445 Broadway, Paterson, NJ

Listing office RIPCO Real Estate - Queens Show Phone

Listing date Nov 25, 2025

Source Moodyscre

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Overview

This single-tenant property is leased to Fiesta QSR, a Taco Bell franchisee with over 15 locations in New York and New Jersey. The absolute NNN lease structure assigns zero landlord responsibilities, with the tenant covering real estate taxes, insurance, and all repairs and maintenance, including the roof, structure, sidewalk, parking area, landscaping, trash, and lighting. The base lease term expires in May 2034, featuring a 10% increase in November 2029, and includes five, five-year options with 12% increases per option, potentially extending income through 2059. Constructed in 2024 to modern Taco Bell specifications, the property includes a drive-thru lane. The property has over 300 feet of frontage along Broadway and East 18th Street.

Suggested Use

Real Estate Agency Nursing Home Nursing Home Veterinary Clinic (Bike/Boat/Book/etc) Store Restaurant Restaurant (Bike/Boat/Book/etc) Store Tanning Salon (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Paterson

County

Passaic

State

New Jersey

Longitude

-74.1553

Latitude

40.9187

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FAQs

What type of property is this?

Drive through restaurant - Single-tenant Taco Bell NNN lease with zero landlord responsibilities.

Where is this drive through restaurant located?

The property is located at 445 Broadway Paterson, NJ.

What are key features of this property?

This property features: Single‑Tenant Absolute NNN Lease: Enjoy a truly passive investment with zero landlord responsibilities.; Long Term Lease: Lease expires May 2034 with rent increase in November 2029 and potential income through 2059 with (5) five‑year options.; Leased to Taco Bell Franchisee: Experienced operator (Fiesta QSR) with strong financials and 15+ locations.