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55 N Broad St
Ridgewood, NJ 07450
Chase Bank · Retail Property For Sale


Investment Highlights
- 15-Year NNN Ground Lease
- Directly Across the Street from NJ Transit Train Station
- 3,334 SF Freestanding Building on .38 Acres w/ Drive Thru ATM
Executive Summary
This exclusively offered JPMorgan Chase Bank opportunity features a new construction branch scheduled to open in Q1 2027 and secured by a 15-year NNN ground lease. The property is improved with a freestanding bank building that includes a drive-thru ATM, creating a highly visible and convenient banking destination designed to serve both local residents and daily commuters.
Positioned directly across from an NJ Transit train station, the property benefits from consistent pedestrian activity and commuter traffic throughout the day. The surrounding trade area includes a mix of established national and regional retailers, including Whole Foods, Capital One, Paris Baguette, and Roots Steakhouse, reinforcing the location's role as an active commercial destination. Nearby traffic counts exceeding 16,000 vehicles per day further support visibility and accessibility.
The site encompasses approximately 0.38 acres and provides 22 on-site parking spaces, offering convenient customer access and operational functionality. The combination of a nationally recognized financial institution, a long-term lease structure, and a transit-oriented location creates an investment opportunity supported by both tenant credit quality and durable real estate fundamentals.
Investors seeking a passive net lease asset may find value in the property's new construction profile, minimal landlord responsibilities associated with the NNN lease structure, and positioning within an established retail corridor. The property's proximity to daily-needs retailers, transportation infrastructure, and surrounding commercial activity contributes to its long-term relevance within the market.
Positioned directly across from an NJ Transit train station, the property benefits from consistent pedestrian activity and commuter traffic throughout the day. The surrounding trade area includes a mix of established national and regional retailers, including Whole Foods, Capital One, Paris Baguette, and Roots Steakhouse, reinforcing the location's role as an active commercial destination. Nearby traffic counts exceeding 16,000 vehicles per day further support visibility and accessibility.
The site encompasses approximately 0.38 acres and provides 22 on-site parking spaces, offering convenient customer access and operational functionality. The combination of a nationally recognized financial institution, a long-term lease structure, and a transit-oriented location creates an investment opportunity supported by both tenant credit quality and durable real estate fundamentals.
Investors seeking a passive net lease asset may find value in the property's new construction profile, minimal landlord responsibilities associated with the NNN lease structure, and positioning within an established retail corridor. The property's proximity to daily-needs retailers, transportation infrastructure, and surrounding commercial activity contributes to its long-term relevance within the market.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Bank
Building Size
6,000 SF
Building Class
B
LoopNet Rating
4 Star
Year Built/Renovated
1964/2000
Tenancy
Single
Building Height
1 Story
Building FAR
0.36
Lot Size
0.38 AC
Zoning
B-1 and B-2 - B-2-Retail Business District-
Retail sales & service, Financial institutions, Professional & business offices,club, fraternal, child care, social
Parking
16 Spaces (2.67 Spaces per 1,000 SF Leased)
Amenities
- Banking
- Controlled Access
- Security System
- Signage
- Drive Thru
- Air Conditioning
- Smoke Detector
Property Taxes
| Parcel Number | 51-03804-0000-00002-01 | Improvements Assessment | $0 CAD |
| Land Assessment | $1,877,176 CAD | Total Assessment | $1,877,176 CAD |
Property Taxes
Parcel Number
51-03804-0000-00002-01
Land Assessment
$1,877,176 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,877,176 CAD
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