Property profile

700 Broadway Westwood, NJ 07675

OFF-MARKET
Commercial real estate
174,275 SF
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Property summary

AI-generated overview

Westwood Plaza, a thriving retail center in Westwood, NJ, presents an exceptional opportunity for businesses seeking high-visibility locations. This established shopping center, situated on heavily trafficked Broadway, boasts a total of 174,275 square feet of retail space. Currently, there are 13 available spaces ranging from a minimum of 1,400 square feet to a maximum contiguous space of 4,500 square feet, with a total of 24,760 square feet currently vacant. The center offers a diverse tenant mix, anchored by a prominent TJ Maxx, creating a synergistic environment for potential tenants. With ample parking accommodating 1000 vehicles, Westwood Plaza ensures convenient access for customers. Its prime location in Bergen County, coupled with strong demographics and easy accessibility, contributes to its consistent success as a leading neighborhood shopping destination. The property's established reputation and high foot traffic make it an ideal location for businesses seeking to establish or expand their presence in a thriving retail market. This is a rare opportunity to secure space in a well-established, high-performing retail center in a desirable Bergen County location.

Property profile

Verified
Property type Commercial real estate
Total area 174,275 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Employment Agency
  • Atm Currency Exchange Service
  • Carpet Cleaning Service
  • Clothing & Fashion Store
  • Restaurant

Location

700 Broadway Westwood, NJ 07675
Westwood metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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