200 Ikea Dr Paramus, NJ 07652
- Retail properties
- 50,739 SF
Current Use by Public Records
- Retail properties
Property Details for 200 Ikea Dr
- Year built
- 2004
- Property size
- 50,739 SF
- Property type
- Retail properties
- Property subtype
- Freestanding property
Description
This exceptional 50,739-square-foot retail space presents a unique opportunity in the highly sought-after Route 4 submarket of Bergen County, New Jersey. Located at 200 IKEA Drive, Paramus, NJ 07652, this Class A property boasts a single-tenant occupancy and is situated at the crossroads of major thoroughfares, including Route 4, Route 17, and the Garden State Parkway. Built in 2004 and renovated the same year, the building features a single story with 289 parking spaces, ensuring ample convenience for customers. The property is zoned HCC and benefits from its strategic location within a super-regional retail hub. Its proximity to a major IKEA store, ranked among the top 1% of furniture and home furnishing retailers nationally in terms of annual visitors, and Westfield Garden State Plaza, a leading shopping destination with over 14.4 million annual visitors, guarantees high visibility and significant foot traffic. This flagship opportunity offers unparalleled access to a diverse customer base extending beyond the New York City metro area, attracting both local shoppers and international tourists. The expansive space presents an ideal platform for a variety of retail concepts seeking a prominent presence in a thriving commercial environment. This is a rare chance to establish a business in a high-traffic area with excellent accessibility and strong regional draw.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Paramus
- County
- Bergen
- State
- New Jersey
- Longitude
- -74.0765
- Latitude
- 40.9228
