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Property profile & analytics
OFF-MARKET
Lifestyle centers

55 Rte Paramus, NJ 07652

22,364 SF 1.12 ac lot Built 2000
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Lifestyle centers
Year built 2000
Total area 22,364 SF
Lot 1.12 ac (48,787 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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