117 Fort Lee Rd, Leonia, NJ 07605
117 Fort Lee Rd, Leonia, NJ 07605Basic Details
- Date added: Added 2 days ago
- Type: Commercial
- Category: For Sale
- Status: Open
Description
-
Description:
21,945 SF 100% Leased Office Building Leonia, NJ 07605 $5,250,000 ($239.23/SF) 7.31% Cap Rate
Renovated mixed-use flex property in a prime Bergen County location adjacent to Overpeck County Park, featuring a combination of car wash, office, and industrial space with private parking. The building offers high occupancy with clear upside potential, enhanced by new windows, an updated exterior facade, and renovated common areas. Strategically positioned 2 miles from the George Washington Bridge and 1.5 miles from the NJ Turnpike and Route 80 interchange, the property also benefits from its location directly across from a proposed light rail station with a planned connection to Hoboken, further strengthening long-term value and demand.
Show all description
Property Details
- Area: 21,945 sq ft
- Year built: 1957/2018
- Sale Type: Investment
- Cap Rate: 7.31%
- Building Size: 21,945 SF
- Building Class: C
- Typical Floor Size: 10,973 SF
- Percent Leased: 100%
- Building Height: 2 Stories
- Building Far: 1.33
Highlights
-
- Efficient access to Manhattan, New Jersey, and the broader Northeast corridor.
- Property sits directly across from a proposed light rail stop with a planned connection to Hoboken, positioning the site for long-term transit growth.
Property Taxes
- Parcel Number: 29-00802-0000-00019
- Land Assessment: $402,500
- Improvements Assessment: $767,500
- Total Assessment: $1,170,000
Agent
Christopher Cervelli
Michael Cervelli Real Estate, LLC
Location
Need More Information About This Property?
Fill out the quick form, and we’ll connect you with a local expert who specializes in your area and property type.
-
Local Market Expertise
-
Personalized Guidance
-
Fast & Friendly Response