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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

120 Passaic St Rochelle Park, NJ 07662

30,000 SF
Property ID
Property summary
AI-generated overview

This exceptional retail opportunity in Bergen County presents 30,000 square feet of commercial space, with 2,000 square feet currently available for lease. The property is situated on a one-acre lot and features a multi-tenant configuration. The available space is ideal for quick-service restaurants, service retail businesses, or medical practices. This location benefits from its proximity to major roadways, including the Garden State Parkway, Route 17, and Route 4, ensuring high visibility and accessibility. Ample parking is available, with 100 spaces dedicated to retail tenants. The property enjoys a strong shadow anchor position near Westfield's Garden State Plaza, a major shopping destination generating over 16,000 daily car counts. Furthermore, the property is enhanced by the presence of a newly signed 160-unit luxury apartment complex opening in March 2024, providing a built-in customer base. This development site offers a unique blend of convenience, high traffic, and a thriving surrounding community, making it an exceptional investment opportunity. The property is classified as Retail and Land, offering significant potential for growth and profitability.

Property profile
Verified
Property type Retail properties & Spaces
Total area 30,000 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
Current use
Occupant on record · Public records
  • Jersey Top Notch Locksmith Locksmith
  • The Delford Apartment Complex
  • Village Center of Rochelle Park Department Store
  • CubeSmart Self Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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