215-17 Bellevue Ave, Montclair, NJ 07043

This single-tenant property is leased to Tinga Fresh Mexican & BBQ in Montclair, New Jersey, approximately 15 miles northwest of New York City. Tinga Fresh Mexican & BBQ has operated at this location since 2002 and recently extended their lease for an additional ten years. The double-net (NN) lease features 2% annual rental increases through May 2031, then 3% annually for the remainder of the base term and throughout the option period. The property is located just off the crossroads of Bellevue Ave and Valley Road, the main retail corridor in Upper Montclair, with a combined 26,600 vehicles per day. The area features a walkable business district with boutique shopping, cafes, restaurants and the Upper Montclair train station that provides direct access to New York City. The property is positioned within a populated market, featuring approximately 552,000 residents and 204,000 households within a 5-mile radius. The immediate 3-mile area includes 147,000 residents across 56,000 households. The average household income reaches $306,000 within 1 mile, $205,000 within 3 miles, and $148,000 within 5 miles. Within a three-mile radius, the property stands to benefit from recent and planned development activity, most notably at the ON3 campus. The recent delivery of the 80,000-square-foot Hackensack Meridian Health & Wellness Center in July 2025 underscores the campus's momentum, with additional planned density including 90,000 square feet of retail, a 150,000 square feet flex/R&D facility, and a 1,074-unit residential community. Located less than two miles from Montclair State University, Tinga Fresh Mexican & BBQ benefits from access to over 23,000 students, faculty and staff. The property is also located less than two miles from Exit 151 of the Garden State Parkway providing access to 163,000 vehicles per day. The property size is 1,500 square feet.