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723 Rt-17 11,783 SF 100% Leased Retail Building Paramus, NJ 07652 $8,776,948 CAD ($744.88 CAD/SF) 6.50% Cap Rate
Executive Summary
Sale Price:
$6,404,615.38 based on a 6.5% cap rate.
$6,404,615.38 based on a 6.5% cap rate.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
11,783 SF
Building Class
C
Year Built
2000
Price
$8,776,948 CAD
Price Per SF
$744.88 CAD
Cap Rate
6.50%
NOI
$570,502 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.15
Lot Size
1.77 AC
Zoning
BIL - Business
Parking
30 Spaces (2.55 Spaces per 1,000 SF Leased)
Frontage
181’ on Rt-17
Amenities
- Bus Line
- Freeway Visibility
- Signage
Moderately walkable
70/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 46-06808-0000-00001 | Improvements Assessment | $1,857,929 CAD |
| Land Assessment | $4,925,166 CAD | Total Assessment | $6,783,095 CAD |
Property Taxes
Parcel Number
46-06808-0000-00001
Land Assessment
$4,925,166 CAD
Improvements Assessment
$1,857,929 CAD
Total Assessment
$6,783,095 CAD
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723 Rt-17
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