1 Garden State Plz | Paramus, NJ 07652
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- LoopNet Team
1 Garden State Plz
Paramus, NJ 07652
Salsa Arepa · Retail Property For Sale
PROPERTY FACTS
Property Type
Building Size
937,157 SF
Building Class
A
LoopNet Rating
4 Star
Year Built/Renovated
1957/2014
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.22
Lot Size
99.40 AC
Zoning
BML - Commercial
Parking
10,831 Spaces (5.63 Spaces per 1,000 SF Leased)
AMENITIES
- Food Court
- Kiosk/Cart Space
- Enclosed Mall
- Air Conditioning
- Smoke Detector
ABOUT 1 GARDEN STATE PLZ , PARAMUS, NJ 07652
Restaurant located in the food court of the Garden State Plaza Mall. Great opportunity to lease a space in a prestigious mall. The business was approved by the board of the mall. There is a current lease with 9 years remaining and an option to renew for another 5 years. The rent is increased by 3% annually. Owner pays for electricity $800/mt, water $300/mt, garbage $300/mt, insurance $8,000/year. Easy to franchise.Income January to October $48,000 a month and November $98,000 and December $98,000.
PROPERTY TAXES
| Parcel Number | 46-00301-0000-00005-01-Q0001 | Improvements Assessment | $574,075,000 |
| Land Assessment | $0 | Total Assessment | $574,075,000 |
PROPERTY TAXES
Parcel Number
46-00301-0000-00005-01-Q0001
Land Assessment
$0
Improvements Assessment
$574,075,000
Total Assessment
$574,075,000
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