1618 Parker Ave, Fort Lee, NJ 07024

This fully leased commercial investment property, located at 1618 Parker Ave in Fort Lee, NJ, presents a compelling opportunity for investors. Situated in a high-demand section of Bergen County, this freestanding, three-story retail and office building boasts strong in-place tenancy and 100% occupancy, ensuring immediate income generation. The property is designed to offer long-term upside for those seeking a prime Northern New Jersey commercial real estate asset.

The building's strategic location on Parker Avenue provides excellent street visibility and convenient access to major transportation arteries, including Routes 4, 46, I-95, and the George Washington Bridge. This accessibility is crucial for attracting and retaining tenants, positioning the property for sustained tenant demand and potential rent growth. Its proximity to dense residential neighborhoods, established retail centers, and key commuter routes further enhances its appeal to a diverse range of businesses.

The current tenancy is medical and service-oriented, contributing to the property's stable cash flow. As a mixed-use style commercial asset within Bergen County, this property is ideal for investors focused on income-producing real estate in Northern New Jersey. The freestanding nature of the building offers distinct advantages in terms of branding and operational flexibility for its occupants.

Constructed in 1962, this property has been maintained to support its commercial function. The building's three-story configuration provides ample space for various retail and office uses. Investors will appreciate the established tenancy and the property's prime positioning within a well-trafficked commercial corridor, making it a valuable addition to a real estate portfolio.