41 W Washington Ave Washington, NJ 07882

Listing agency Horvath & Tremblay Show Phone

Listed by Michael Lombardi · License #0569706

Source Crexi

Added: Apr 11 Updated: Jul 21 at 3:10AM Checked: Jul 21 at 3:10AM

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Investment Insights

Based on property information with market context.

Horvath & Tremblay presents a new construction Taco Bell investment property offered as an absolute NNN ground lease. The build-to-suit, single-tenant facility was completed in early 2022 and is located on a 0.65-acre corner parcel, with 2,000 square feet of building area.

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

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FAQs

What type of property is this?

Conventional restaurant - Newly built, single-tenant Taco Bell on a corner parcel under an absolute NNN ground lease with multiple 5-year renewals.

Where is this conventional restaurant located?

The property is located at 41 W Washington Ave Washington, NJ.

What are key features of this property?

This property features: 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