5 Nj-17 Hasbrouck Heights, NJ 07604
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.