Current Use by Public Records
- Lifestyle centers
Property Details for 255 State Rt 4
- Year built
- 2000
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
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.
Value Estimations
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AI approach
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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
- -74.0492
- Latitude
- 40.9151
