55 N Broad St, Ridgewood, NJ 07450

This offering presents a new construction bank branch, scheduled for opening in the first quarter of 2027, secured by a 15-year NNN ground lease. The property features a freestanding bank building, which includes a drive-thru ATM, designed to serve as a prominent and accessible banking location for both local residents and daily commuters. The building itself is 3,334 square feet and is situated on approximately 0.38 acres of land.

Strategically positioned directly across from an NJ Transit train station, the property benefits from consistent pedestrian and commuter traffic throughout the day. This transit-oriented location enhances visibility and accessibility. The surrounding commercial area is well-established, featuring a mix of national and regional retailers such as Whole Foods, Capital One, Paris Baguette, and Roots Steakhouse, further solidifying the site's position as an active commercial destination. Traffic counts in the vicinity exceed 16,000 vehicles per day, contributing to the property's accessibility.

The site includes 16 on-site parking spaces, providing convenient access for customers and supporting operational functionality. The property is zoned for B-1 and B-2, specifically the B-2 Retail Business District, which permits retail sales and services, financial institutions, professional and business offices, clubs, fraternal organizations, and child care facilities. The building, originally built in 1964 and updated in 2000, is a single-story structure.

This investment opportunity combines a nationally recognized financial institution with a long-term lease structure and a prime transit-oriented location, supported by tenant credit quality and durable real estate fundamentals. The new construction profile, coupled with the minimal landlord responsibilities inherent in a NNN lease, makes this a passive net lease asset. Its location within an established retail corridor, in proximity to daily-needs retailers and transportation infrastructure, ensures its continued relevance in the market.