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20 North Main Street
Allentown, NJ 08501
Asking Price
Contact for price
Asset Type
Bank Retail
Class
Class B
What's Special
2,830 SqFt <ul><li>Absolute NNN lease with ±13.0 years of primary lease term remaining </li><li>Rare 2.25% annual rent escalations </li><li>Fulton Bank carries investment grade credit ratings of 'A' from Morningstar DBRS and 'Baa1' from Moody's</li><li>Sub $1M price point with below market rent of $51K annually</li><li>Strong demand characteristics driven by 3-mile AHHI of $208K</li><li>Frontage along N Main Street with accessibility to 24,000+ VPD</li><li>Allentown has experienced significant real
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
