Bank Building on Absolute NNN
200 Bridgeton Pike Mantua, NJ 08051
200 Bridgeton Pike, Mantua, NJ, 08051
Contact for pricing
For Sale
Contact for pricing
Pending
Fee simple bank property with an absolute NNN structure and remaining primary term.
Property Size3,292 SF
Days on Market49
Property Features for 200 Bridgeton Pike
General Information
- Standard status
- Pending
- Size
- 3,292 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1994
Listing agency
JLL Chicago | Americas Headquarters
Listed by
Alex Sharrin · License #IL 475.170243
Source
Crexi
Added: Jun 3 Updated: Jul 10 at 1:49PM Checked: Jul 20 at 6:39AM
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 JLL Chicago | Americas Headquarters
Investment Insights
Based on property information with market context.
The property is a fee simple, single-tenant Fulton Bank located at 2200 Bridgeton Pike in Mantua Township, New Jersey. The building is operated under a 15-year absolute NNN lease, with approximately 13.0 years remaining in the primary term. The lease includes 2.25% annual rent escalations and offers three, five-year renewal options. Under the “absolute NNN” structure, landlord responsibilities are described as zero.
The asset is presented for sale as an operating bank location, with the current tenant in place under the existing lease terms. Jones Lang LaSalle Americas, Inc. (JLL) is offering the opportunity to acquire the property in its fee simple interest.
This offering is positioned for investors seeking a stabilized, single-tenant NNN bank asset with defined lease duration and contractual rent escalations. The absolute NNN framework and stated zero landlord responsibilities may appeal to buyers looking to minimize landlord involvement while maintaining a remaining primary lease term and renewal opportunities under the existing lease. The sale is being marketed with the lease and responsibility terms as key components of the acquisition consideration.
The asset is presented for sale as an operating bank location, with the current tenant in place under the existing lease terms. Jones Lang LaSalle Americas, Inc. (JLL) is offering the opportunity to acquire the property in its fee simple interest.
This offering is positioned for investors seeking a stabilized, single-tenant NNN bank asset with defined lease duration and contractual rent escalations. The absolute NNN framework and stated zero landlord responsibilities may appeal to buyers looking to minimize landlord involvement while maintaining a remaining primary lease term and renewal opportunities under the existing lease. The sale is being marketed with the lease and responsibility terms as key components of the acquisition consideration.
Key Highlights
- Fee simple Fulton Bank property at 2200 Bridgeton Pike in Mantua Township, New Jersey
- Operating under a 15‑year absolute NNN lease with 13.0 years of primary term remaining
- 2.25% annual rent escalations
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $59.3k | $18.00 |
| − Vacancy | −$3.0k | −$0.92 |
| EGI | $56.2k | $17.08 |
| − OpEx | −$14.1k | −$4.27 |
| NOI | $42.2k | $12.81 |
3,292 SF · lease $18.00/SF/yr · vacancy 5.10% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$602.5K
$527.2K – $702.9K
NOI $42,175 @ 7.0% cap · market cap 3.07%
Second Best
Retail
$532.3K
$465.8K – $621.1K
NOI $37,264 @ 7.0% cap · market cap 2.71%
Theoretical Best
Office A
$1.11M
$968.3K – $1.29M
NOI $77,460 @ 7.0% cap · market cap 5.64%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Banks
Similar For Sale Nearby
FAQs
What type of property is this?
Bank - Fee simple bank property with an absolute NNN structure and remaining primary term.
Where is this bank located?
The property is located at 200 Bridgeton Pike Mantua, NJ.
What is the asking price?
The asking price for this property is $1,374,000.
What are key features of this property?
This property features: Fee simple Fulton Bank property at 2200 Bridgeton Pike in Mantua Township, New Jersey; Operating under a 15‑year absolute NNN lease with 13.0 years of primary term remaining; 2.25% annual rent escalations
