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New Taco Bell NNN Lease

445 Broadway, Paterson, NJ

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

Type:RETAIL

Lot size:

0.31 Acres

HighLights

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.
New Construction with Drive‑Through: Built in 2024 to modern Taco Bell specifications.
10% Rent Increase in November 2029 and 12% increases per option.
High Visibility: Boasts 300’+ of Frontage Along Broadway & East 18th Street.

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Listing Contact

Stephen R. Preuss

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For Sale

Contact for pricing

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

Type:RETAIL

Lot size:

0.31 Acres

Added:: Jul 25, 2025
Days on Market:: 327
Last Refresh:: May 20 at 9:04 pm

Property Features for 445 Broadway

General Information

Standard status: Active
Lot size: 0.31 Acres
Property subtype: RETAIL

We can help!

Listing Contact

Stephen R. Preuss

Listing agent Stephen R. Preuss License #4366

Listing office RIPCO Real Estate - Queens

Listing date Jul 25, 2025

Source Moodyscre

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 RIPCO Real Estate - Queens

HighLights

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.
New Construction with Drive‑Through: Built in 2024 to modern Taco Bell specifications.
10% Rent Increase in November 2029 and 12% increases per option.
High Visibility: Boasts 300’+ of Frontage Along Broadway & East 18th Street.

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.

Location Intelligence

Current Use by Public Records

ORAGECAR SERVICELLC Courier Service

Suggested Use

Location Insight

Map
Local Demand

City: Paterson
County: Passaic
State: New Jersey
Longitude: -74.1553
Latitude: 40.9187

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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 is the asking price?

The asking price for this property is $2,280,000.

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.

445 Broadway, Paterson, NJ

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

Property Features for 445 Broadway

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

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Mixed-Use Retail With Two Businesses

Versatile Commercial Building with Gated Lot

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Mixed-Use Property with Restaurant Kitchen

Mixed-Use 6-Unit Property

Corner Warehouse with Drive-In Dock

Industrial Building in Paterson City

Income Producing Mixed-Use Property

Mixed-Use Building with Retail Space

Mixed-Use Property in Paterson City

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