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Property profile & analytics
OFF-MARKET
Lifestyle centers

695 Rt-17 Paramus, NJ 07652

13,900 SF Built 1960
Property ID
Property summary
AI-generated overview

This exceptional 13,900 square foot multi-tenant shopping center is located at 695 Route 17 in Paramus, New Jersey, within Bergen County (zip code 07652). Built in 1960, the property boasts 100% occupancy with strong, long-term tenants, including a recently signed feminine urgent care facility. The center enjoys a prime retail location in the heart of the Paramus market, benefiting from excellent visibility and accessibility from both sides of Route 17. This high-traffic area sees over 160,000 vehicles daily. The property's strategic location offers convenient access to Route 4 and the Garden State Parkway, further enhancing its appeal and accessibility. Its proximity to the new Valley Hospital (within 2 miles) adds to its desirability. The property generates a strong net operating income (NOI) due to the stable tenancy and prime location. This presents a compelling investment opportunity for those seeking a fully leased, high-performing retail asset in a thriving market. The property is classified as Retail, Subtype Shopping Center.

Property profile
Verified
Property type Lifestyle centers
Year built 1960
Total area 13,900 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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