Property profile

0 Chestnut Ridge Rd Montvale, NJ 07645

OFF-MARKET
Lifestyle centers
76,388 SF
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Property summary

AI-generated overview

Chestnut Ridge Shopping Center, located at Chestnut Ridge Rd, Montvale, NJ 07645, presents a compelling retail investment opportunity in Bergen County. This established shopping center offers a total of 76,388 square feet of retail space, currently divided into three suites. A significant 5,940 square feet is currently vacant, providing immediate potential for new tenants. The minimum divisible space is 1,980 square feet, and the maximum contiguous space available is also 1,980 square feet. This makes it ideal for a variety of retail businesses seeking a presence in this thriving community. The center enjoys a strategic location, serving the surrounding towns of Montvale, Woodcliff Lake, Park Ridge, Saddle River, Upper Saddle River, Rivervale, and Hillsdale, ensuring a robust customer base. The property's address is easily accessible, offering excellent visibility and convenient access for shoppers. This is a rare opportunity to acquire a well-positioned retail property in a high-demand area of Bergen County, New Jersey. The existing infrastructure is in place, providing a seamless transition for new tenants. Serious inquiries are encouraged to explore this exceptional investment opportunity further.

Property profile

Verified
Property type Lifestyle centers
Total area 76,388 SF

Cap rate & NOI

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

Location

Chestnut Ridge Rd Montvale, NJ 07645
Montvale metro
Google Maps

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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