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Bank of America Anchored Strip Center 375-385 McLean Blvd

12,892 SF 100% Leased Retail Building Paterson, NJ 07514 $7,735,625 CAD ($600 CAD/SF) 6.53% Cap Rate

Retail Space New Jersey Paterson 375-385 McLean Blvd, Paterson, NJ 07514

Investment Highlights

  • Major Tenants Include Wing Stop and Bank of America
  • Tremendous Demographics with Over 596,000 People in a 5-Mile Radius
  • All Tenants Operating Under NNN Leases

Attachments

385 McLean Blvd Offering Memorandum Updated 2023

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
12,892 SF
Building Class
B
Year Built
1995
Price
$7,735,625 CAD
Price Per SF
$600 CAD
Cap Rate
6.53%
NOI
$505,336 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.31
Lot Size
0.96 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
MU
Parking
71 Spaces (5.51 Spaces per 1,000 SF Leased)
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Nearby Major Retailers

Bank of America
PNC Bank
Lidl
CTown
Valley National Bank
Chase Bank
Hook & Reel
Blimpie America's Sub Shop
ShopRite
Community Bank Of Bergen County NJ
(201) 742-6118

Contacts

  • Listing ID: 34303214

  • Date on Market: 2024-12-27

  • Last Updated:

  • Address: 375-385 McLean Blvd, Paterson, NJ 07514

The Retail Property at 375-385 McLean Blvd, Paterson, NJ 07514 is currently available for sale. Contact Marcus & Millichap for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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375-385 McLean Blvd, Paterson, NJ for sale Building Photo- Image 1 of 18
385 McLean Blvd, Paterson, NJ Ground Level (2 of 5)
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385 McLean Blvd, Paterson, NJ Ground Level (1 of 5)
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385 McLean Blvd, Paterson, NJ Ground Level (3 of 5)
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385 McLean Blvd, Paterson, NJ Ground Level (5 of 5)
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385 McLean Blvd, Paterson, NJ Drone (11 of 28)
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385 McLean Blvd, Paterson, NJ Drone (7 of 28)
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385 McLean Blvd, Paterson, NJ Ground Level (4 of 5)

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Bank of America Anchored Strip Center | 375-385 McLean Blvd
(201) 742-6118 x

Bank of America Anchored Strip Center | 375-385 McLean Blvd

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Alan Cafiero

(201) 742-6118

(201) 742-6118

David Cafiero

(201) 742-6115

(201) 742-6115

John Moroz

(201) 819-0338

(201) 819-0338

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