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LensCrafters Net Lease Investment

712 NJ-17, Paramus, NJ 07652

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For Sale

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NNN leased investment opportunity with corporate guarantee in Paramus, NJ.

Type:Retail

Property size:

4,000 SF

Price / SF:

$1,363/SF

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)

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Vincent Aicale

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For Sale

Contact for pricing

NNN leased investment opportunity with corporate guarantee in Paramus, NJ.

Type:Retail

Property size:

4,000 SF

Price / SF:

$1,363/SF

Added:: Mar 26, 2026
Days on Market:: 96
Last Refresh:: May 12 at 8:15 pm

Property Features for 712 NJ-17

General Information

Standard status: Active
Size: 4,000 SF
Property subtype: Retail

Building Details

Year Built: 2022

We can help!

Contact an agent

Vincent Aicale

Listing office Cushman & Wakefield - Sacramento, California

Listing date Mar 26, 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

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For sale
Retail space
NJ
Paramus
07652
712 NJ-17

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