Newly Renovated Free-Standing
For Sale
Contact for pricing
2053 Lemoine Ave, Fort Lee, NJ 07024
Income-producing retail building with ample on-site parking and long-term leases on two levels in Fort Lee.
Property SizeContact for details
Days on Market59
Property Features for 2053 Lemoine Ave
General Information
Standard status
Active
Property subtype
Commercial
Listing Agency:
Alpine MC Realty LLC
Listed By:
Woo H. Choi ()
Source:
Ridgevalleyre
Added: Jun 10
Changed: Jul 10
Last Checked: Aug 6 at 6:39AM
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 Alpine MC Realty LLC
Investment Insights
Based on property information with market context.
This newly renovated, free-standing retail building offers two levels of leased space. The first floor is leased to Woori America on a NNN basis, with rent of $41,140 per month through 06/30/2043. The second floor is leased to The Buffet on a NNN basis, with rent of $26,500 per month through 04/30/41. The property also includes ample on-site parking.
Located at 2053 Lemoine Ave in Fort Lee, the building is positioned among a high-rise concentration and nearby retail activity, including a retail mall. Remarks also note a hotel planned for construction across the street, adding to the commercial mix in the immediate area.
For buyers seeking a stabilized retail asset, the property provides dedicated parking (36 spaces) and existing NNN tenant leases extending through 2043 and 2041. With both floors currently under lease, the building can be evaluated as an income-producing retail investment or as an acquisition opportunity for an operator interested in maintaining an income stream across two levels.
Located at 2053 Lemoine Ave in Fort Lee, the building is positioned among a high-rise concentration and nearby retail activity, including a retail mall. Remarks also note a hotel planned for construction across the street, adding to the commercial mix in the immediate area.
For buyers seeking a stabilized retail asset, the property provides dedicated parking (36 spaces) and existing NNN tenant leases extending through 2043 and 2041. With both floors currently under lease, the building can be evaluated as an income-producing retail investment or as an acquisition opportunity for an operator interested in maintaining an income stream across two levels.
Key Highlights
- Income‑producing free‑standing retail building with long‑term NNN leases on 1st and 2nd floors
- 1st floor lease: Woori America at $41,140/month NNN until 06/30/2043
- 2nd floor lease: The buffet at $26,500/month NNN until 04/30/2041
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,572
Businesses Nearby
189k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 46%
Shops & Services 31%
Groceries 21%
Beauty & Spa 1%
ACME Markets
Groceries
40,671 visits/mo
0.4 miles
McDonald's
Dining
30,598 visits/mo
0.3 miles
Paris Baguette
Dining
22,490 visits/mo
0.1 miles
Starbucks
Dining
15,688 visits/mo
0.2 miles
Citibank
Shops & Services
14,931 visits/mo
0.1 miles
Demographics for 07024, NJ
40,171
Population
19,748
Households
2
Avg Household Size
46
Median Age
65%
College-Educated
95%
High-School Grad
2.5 sq mi
ZIP Area
16,068
Density / Sq Mi
$105,594
Median Household Income
$71,008
Median Earnings
$2,257
Median Rent
$422,200
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Similar Off Market Nearby
- Peonia Atelier — 1550 Lemoine Ave #110, Fort Lee, NJ 07024
Frequently Asked Questions
What type of property is this?
Storefront property - Income-producing retail building with ample on-site parking and long-term leases on two levels in Fort Lee.
Where is this storefront property located?
The property is located at 2053 Lemoine Ave Fort Lee, NJ.
What is the asking price?
The asking price for this property is $13,900,000.
What are key features of this property?
This property features: Income‑producing free‑standing retail building with long‑term NNN leases on 1st and 2nd floors; 1st floor lease: Woori America at $41,140/month NNN until 06/30/2043; 2nd floor lease: The buffet at $26,500/month NNN until 04/30/2041
