Leased Retail
33 Broadway, Fair Lawn, NJ 07410
For Sale
New
Contact for pricing
The lease provides annual rent increases and extends through June 30, 2032.
Property Size6,301 SF
Price / SF$313.97
Days on Market4
Property Features for 33 Broadway
General Information
Standard status
Size
Property subtype
Financials
Asking Price
Cap Rate
Additional Details
Tenant in Place
Listing Agency:
Matthews Real Estate Investments Services | New York
(866) 889-0550
Listed By:
Edward DeSimone · License #10401386411(NY)
(732) 832-5414
Source:
Moodyscre
Added: Nov 6
Changed: Nov 8
Last Checked: Nov 8 at 5:12PM
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 Matthews Real Estate Investments Services | New York
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 6,301-square-foot retail property is leased, with the tenant having exercised an extension that runs through June 30, 2032. The lease calls for 2.5% annual rent increases. The property is offered at a 6.75% cap rate.
Key Highlights
- 6,301‑square‑foot retail property
- Tenant exercised a lease extension through June 30, 2032
- Lease includes 2.5% annual rent increases
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$89,936
Cap Rate
4.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,798,720
$1.8M
Cap Rate 7%
$1,284,800
$1.3M
Cap Rate 9%
$999,289
$999.3K
Market Conditions
NOI Build-Up for 6,301 SF
Gross rent
$136.1K $21.60/SF
− Vacancy
−$7.6K −$1.21/SF
EGI
$128.5K $20.39/SF
− OpEx
−$38.5K −$6.12/SF
NOI
$89.9K $14.27/SF
Area
Bergen County, NJ
Vacancy
5.60%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,798,720
Cap Rate 7%
$1,284,800
Cap Rate 9%
$999,289
Alternative Uses
Best Use
Retail
$1.28M
$1.12M – $1.50M
NOI $89,936 @ 7.0% cap · market cap 4.55%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.65M
$1.44M – $1.92M
NOI $115,172 @ 7.0% cap · market cap 5.82%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
982
Businesses Nearby
47k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 68%
Shops & Services 32%
McDonald's
Dining
22,315 visits/mo
0.2 miles
7-Eleven
Shops & Services
9,877 visits/mo
0.1 miles
IHOP
Dining
8,389 visits/mo
0.3 miles
AutoZone
Shops & Services
4,367 visits/mo
0.3 miles
Domino's Pizza
Dining
1,194 visits/mo
0.3 miles
Demographics for 07410, NJ
34,927
Population
12,392
Households
2.8
Avg Household Size
42
Median Age
64%
College-Educated
97%
High-School Grad
5.1 sq mi
ZIP Area
6,848
Density / Sq Mi
$147,952
Median Household Income
$75,865
Median Earnings
$1,908
Median Rent
$532,700
Median Home Value
Market
Average Price Trend$/SF for Retail space in Bergen County, NJ
Properties on Market for Retail space in Bergen County
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - The lease provides annual rent increases and extends through June 30, 2032.
Where is this retail space located?
The property is located at 33 Broadway Fair Lawn, NJ.
What is the asking price?
The asking price for this property is $1,978,296.
What are key features of this property?
This property features: 6,301‑square‑foot retail property; Tenant exercised a lease extension through June 30, 2032; Lease includes 2.5% annual rent increases
