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Owner Occupant/Investor Opportunity w/Rare Pylon Signage on Route 4 | Retail/Office Space in Paramus NJ

81 Route 4, Paramus, NJ, USA Map
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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

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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.

Investment Overview

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This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Any projections, opinions, assumptions or estimates used herein are for example purposes only and do not represent the current or future performance of the property. Marcus & Millichap Real Estate Investment Services is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2020 Marcus & Millichap and Limon Net Lease Group

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