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Bank

Bank of America - $242M in Deposits

1045 Clifton Ave, Clifton, NJ 07015

Listing Price: $3,920,000

Cap Rate
6.25%
Tenant Name
Bank of America
Years Remaining On Lease
5.6
Guarantor
Corporate Guarantee
Rentable SF
4,450
Lease Type
Double Net
Rent Per Square Feet
$50.56

Investment Overview

Marcus & Millichap is pleased to exclusively present a rare freestanding Bank of America branch with drive/thru located in Clifton, Passaic County, New Jersey.

Investment Highlights

  • Bank of America Recently Extended their Lease by an Additional Five Years.
  • Bank of America has been at this Branch Since 1990 (Over 30 Year Occupancy History).
  • Located at the Traffic Light Intersection of Clifton Avenue and St. James Place.

Exclusively Listed By

Bank

Bank of America - $242M in Deposits

Listing Price: $3,920,000

Cap Rate
6.25%
Tenant Name
Bank of America
Years Remaining On Lease
5.6
Guarantor
Corporate Guarantee
Rentable SF
4,450
Lease Type
Double Net
Rent Per Square Feet
$50.56

Investment Highlights

  • Bank of America Recently Extended their Lease by an Additional Five Years.
  • Bank of America has been at this Branch Since 1990 (Over 30 Year Occupancy History).
  • Located at the Traffic Light Intersection of Clifton Avenue and St. James Place.

Investment Overview

Marcus & Millichap is pleased to exclusively present a rare freestanding Bank of America branch with drive/thru located in Clifton, Passaic County, New Jersey.

Exclusively Listed By

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