695-703 N State Rt 17, Paramus, NJ 07652
695-703 N State Rt 17, Paramus, NJ 07652Basic Details
- Date added: Added 1 month ago
- Type: Commercial
- Category: For Sale
- Status: Open
Description
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Description:
14,000 SF 100% Leased Retail Building Paramus, NJ 07652 For Sale
This prime retail site on busy Route 17 South in Paramus offers exceptional visibility and access, with convenient connections to Route 4 and the Garden State Parkway. The stabilized NNN retail asset boasts a strong NOI and a weighted average lease term (WALT) of 4.5 years, ensuring reliable income. Positioned in a high-traffic corridor with over 160,000 vehicles passing daily, this location is ideal for maximizing exposure and long-term value.
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Property Details
- Area: 14,000 sq ft
- Year built: 1960
- Sale Type: Investment NNN
- Building Size: 14,000 SF
- Building Class: C
- Property Subtype: Storefront Retail/Office
- Tenancy: Multiple
- Percent Leased: 100%
- Building Height: 1 Story
- Building Far: 0.32
- Zoning: RTL
Property Taxes
- Parcel Number: 46-06017-0000-00014
- Land Assessment: $2,560,000
- Improvements Assessment: $1,700,100
- Total Assessment: $4,260,100
Agent
Marc Palestina
VanRock Commercial Real Estate
CJ Huter
VanRock Commercial Real Estate
Location
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