Owner Occupant/Investor Opportunity w/Rare Pylon Signage on Route 4 | Retail/Office Space in Paramus NJ
81 Route 4, Paramus, NJ, USA Map
Listing Price $950,000
Status | Closed |
Lease Type | N/A |
Property Type | Mixed-Use |
CAP Rate | 7.27% |
GLA (Sq. Ft.) | 2,450 |
NOI | $69,066 |
State (BOR) | NJ |
Broker of Record | John Horowitz |
License # (BOR) | 2192359 |
# of Units | 1 |
Price per Square Foot | $428.57 |
Close Date | Mar 10, 2023 |
Investment Highlights
Subject is a Vacant Retail/Office Condo Totaling 2,450 Square Feet Along High Traffic Route 4, Paramus New Jersey, Located on the First Floor of a Four Story
Mixed Use Office Building. Perfect for an Owner Occupant or Investor. Includes Rare Visible Pylon Signage on Route 4. Conservatively Comps at a 7.27% Cap with an Pro Forma NOI of $69,066.