Extremely affluent demographic profile within the market
Prime retail corridor within Bergen County with 386’ of frontage along Route 17 South
Easily accessible from Routes 4, 17 and the Garden State Parkway
Strong retail market with average rents near $30/SF
Potential to acquire a portion interest in the property with tremendous value-add opp through repositioning
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)
OVERVIEW
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.