LensCrafters Net Lease
712 NJ-17, Paramus, NJ 07652
NNN leased investment opportunity with corporate guarantee in Paramus, NJ.
Type:Retail
Property size:
4,000 SFPrice / SF:
$1,363/SF- Added:
- Feb 5, 2026
- Days on Market:
- 97
- Last Refresh:
- Mar 17 at 1:14 pm
Property Features for 712 NJ-17
General Information
- Standard status
- Active
- Size
- 4,000 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2022
Listing agent Vincent Aicale License #CA 01728696
Listing office Cushman & Wakefield - Sacramento, California
Listing date Feb 5, 2026
Source Crexi
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 Cushman & Wakefield - Sacramento, California
HighLights
- Corporate Lease Guarantee by Luxottica of America, Inc.
- Net Lease Structure: Tenant (LensCrafters) covers property taxes, insurance, and most property expenses.
- 10‑Year Initial Lease Term with a 5‑Year Renewal Option
- High‑Visibility Location on Route 17 with 94,127 Vehicles Per Day
- Fashion Center Paramus Outparcel Location with Major Retail Tenants
- Proximity to New York City (Less than 25 miles)
Overview
This property is a retail space occupied by LensCrafters, strategically positioned as an outparcel to Fashion Center in Paramus, New Jersey. The location benefits from high visibility on Route 17, with a daily traffic count of 94,127 vehicles, and is near the Garden State Parkway, which sees 156,930 vehicles daily. The property benefits from its proximity to major metro areas, being less than 25 miles from New York City, attracting a broad customer base. The property has direct access from major thoroughfares, including the nearby Garden State Parkway, enhancing its accessibility. The lease structure is a net lease, where LensCrafters covers property taxes, insurance, and most property expenses, resulting in low management responsibility for the landlord. The lease is corporately guaranteed by Luxottica of America, Inc., which is owned by EssilorLuxottica. EssilorLuxottica has strong financials and brand recognition, with LensCrafters being one of its leading North American brands. The lease term includes a 10-year initial lease and a 5-year renewal option, providing steady, long-term income. The property is situated near major shopping center tenants such as Amazon Fresh, Best Buy, and TJ Maxx. The property size is 4000 square feet.
Location Intelligence
Current Use by Public Records
Retail space
Map
- City
- Paramus
- County
- Bergen
- State
- New Jersey
- Longitude
- -74.0713
- Latitude
- 40.9453
Nearby Similar for Sale
FAQs
What type of property is this?
Retail space - NNN leased investment opportunity with corporate guarantee in Paramus, NJ.
Where is this retail space located?
The property is located at 712 NJ-17 Paramus, NJ.
What is the asking price?
The asking price for this property is $5,455,000.
What are key features of this property?
This property features: Corporate Lease Guarantee by Luxottica of America, Inc.; Net Lease Structure: Tenant (LensCrafters) covers property taxes, insurance, and most property expenses.; 10‑Year Initial Lease Term with a 5‑Year Renewal Option
