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    1 Gdn State Plz Pkwy Paramus, NJ 07652

    For Lease
    Contact for pricing

    1,219 SF, High-Traffic Location

    Lot size:
    1,219 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 1,219-square-foot retail and industrial property, located at One Garden State Plaza Pkwy in Paramus, New Jersey, presents a unique investment opportunity. Situated in Bergen County, this single-tenant space offers significant frontage of 16 feet, ideal for high visibility and accessibility. The property is currently vacant and ready for immediate occupancy, providing flexibility for a variety of uses within the manufacturing or retail sectors. The building's classification as both retail and industrial allows for diverse business applications. The location within the bustling One Garden State Plaza complex provides access to a substantial customer base and high foot traffic. Ample parking is available with 10,831 total parking spaces within the plaza, ensuring convenient access for employees and customers. The property's zip code is 07652. This prime location in Paramus, NJ offers excellent visibility and accessibility, making it an attractive option for businesses seeking a strategic presence in a thriving commercial area. The property is available for lease and presents a rare opportunity to establish a successful business in a high-demand location. The entire 1,219 square feet is currently vacant.

    Property Features for 0 1 Gdn State Plz Pkwy

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,219 SF

    Unit(s) available at that property

    Space
    Space 1109
    Size
    1,219 SF

    HighLights

    • Sublease opportunity available from Aesop.
    • Garden State Plaza attracts approximately 20 million shoppers annually.
    • The mall features 295 stores and over 10,800 parking spaces.
    • Garden State Plaza boasts 2,089,275 square feet of gross leasable area (GLA), making it New Jersey's second‑largest mall.
    • Located within a 40‑minute drive of New York City.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Map

    City
    Paramus
    County
    Bergen
    State
    New Jersey
    Longitude
    -74.0814882
    Latitude
    40.9190009

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    FAQs

    What type of property is this?
    Lifestyle center - 1,219 SF, High-Traffic Location
    Where is this lifestyle center located?
    The property is located at 1 Gdn State Plz Pkwy Paramus, NJ.
    What are key features of this property?
    This property features: Sublease opportunity available from Aesop.; Garden State Plaza attracts approximately 20 million shoppers annually.; The mall features 295 stores and over 10,800 parking spaces.
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    Realmo Value Estimation

    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.

    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.

    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
    1 Gdn State Plz Pkwy Paramus, NJ 07652
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