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- Added:
- Jul 25, 2025
- Days on Market:
- 281
- Last Refresh:
- Apr 5 at 10:49 pm
Property Features for 445 Broadway
General Information
- Standard status
- Active
- Lot size
- 0.31 Acres
- Property subtype
- RETAIL
Listing agent Stephen R. Preuss License #NY 10401272716 (516) 647-7155
Listing office RIPCO Real Estate - Queens (516) 647-7155
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
Overview
New Taco Bell NNN Lease
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
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 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.
