Property profile

8-10 Lexington Ave Passaic, NJ 07055

OFF-MARKET
Retail properties & Spaces
24,847 SF
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Property summary

AI-generated overview

This exceptional retail property, located at 8-10 Lexington Avenue in Passaic, New Jersey, offers a significant opportunity for businesses seeking a prominent presence in a vibrant commercial area. The entire 24,847 square foot building is currently available for lease, providing flexibility for a single large tenant or the possibility of dividing the space into smaller units, with a minimum divisible space of 7,800 square feet. The property is classified as Commercial Retail with multiple tenancy options. Its prime location in Passaic County, zip code 07055, ensures high visibility and accessibility for customers. Parking is conveniently available via street parking and nearby lots, addressing the needs of both employees and patrons. The property's size and layout make it suitable for a wide range of retail businesses, offering ample space for display, inventory, and operations. This is a rare opportunity to secure a substantial retail space in a desirable location, providing excellent potential for growth and success. The address is easily accessible and benefits from strong local foot traffic and visibility. Interested parties are encouraged to inquire for further details and leasing options. The property is ready for immediate occupancy.

Property profile

Verified
Property type Retail properties & Spaces
Total area 24,847 SF

Cap rate & NOI

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

Location

8-10 Lexington Ave Passaic, NJ 07055
Passaic 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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