1140 south avenue w Westfield, NJ 07090

Listing agency Stream Capital Partners Show Phone

Listed by Jordan Shtulman · License #IL 475152062

Source Crexi

Added: Apr 10 Updated: Jul 22 at 9:09AM Checked: Jul 22 at 9:09AM

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Investment Insights

Based on property information with market context.

A new construction CVS drug store offered as an absolute NNN ground lease. The lease is structured as a 20-year term commencing in April 2019.

The relocation store is replacing a high-performing store located approximately one mile away. The property is described as having ample parking and a drive-through configuration.

The site is located in affluent Westfield, New Jersey, approximately 25 miles from Manhattan, and is very close to the Raritan Valley Train Line, which serves 23,000+ people per day.

Key Highlights

• Absolute NNN ground lease with a 20‑year term starting April 2019
• Relocation CVS store replacing a high‑performing store 1 mile away
• Includes ample parking and a drive‑through

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Similar Off Market Nearby

• Prescription Fast Cash — 2253 South Ave #3, Scotch Plains, NJ 07076
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FAQs

What type of property is this?

Drug store - Absolute NNN ground lease with 20-year term starting April 2019, featuring ample parking and a drive-through.

Where is this drug store located?

The property is located at 1140 south avenue w Westfield, NJ.

What are key features of this property?

This property features: Absolute NNN ground lease with a 20‑year term starting April 2019; Relocation CVS store replacing a high‑performing store 1 mile away; Includes ample parking and a drive‑through