Technical
Financial
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Property profile

5 Nj-17 Hasbrouck Heights, NJ 07604

OFF-MARKET
Retail properties & Spaces
12,621 SF
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Property summary

AI-generated overview

This 12,621 square foot retail property in Bergen County, New Jersey, is currently partially occupied by a Pep Boys. 7,418 square feet are available for lease. The existing tenant, Pep Boys, operates under a long-term ground lease and continues its tire and auto repair services. The vacated 7,418 square foot space, previously used for parts sales, presents a unique opportunity for various retail uses. Ideal tenants include medical facilities (dialysis, plasma centers), daycare centers (children or pets), discount retailers, furniture stores, tool and hardware retailers, and automotive businesses that do not directly compete with the existing Pep Boys operations (e.g., collision centers, auto glass shops, or specialized auto parts stores). The property boasts high visibility from all directions and ample parking. Its location is typically surrounded by nationally recognized retailers. The space is flexible and can be adapted to suit the needs of the prospective tenant. Cash allowances may be negotiated, contingent upon a rent structure that ensures a reasonable return on investment.

Property profile

Verified
Property type Retail properties & Spaces
Total area 12,621 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5 Nj-17 Hasbrouck Heights, NJ 07604
Hasbrouck Heights metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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