Current Use by Public Records
- Jersey Top Notch Locksmith / Locksmith
- The Delford / Apartment Complex
- Village Center of Rochelle Park / Department Store
- CubeSmart Self Storage / Storage Facility
Property Details for 120 Passaic St
- Property type
- Retail properties & Spaces
- Property subtype
- Land
Description
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.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rochelle Park
- County
- Bergen
- State
- New Jersey
- Longitude
- -74.0767
- Latitude
- 40.9122
