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Property profile & analytics
OFF-MARKET
Lifestyle centers

255 State Rt 4 Paramus, NJ 07652

15,000 SF Built 2000
Property ID
Property summary
AI-generated overview

This exceptional 15,000-square-foot freestanding building presents a unique investment opportunity in the heart of Paramus's thriving retail corridor. Located on State Route 4, this property boasts unparalleled visibility and accessibility, with over 160,000 vehicles passing daily. Currently vacant, the entire 15,000 square feet is available for lease, offering flexibility for a single large tenant or the potential for division into smaller spaces. Built in 2000, the building sits on a 1.4-acre lot, providing ample space for parking and potential expansion. The site's prime location within Bergen County ensures access to an affluent demographic and a robust daytime population, making it ideal for a variety of retail or restaurant concepts. The property's configuration lends itself to redevelopment, particularly for a restaurant with a drive-thru, capitalizing on the high traffic volume and strong local demand. Pylon signage is available, further enhancing visibility and brand recognition. This is a rare chance to secure a prominent location in one of New Jersey's most successful retail markets. The property's size, location, and potential for redevelopment make it an exceptional investment opportunity with significant upside.

Property profile
Verified
Property type Lifestyle centers
Year built 2000
Total area 15,000 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
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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