501-517 River Dr 28,000 SF 100% Leased Retail Building Garfield, NJ 07026 $8,990,000 ($321.07/SF) 6.72% Cap Rate

Exceptional, high-visibility commercial investment on River Drive featuring two standalone, well-maintained buildings with long-tenured, qualified tenants and a diverse, service-driven tenant mix. A rare opportunity to acquire a turnkey, income-producing commercial asset in a prime Bergen County corridor with strong in-place cash flow and future upside.
Building One offers approximately 28,000 SF and is occupied by 14 established tenants, including personal care, retail, fitness/sports recreation, and restaurant uses. Notably, the property features an impressive Indoor soccer facility on the third floor and a popular upscale bar/restaurant. The site is supported by approximately 75 parking spaces, providing a rare convenience for a multi-tenant asset of this size.
Building Two is fully occupied by a well-known local grocery store, serving as a daily-needs anchor for the surrounding community.
The property sits directly across from The Venetian and benefits from strong daily traffic counts along River Drive. Surrounded by national retailers such as The Home Depot, the location offers excellent consumer draw and long-term stability. Immediate access to New Jersey Route 21, New Jersey Route 17, and U.S. Route 46 further enhances regional connectivity.
The original owner built these two impressive buildings in 2007. Positioned for both immediate income and long-term appreciation, this asset offers investors a compelling blend of location, tenancy, visibility, parking, and durable commercial demand.