55 Rte Paramus, NJ 07652
- Lifestyle centers
- 22,364 SF
- 1.12 lot acres
Current Use by Public Records
- Lifestyle centers
Property Details for 55 Rte
- Year built
- 2000
- Lot size
- 1.12 lot acres
- Property size
- 22,364 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This exceptional 22,364-square-foot retail property, situated on a 1.12-acre lot in the thriving Paramus, New Jersey market, presents a compelling investment opportunity. The property, built in 2000, comprises a single building and features a convenient 63-space surface parking lot. Currently operating as a showroom, this versatile space offers significant potential for a variety of retail uses. The location is highly desirable, boasting easy access to major transportation arteries including I-17 and Route 4, as well as proximity to several commuter rail lines (Anderson Street and New Bridge Landing stations on the Pascack Valley Line). Furthermore, its strategic location offers convenient access to three major airports: LaGuardia (30-minute drive), Newark Liberty International (37-minute drive), and Westchester County Airport (50-minute drive). The property includes 839 square feet of warehouse space, adding to its functional appeal. The asking price is $7,970,000, translating to $356.38 per square foot. This is a Net Net Net (NNN) lease property. The property consists of one unit. Located at 55 Route 4, Paramus, NJ 07652, this retail center offers unparalleled convenience and accessibility.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Paramus
- County
- Bergen
- State
- New Jersey
- Longitude
- -74.0674
- Latitude
- 40.9201
