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DARK CHASE BANK OFFERING 5 E Railroad Ave

3,991 SF Retail Building Jamesburg, NJ 08831 $2,154,675 CAD ($540 CAD/SF) 14.12% Cap Rate

Investment Highlights

  • Dark Chase Bank Lease – Chase Bank is operating on a dark lease through December 31, 2025. The rental obligations owed a total of $211,750.
  • Drive-Thru Capability – Chase Bank has four (4), drive-thru lanes.
  • Redevelopment/Owner-User Opportunity – Zoned Central Business District (CBD), taxes are $20,348.00 annually.
  • Large Lot Size – Subject Property is situated on two parcels of land totaling 1.55 AC.
  • Strong Demographics – Average household income within a one-mile radius is $130,784.

Executive Summary

Broker of Record
Patrick Forde
License No. 2330333 (NJ)

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Bank
Building Size
3,991 SF
Building Class
B
Year Built
2000
Price
$2,154,675 CAD
Price Per SF
$540 CAD
Cap Rate
14.12%
NOI
$304,240 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.85 AC
Opportunity Zone
Yes
Zoning
CBD
Parking
30 Spaces (7.51 Spaces per 1,000 SF Leased)

Amenities

  • Drive Thru
Walk Score ®
Very Walkable (73)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

PNC Bank
Chase Bank
TD Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
08-00028-0000-00002-03
Land Assessment
$526,024 CAD
Improvements Assessment
$428,703 CAD
Total Assessment
$954,727 CAD
  • Listing ID: 34383073

  • Date on Market: 2025-01-06

  • Last Updated:

  • Address: 5 E Railroad Ave, Jamesburg, NJ 08831

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