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695-703 N State Rt 17 14,000 SF 100% Leased Retail Building Paramus, NJ 07652 For Sale
EXECUTIVE SUMMARY
This prime retail site on busy Route 17 South in Paramus offers exceptional visibility and access, with convenient connections to Route 4 and the Garden State Parkway. The stabilized NNN retail asset boasts a strong NOI and a weighted average lease term (WALT) of 4.5 years, ensuring reliable income. Positioned in a high-traffic corridor with over 160,000 vehicles passing daily, this location is ideal for maximizing exposure and long-term value.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
14,000 SF
Building Class
C
Year Built
1960
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.32
Lot Size
1.00 AC
Zoning
RTL
AMENITIES
- Bus Line
- Freeway Visibility
- Signage
- Air Conditioning
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 46-06017-0000-00014 | Improvements Assessment | $2,382,996 CAD |
| Land Assessment | $3,588,301 CAD | Total Assessment | $5,971,297 CAD |
PROPERTY TAXES
Parcel Number
46-06017-0000-00014
Land Assessment
$3,588,301 CAD
Improvements Assessment
$2,382,996 CAD
Total Assessment
$5,971,297 CAD
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695-703 N State Rt 17
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