908-770-7111
275-277 Forest Ave, Paramus, NJ for Sale
Medical - FOR SALE
1/14
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275-277 Forest Ave
Paramus, NJ 07652


HIGHLIGHTS

  • 275-277 Forest Avenue is a 45,900-square-foot multi-tenant medical office building with a drive-thru end cap.
  • At the lighted corner intersection of Forest Avenue and Spring Valley Road, a great location in a high-traffic area.
  • Cash-flowing investment of seven medical office tenants, TD Bank (end cap drive-thru), and a Verizon cell tower on the roof.
  • Route 4 and 17 corridors’ high concentration of retail/ office developments has some of the most successful retail locations in the state & nation.
  • In an affluent and stable realm with a 3-mile population of 137,591 residents and an average household income of about $145,000.
  • Prominent frontage along Forest Avenue provides built-in pylon and building signage exposure to more than 21,300 VPD.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Med/Office Strip + Bank Drive-Thru End Cap

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

125

LAND DETAILS

LAND ACRES

3.18 AC

LAND SF

138,521 SF

ZONING

NB

APN/PARCEL ID

46-03815-0000-00013

ASK ABOUT THIS PROPERTY

Seth KatzLegacy Commercial Realty, LLCMore Info
908-770-7111

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Seth KatzLegacy Commercial Realty, LLCMore Info
908-770-7111

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.