Ground-Leased QSR Restaurant
230 Harrison Ave Harrison, NJ 07032
230 Harrison Ave, Harrison, NJ, 07032
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For Sale
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New construction Taco Bell pad site on a signalized intersection with a remaining NNN ground lease.
Days on Market104
Property Features for 230 Harrison Ave
General Information
- Standard status
- Active
- Property subtype
- Retail
Listing agency
CBRE - Philadelphia Suburban
(484) 567-2340
Listed by
Matthew Gorman · License #PA RS287470
Source
Crexi
Added: Apr 10 Updated: Jul 22 at 12:58AM Checked: Jul 22 at 12:58AM
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 CBRE - Philadelphia Suburban
Investment Insights
Based on property information with market context.
This new construction Taco Bell property is offered as a NNN ground lease with no landlord responsibilities or expenses. The initial 20-year lease term has 18 years remaining, followed by renewal options consisting of two, five-year options and one ten-year option. The lease provides for 10% rental increases every five years throughout the base term and option periods. The lease is guaranteed by MUY Brands, LLC.
The property is located on Harrison Avenue at a signaled intersection, offering on-site visibility and access. The site is situated on a 1+ acre parcel and is positioned as a pad site to a Walmart Supercenter, adjacent to a new Super Wawa, a retail strip center, and a proposed McDonald’s.
The location is described as part of the New York City MSA, with access noted immediately off Interstate 95 (NJTP), I-280, and Routes 1 & 9 (Pulaski Skyway).
The property is located on Harrison Avenue at a signaled intersection, offering on-site visibility and access. The site is situated on a 1+ acre parcel and is positioned as a pad site to a Walmart Supercenter, adjacent to a new Super Wawa, a retail strip center, and a proposed McDonald’s.
The location is described as part of the New York City MSA, with access noted immediately off Interstate 95 (NJTP), I-280, and Routes 1 & 9 (Pulaski Skyway).
Key Highlights
- New construction Taco Bell pad site in Kearny, NJ on Harrison Ave at a signalized intersection
- NNN ground lease structure with no landlord responsibilities or expenses
- 18 years remaining on an initial 20‑year lease, plus two 5‑year options and one 10‑year renewal option
Property Analytics
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar For Sale Nearby
Similar Off Market Nearby
- Pages Restaurant On the Mall — 150 Halsey St, Newark, NJ 07102
FAQs
What type of property is this?
Conventional restaurant - New construction Taco Bell pad site on a signalized intersection with a remaining NNN ground lease.
Where is this conventional restaurant located?
The property is located at 230 Harrison Ave Harrison, NJ.
What are key features of this property?
This property features: New construction Taco Bell pad site in Kearny, NJ on Harrison Ave at a signalized intersection; NNN ground lease structure with no landlord responsibilities or expenses; 18 years remaining on an initial 20‑year lease, plus two 5‑year options and one 10‑year renewal option
