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    Summit, NJ NNN Properties for Sale

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    Net-Leased Day Care Center
    Updated: Apr 11
    Net-Leased Day Care Center

    40 Park Ave, Summit, NJ 07901

    Contact for pricing
    11,114 sqft 0.35 AC lot
    ~11,114 rentable SF building on an estimated 0.35‑acre parcel in Summit, NJ
    Single‑tenant 20‑year double‑net (NNN) lease with estimated rent commencement of October 20, 2023
    Annual rent of $423,500 with scheduled 10% increases every 5 years throughout the base term and two 5‑year renewal options
    Landlord responsibilities include roof and roof systems, structural portions, and water tightness of the leased premises
    Landlord also responsible for underground lines, pipes, and wires serving the premises located outside the building
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    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Summit, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Single-Story Retail Building with Expansion
    Single-Story Retail Building with Expansion

    184 Elm St, Westfield, NJ 07090

    Contact for pricing
    6,000 sqft

    Single-story retail building with approvals for two additional residential stories and added rentable basement office space.

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    Pre-K Education Center NNN
    Pre-K Education Center NNN

    1784 Richmond Ter, Staten Island, NY 10310

    Contact for pricing
    13,648 sqft 0.54 AC lot

    Fully renovated pre-kindergarten education facility leased to the NYC School Construction Authority with dedicated parking on-site.

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    Shopping Mall with Triple Net Leases
    Shopping Mall with Triple Net Leases

    935 Richmond Ave, Staten Island, NY 10314

    Contact for pricing

    Multi-tenant shopping mall with triple NNN structure, on-site parking, and separate utility systems per store.

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    New Construction Drug Store NNN
    New Construction Drug Store NNN

    1140 south avenue w, Westfield, NJ 07090

    Contact for pricing

    Absolute NNN ground lease with 20-year term starting April 2019, featuring ample parking and a drive-through.

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    Summit, NJ Nnn Properties Market Trends and Statistics

    Explore 1 nnn properties for sale in Summit, NJ on our real estate platform. These investment opportunities span a total of 11,114 square feet of properties for sale.

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    Demographics Overview

    Population 25K
    Population Growth (5Y) +5.0%
    Median Household Income $177,986
    College Educated 54.3%

    Taxes & Financing

    Tax Rate (average for all types) 4.36%
    Property Tax per SF $36.37 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Union County

    New Delisted

    Total CRE Inventory on Market (SF)

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