Property summary
This exceptional investment opportunity presents a 3,250 square foot Sweetgreen restaurant located at 460 Bloomfield Avenue in Montclair, New Jersey. The property boasts a strong 5.51% cap rate and a substantial net operating income (NOI) of $210,893. Secured by a single-tenant, net lease with Sweetgreen (NYSE: SG), a nationally recognized brand operating over 240 locations, the lease commenced February 27, 2023, and extends to February 28, 2038, offering a remaining term of 13.3 years. The… lease includes attractive 3% annual rent increases, resulting in a projected 6.53% cap rate over the initial lease term. Situated on a 0.23-acre lot in a prime downtown location at a seven-corner intersection, the property benefits from exceptional visibility and access. The three-story building, constructed in 1845, is zoned C1 and enjoys a high-traffic area with a mix of local and national retailers, including Whole Foods, CVS, Dunkin', and Starbucks. The surrounding area boasts strong demographics, with over 60,000 people within a five-mile radius and an average household income exceeding $155,000 within one mile. Convenient access to major highways, including the Garden State Parkway and Interstate 280, further enhances the property's appeal. The asking price is $3,825,000. This is a rare opportunity to acquire a high-performing, net-leased retail investment in a thriving New Jersey market.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
13 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- Lot area
- 0.23 ac
- Year built
- 1845
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Alternative use
- Local Zoning Insight
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- Ownership
- Owner Contacts
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- Everything in the Light report
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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