Building Details

Building Size 9,100 SF

Buildings 1

Stories 1

Listing Agency: Triforce Commercial RE LLC

Listed By: Jason Horowitz · License #NY #10491207540 Show Phone

Source: Triforcecre

Added: Sep 28 Changed: Oct 4 Last Checked: Oct 5 at 5:04PM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Triforce Commercial RE LLC

Investment Insights

Based on property information with market context.

This freestanding, one-story flex building contains approximately 9,100 SF on an approximately 0.34-acre parcel. Features include a drive-in bay, two tailgate loading positions, and a small roll-up door. Office accommodations include an executive office with a private full bathroom, alongside multiple additional bathrooms. A partial basement with a sprinkler system provides further storage and utility space.

The property is on West Shore Avenue in Dumont, Bergen County, with access to major Bergen County roadways and nearby commercial markets.

Key Highlights

• Approximately 9,100 SF freestanding flex building on approximately 0.34 acres
• One‑story building with a drive‑in bay and two tailgate loading positions
• Small roll‑up door

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$124,028

Cap Rate

8.27%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$2,480,560 $2.5M

Cap Rate 7%

$1,771,829 $1.8M

Cap Rate 9%

$1,378,089 $1.4M

Market Conditions

NOI Build-Up for 9,100 SF

Gross rent

$155.1K $17.04/SF

− Vacancy

−$9.1K −$1.01/SF

EGI

$145.9K $16.03/SF

− OpEx

−$21.9K −$2.41/SF

NOI

$124.0K $13.63/SF

Area

Bergen County, NJ

Vacancy

5.90%

Lease Rate

$17.04 /SF/Yr

Expense Ratio

15.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$2,480,560

Cap Rate 7%

$1,771,829

Cap Rate 9%

$1,378,089

Alternative Uses

Best Use

Warehouse

$1.77M

$1.55M – $2.07M (±1% cap)

NOI $124,028 @ 7.0% cap · market cap 8.27%

Second Best

Flex RnD

$1.72M

$1.50M – $2.00M (±1% cap)

NOI $120,098 @ 7.0% cap · market cap 8.01%

Theoretical Best

Office A

$2.38M

$2.08M – $2.77M (±1% cap)

NOI $166,333 @ 7.0% cap · market cap 11.09%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

KLM Mechanical Contractors General Contractor

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Auto Parts Store Hair Salon Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

15 ft

Clear height

1

Drive-in doors

Yes

Sprinkler system

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

976

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 07628, NJ

17,863

Population

6,781

Households

2.6

Avg Household Size

43

Median Age

47%

College-Educated

95%

High-School Grad

1.9 sq mi

ZIP Area

9,402

Density / Sq Mi

$125,585

Median Household Income

$60,663

Median Earnings

$1,778

Median Rent

$469,900

Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019

4.6% 2020

3.2% 2021

3.3% 2022

5.3% 2023

6.6% 2024

7.6% 2025

Questions? Ask Rey

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What type of property is this? Where is this flex space located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Flex space - A one-story layout combines office space, warehouse functionality, and direct vehicle access.

Where is this flex space located?

The property is located at 109 W Shore Ave Dumont, NJ.

What is the asking price?

The asking price for this property is $1,500,000.

What are key features of this property?

This property features: Approximately 9,100 SF freestanding flex building on approximately 0.34 acres; One‑story building with a drive‑in bay and two tailgate loading positions; Small roll‑up door