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117 Fort Lee Road 117 Fort Lee Rd 20,000 SF 100% Leased Office Building Leonia, NJ 07605 $4,900,000 ($245/SF)

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INVESTMENT HIGHLIGHTS

  • 7% cap rate in redevelopment area

EXECUTIVE SUMMARY

Mixed Use Flex Building in great location next to Over Peck County Park. Property contains Car Wash, Office and Industrial Space and includes private parking. Located 2 Miles from the George Washington Bridge and 1.5 Miles from the NJ Turnpike and Route 80 Intersection. This property sits across from a proposed Light Rail Stop with connection to
Hoboken.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Building Size
20,000 SF
Building Class
C
Year Built/Renovated
1957/2018
Price
$4,900,000
Price Per SF
$245
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
10,000 SF
Building FAR
1.21
Lot Size
0.38 AC
Zoning
D

AMENITIES

  • Central Heating
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
29-00802-0000-00019
Land Assessment
$402,500
Improvements Assessment
$767,500
Total Assessment
$1,170,000
  • Listing ID: 24804426

  • Date on Market: 1/10/2022

  • Last Updated:

  • Address: 117 Fort Lee Rd, Leonia, NJ 07605

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