41 W Washington Ave, Washington, NJ 07882
Newly built, single-tenant Taco Bell on a corner parcel under an absolute NNN ground lease with multiple 5-year renewals.
Property Features for 41 W Washington Ave
General Information
Additional Details
Building Details
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Horvath & Tremblay
Investment Insights
Based on property information with market context.
The property is positioned at a signalized intersection of W Washington Avenue (NJ Route 57) and S Lincoln Avenue in the center of Washington’s commercial district. W Washington Avenue is described as a primary commercial and commuter corridor, and the site is also noted as being about one block from Broad Street and approximately 0.3 miles from NJ Route 31.
Taco Bell has 9+ years remaining on the absolute NNN ground lease, with four (4) additional 5-year renewal options. The lease structure includes rent increases of 8% every five years throughout the base term and renewal options.
Key Highlights
- New construction, single‑tenant Taco Bell built to suit on a 0.65‑acre corner parcel
- Completed in early 2022 and includes 2,000 SF
- Absolute NNN ground lease investment with 9+ years remaining
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Demographics for 07882, NJ
Market
Vacancy Rate% for Retail in Northeast region