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Property profile

42 Nj-17 Paramus, NJ 07652

OFF-MARKET
Retail properties & Spaces
View Sample
12,400 SF 0.91 ac lot

Property summary

AI-generated overview

This exceptional 12,400-square-foot free-standing retail building presents a unique investment opportunity. Situated on a 0.91-acre lot at 42 Route 17 in Paramus, New Jersey (zip code 07652), this property boasts a highly desirable location within Bergen County's thriving retail and office corridor. The building benefits from exceptional visibility and accessibility, enjoying convenient access to major roadways including Route 17, Route 4, and the Garden State Parkway. This translates to significant daily traffic, with over 145,000 vehicles passing by daily. The property is being offered for sale for the first time, representing a rare chance to acquire a well-established retail space in a high-demand area. Its substantial size and prime location make it ideal for a variety of retail uses. The property's address is 42 NJ-17, Paramus, NJ. This is a remarkable opportunity to own a piece of Paramus's vibrant commercial landscape. The building's size and location offer significant potential for growth and return on investment. Don't miss this chance to secure a premier retail property in a highly sought-after location.

Property profile

Verified
Property type Retail properties & Spaces
Total area 12,400 SF
Lot 0.91 ac (39,640 SF)

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • Party Supply Store (Bike/Boat/Book/etc) Store
  • Big Box & Wholesale Store
  • Hat Shop
  • (Bike/Boat/Book/etc) Store

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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