Parker Center for Plastic Surgery 122 E Ridgewood Ave 12,852 SF 100% Leased Office Building Paramus, NJ 07652 For Sale

The Clinical Group has been exclusively retained to sell The Parker Center at 122 E. Ridgewood Avenue, Paramus, New Jersey, a premier, fully leased medical office building strategically located directly across from The Valley Hospital’s new Paramus campus. The ±12,852-square-foot property features institutional-quality medical buildouts, modern clinical suites, and prominent East Ridgewood Avenue visibility with easy access to the Garden State Parkway and Route 17. Tenants benefit from monument signage, ample on-site parking, and immediate proximity to one of Northern New Jersey’s most significant new healthcare destinations. With its modern construction, stable tenancy, and purpose-built medical design, The Parker Center offers investors a highly secure and attractive income stream.
MARKET OVERVIEW
The Parker Center stands out within the Paramus medical office submarket, one of the strongest in Bergen County. The building achieves average effective rents of approximately $37.56 per RSF Gross, exceeding the local market average of $32 per RSF Gross, while maintaining 100 percent occupancy—a notable advantage compared to the submarket’s roughly 10 percent vacancy rate. This performance reflects both the superior location and the sustained demand for outpatient and specialty medical space in Paramus. The property’s adjacency to The Valley Hospital, combined with its accessibility to Hackensack Meridian Health and other major medical providers, anchors it firmly within a thriving healthcare ecosystem that continues to expand patient traffic and provider presence.
INVESTMENT HIGHLIGHTS
The Parker Center offers investors a rare opportunity to acquire a fully stabilized, healthcare-focused asset in one of the most sought-after medical corridors in Northern New Jersey. Its irreplaceable location adjacent to a newly developed, full-service hospital campus provides enduring tenant appeal and long-term value protection. The combination of above-market rental rates, medical-grade infrastructure, and zero vacancy positions The Parker Center as a best-in-class, recession resilient investment delivering both dependable income and strong upside potential in the years ahead.