Single-Tenant Bank
For Sale
Contact for pricing
Pending
456 Valley Brook Avenue, Lyndhurst, NJ 07071
Absolute NNN lease structure with contractual annual rent increases and multiple renewal options.
Property SizeContact for details
Days on Market142
Property Features for 456 Valley Brook Avenue
General Information
Standard status
Pending
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
JLL - Irvine (Orange County), California
Listed By:
Nitya Tak · License #428496
Source:
Crexi
Added: Apr 13
Changed: Aug 30
Last Checked: Aug 30 at 3:42PM
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 JLL - Irvine (Orange County), California
Investment Insights
Based on property information with market context.
The property is a single-tenant bank branch at 456 Valley Brook Avenue in Lyndhurst, New Jersey. Valley National Bank occupies the site under an absolute NNN lease executed in 2019, with 2.00% annual rental escalations. The lease has 8.7 years remaining and includes 12 five-year renewal options.
The branch is positioned along Valley Brook Avenue, which carries more than 7,000 vehicles per day, opposite a regional shopping center anchored by TJ-Maxx. The five-mile trade area includes more than 524,000 residents and 223,000 households, with average income of $127,805. The location recorded over $91MM in deposits during the trailing 12-month period ending June 2024, compared with $75MM five years earlier. Valley National Bank operates more than 260 branches across six states and reports over $62.9 billion in total assets.
The branch is positioned along Valley Brook Avenue, which carries more than 7,000 vehicles per day, opposite a regional shopping center anchored by TJ-Maxx. The five-mile trade area includes more than 524,000 residents and 223,000 households, with average income of $127,805. The location recorded over $91MM in deposits during the trailing 12-month period ending June 2024, compared with $75MM five years earlier. Valley National Bank operates more than 260 branches across six states and reports over $62.9 billion in total assets.
Key Highlights
- Single‑tenant Valley National Bank branch at 456 Valley Brook Avenue, Lyndhurst, NJ 07071
- Absolute NNN lease executed in 2019 with 2.00% annual rental escalations
- 8.7 years remaining, plus 12 five‑year renewal options
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,393
Businesses Nearby
3k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 100%
DTLR/VILLA
Apparel
2,662 visits/mo
0.4 miles
Demographics for 07071, NJ
22,519
Population
9,839
Households
2.3
Avg Household Size
40
Median Age
40%
College-Educated
90%
High-School Grad
4.6 sq mi
ZIP Area
4,895
Density / Sq Mi
$109,021
Median Household Income
$65,401
Median Earnings
$1,719
Median Rent
$496,000
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?
Bank - Absolute NNN lease structure with contractual annual rent increases and multiple renewal options.
Where is this bank located?
The property is located at 456 Valley Brook Avenue Lyndhurst, NJ.
What are key features of this property?
This property features: Single‑tenant Valley National Bank branch at 456 Valley Brook Avenue, Lyndhurst, NJ 07071; Absolute NNN lease executed in 2019 with 2.00% annual rental escalations; 8.7 years remaining, plus 12 five‑year renewal options
