TD Bank NNN Ground
For Sale
Contact for pricing
391 Jericho Tpke, Jericho, NY 11753
Long-term bank branch lease with scheduled rent escalations and multiple renewal options.
Property SizeContact for details
Lot Size0.47 Acres
Days on Market142
Property Features for 391 Jericho Tpke
General Information
Standard status
Active
Lot size
0.47 Acres
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
CBRE Atlanta
(404) 504-7893
Listed By:
Thomas Carr · License #374849
Source:
Crexi
Added: Apr 13
Changed: Aug 31
Last Checked: Aug 29 at 4:37PM
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 Atlanta
Investment Insights
Based on property information with market context.
The property is occupied by a TD Bank branch that has operated at the site for more than 10 years. The asset is structured as an NNN ground lease on a 0.47-acre parcel, with 10% increases scheduled every five years. Each of the four 5-year renewal options includes a fair market value adjustment.
Located at 391 Jericho Tpke in Jericho, New York, the property is part of the New York-Newark-Jersey City, NY-NJ-PA MSA, which has a population exceeding 19.6 million. The existing bank use and ground-lease structure define the property’s current commercial format.
Located at 391 Jericho Tpke in Jericho, New York, the property is part of the New York-Newark-Jersey City, NY-NJ-PA MSA, which has a population exceeding 19.6 million. The existing bank use and ground-lease structure define the property’s current commercial format.
Key Highlights
- TD Bank branch operating at the site for over 10 years
- NNN ground lease on 0.47 acres
- 10% rent increases every five years
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
832
Businesses Nearby
6k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Shell
Shops & Services
3,607 visits/mo
0.2 miles
TD Bank
Shops & Services
2,791 visits/mo
0.1 miles
Demographics for 11753, NY
13,084
Population
4,132
Households
3.2
Avg Household Size
44
Median Age
74%
College-Educated
95%
High-School Grad
4.0 sq mi
ZIP Area
3,271
Density / Sq Mi
$185,000
Median Household Income
$91,947
Median Earnings
$2,628
Median Rent
$950,100
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Long-term bank branch lease with scheduled rent escalations and multiple renewal options.
Where is this nnn property located?
The property is located at 391 Jericho Tpke Jericho, NY.
What are key features of this property?
This property features: TD Bank branch operating at the site for over 10 years; NNN ground lease on 0.47 acres; 10% rent increases every five years
