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The Lincoln Building - 45 North Broad Street, Ridgewood, NJ

Property Details

  • Price :

  • Square Feet :

  • Cap Rate :

  • $11,200,000

  • 22,564

  • 5.59%

  • NOI :

  • Acres :

  • $625,580

  • 0.11

  • Property Type :

  • Property Status :

  • Retail

  • Available

Investment Highlights

  • 100% Occupied Trophy Building Located in Downtown Ridgewood, Bergen County, New Jersey
  • Transit-Oriented Boutique Investment Opportunity: A+ Location, Directly Across the Street from NJ Transit
  • Generational Asset: Tallest Building in Ridgewood, Featuring Premium Hardwood Floors, Exposed Brick Walls, High Ceilings (9'0" - 14'0"), Updated Bathrooms and Commons Areas 
  • Extremely Affluent Area – Average HH Income Over $230,000 Within 1 Mile of the Subject Property
  • High Barrier to Entry Market
  • 11 Tenants with Staggered Lease Expirations – Mitigating Landlord Risk
  • Brand New Boiler & Venting System Recently Installed in Basement – Newly Installed Sprinkler System Throughout Building
  • Extremely Well-Maintained and Managed
  • Densely Populated Area: Over 321,000 People Within 5 Miles
  • Nearby National Tenants Include: Chase Bank, United States Postal Service, Starbucks, Stop & Shop, UPS, Wells Fargo, Dunkin', Verizon Wireless, & TD Bank

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