73-75 S State Rt 17 | Paramus, NJ 07652
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73-75 S State Rt 17
Paramus, NJ 07652
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Extremely affluent demographic profile within the market
- Easily accessible from Routes 4, 17 and the Garden State Parkway
- Potential to acquire a portion interest in the property with tremendous value-add opp through repositioning
- Prime retail corridor within Bergen County with 386’ of frontage along Route 17 South
- Strong retail market with average rents near $30/SF
- Solar panels installed 12 years ago - estimated SREC income over the next 3 years projected at $76,800 (est energy savings projected at $15K/yr)
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
37,439 SF
Building Class
C
Year Built
1980
Tenancy
Single
Building Height
1 Story
Building FAR
0.28
Lot Size
3.04 AC
Zoning
GB
Parking
250 Spaces (7.13 Spaces per 1,000 SF Leased)
Frontage
219’ on Rt-17 SOUTH
AMENITIES
- Bus Line
- Freeway Visibility
- Signage
ABOUT 73-75 S STATE RT 17 , PARAMUS, NJ 07652
75 Route 17, Paramus is a single-story, 37,439 square foot retail building situated on approximately 3 acres along Bergen County’s primer retail corridor. The property features 219 feet of frontage on Route 17 South, signage and is close to a bus line.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $20,140,000 | |
| Land Assessment | $5,765,000 | Total Assessment | $25,905,000 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$5,765,000
Improvements Assessment
$20,140,000
Total Assessment
$25,905,000
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