Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    300 Ikea Dr Paramus, NJ 07652

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Strategically located retail space in a super-regional trade area.

    Property Features for 300 Ikea Dr

    General Information

    Standard status
    Active

    We can help!

    Listing Contact
    Jeffrey Cohen
    Source: Cbre

    Listing Agency: CBRE | Philadelphia Suburban Listing Agent: Jeffrey Cohen

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Retail Space in Paramus, NJ

    This retail space is situated in a super-regional trade area that attracts visitors from outside the New York City Metro area. The site is strategically located within a dense retail area, offering excellent access and highway visibility.
    Location Intelligence

    Current Use by Public Records

    Bed Bath & Beyond Department Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Paramus
    County
    Bergen
    State
    New Jersey
    Longitude
    -74.076833
    Latitude
    40.922815

    Nearby Similar for Lease

    • Sponsored
      Contact for pricing

      Mack Cali Center

      Discover many ways to work your way in Mack Cali Center
      140 Ridgewood Ave, Paramus, NJ 07652
      View Details
    • Contact for pricing
      40,850 SF

      Paramus Office Space Sublease Opportunity

      Ground floor 2,459 SF suite ideal for healthcare or office use.
      10 Forest Ave, Paramus, NJ 07652
      View Details
    • Contact for pricing

      Paramus Office Space for Lease

      Office suites available in Paramus, adjacent to Bergen Town Center.
      210 Rte 4 East, Paramus, NJ 07652
      View Details
    • Contact for pricing

      Paramus Retail Space Available

      Divisible retail space available on NJ Route 17 Northbound.
      330 New Jersey 17, Paramus, NJ 07652
      View Details
    • Contact for pricing
      3,724 SF

      Four-Story Atrium Office Building

      80,000 SF office building with recent renovations and parking.
      1 Kalisa Way, Paramus, NJ 07652
      View Details
    • Contact for pricing

      Shared Office Suite For Rent

      Two private offices in a shared suite with included utilities.
      16 Arcadian Way, Paramus, NJ 07652
      View Details
    • Contact for pricing
      4,071 SF

      Retail End Cap Space Available

      4,071 SF retail space with high traffic and visibility.
      332 E State Rt 4, Paramus, NJ 07652
      View Details
    • Contact for pricing
      7,180 SF

      Prime Retail Space Available

      Operating salon/spa space available in Paramus, New Jersey.
      469 N State Rt 17, Paramus, NJ 07652
      View Details
    • Contact for pricing
      15,000 SF

      Paramus Retail Space Available

      15,000 SF freestanding retail building in prime location.
      259 E State Rt 4, Paramus, NJ 07652
      View Details
    • Contact for pricing
      30,000 SF

      Prime Retail Space on Route 17

      Available retail space in a densely populated Paramus location.
      30 A And S Dr, Paramus, NJ 07652
      View Details

    FAQs

    What type of property is this?
    Retail property - Strategically located retail space in a super-regional trade area.
    Where is this retail property located?
    The property is located at 300 Ikea Dr Paramus, NJ.
    What are key features of this property?
    This property features: - Super-regional trade area; - Attracts visitors outside of the New York City Metro area; - Strategically situated within a dense retail area
    (610) 834-8000
    Request Owner's contact information
    300 Ikea Dr Paramus, NJ 07652
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    300 Ikea Dr
    Paramus, NJ 07652
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    300 Ikea Dr Paramus, NJ 07652
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Jeffrey Cohen
    (610) 834-8000 (484) 567-2368 (610) 251-0820
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!