81 E State Rt 4 - Medical FOR SALE
Paramus, NJ 07652 |
$5,200,000 USD
773-219-0964
81 E State Rt 4
Paramus, NJ 07652
HIGHLIGHTS
- Scheduled Rental Increases – 2.00% annual rental increases provide a future owner a boost in cash flow and return on their investment, along with prot
- Dense & Wealthy Demographics – The area is densely populated, with over 556,880 residents within a 5-mile radius & an AHHI of $119,300, ensuring a rob
- Strategic Location – The property is ideally positioned directly off New Jersey Route 4 (NJ-4), offering excellent visibility and convenient access fo
- Prime Retail Corridor – The office shares a building with Chipotle and a parking lot with a neighboring strip center anchored by national tenants incl
- Recent Practice Acquisition – Paradigm acquired this practice in November 2024 demonstrating their long-term investment and commitment to the location
- Tenant Investment in Location – Dental support organizations rarely relocate due to high build-out costs and difficulty in retaining the same patients
FOR SALE DETAILS
PRICE
$5,200,000 USD
PRICE/SF
$130 USD /SF
CAP RATE
7.64%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
PARADIGM ORAL HEALTH (FLOOR 2)
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
ADD'L SUBTYPES
Restaurant, Service Station, Storefront
TOTAL BUILDING SIZE
-
STORIES
4
BUILDING CLASS
B
YEAR BUILT
1971
SPRINKLERS
-
PARKING SPACES
139
LAND DETAILS
LAND ACRES
3 AC
LAND SF
130,680 SF
ZONING
HCC-2
APN/PARCEL ID
46-00604-0000-00015-0000-C0102
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773-219-0964
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773-219-0964
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