Cap Rate
5.25%
Tenant Name
Taco Bell
Years Remaining On Lease
9.6
Guarantor
Franchisee Guarantee
Rentable SF
2,111
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$85.98
Investment Overview
Marcus & Millichap is pleased to exclusively present 3509 John F. Kennedy Blvd, Union City, Hudson County, New Jersey.
Exclusively Listed By
Listing Price: $3,457,000
Cap Rate
5.25%
Tenant Name
Taco Bell
Years Remaining On Lease
9.6
Guarantor
Franchisee Guarantee
Rentable SF
2,111
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$85.98
Investment Highlights
- NNN Ground Lease Structure – No Landlord Responsibilities
- 10% Increases Every Five-Years [Excluding First Year of Tenant's First Option]
- 2,111 Square Foot Building on .55 Acres with 17 Dedicated Parking Spaces
Investment Overview
Marcus & Millichap is pleased to exclusively present 3509 John F. Kennedy Blvd, Union City, Hudson County, New Jersey.
Exclusively Listed By
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