Mixed-Use
CHIPOTLE / Retail / Owner Occupant Opportunity
81 Rte 4, Paramus, NJ 07652
Listing Price: $6,300,000
Investment Overview
Subject Includes Three Retail Condos Totaling 8,595 Square Feet Along High Traffic Route 4, Paramus New Jersey, located on the First Floor of a Four-Story Mixed Use Office Building With Net Leases With Chipotle and America’s Best, Upside Opportunity With Vacant Third Condo, First Floor Space With 8,595 Square Feet Gross Leasable Average
CHIPOTLE / Retail / Owner Occupant Opportunity
Investment Highlights
- Strategically Located in a High Traffic, High Density, Traffic Hub, within 3 Miles of Multiple Highways, Five Amazing Upscale Malls, Interstate 80, and a Robust 5-Mile Daytime Population of 510,000 Pe
- Affluent New York City Metropolitan Area Community with an Average Household Income of Over $161K within One Mile of the Subject Asset, and a Daytime Population of Over 184K People within 5 Miles
- Robust, Year-Round Foot Traffic Market | Subject Also Sees Considerable Traffic Counts Along Route 4 (136,191 VPD), New Jersey I-17 (141,271 VPD), and Nearby Garden State Parkway (158,029 VPD)
- Subject is Located Less Than Three Miles (Five Minutes) From Paramus Park Shopping Mall, Westfield Garden State Plaza, and Bergen Town Center Mall With Over 375 National and Local Retailers Combined
- Subject is Less Than 15 Miles From Manhattan New York Via Car, a 30 Minute Drive or Via Public Transportation, a 35 Minute Commute with a Metro Population of 18.8 Million | The City's Population Grew by 629,057 Residents (7.7%) Between 2010 and 2020
- Approximately 18,303 Pre-K-12 Students Across 52 Public Schools within Three Miles of Subject (Source: PublicSchoolReview.com)
- Nearby National Tenants Include Gucci, Zara, Burberry, Nordstrom Rack, Blaze Pizza, AT&T, Starbucks, Target, CVS, GameStop, Qdoba, Whole Foods, Old Navy, Burlington, IKEA, Gap, Nike, Sketchers, GUESS, T-Mobile, Adidas, Red Robin, Abercrombie & Fitch, Macy's, and Many More
Broker of Record
-
John Horowitz
First Vice President/ Division Manager
Listing Price: $6,300,000
Investment Highlights
- Strategically Located in a High Traffic, High Density, Traffic Hub, within 3 Miles of Multiple Highways, Five Amazing Upscale Malls, Interstate 80, and a Robust 5-Mile Daytime Population of 510,000 Pe
- Affluent New York City Metropolitan Area Community with an Average Household Income of Over $161K within One Mile of the Subject Asset, and a Daytime Population of Over 184K People within 5 Miles
- Robust, Year-Round Foot Traffic Market | Subject Also Sees Considerable Traffic Counts Along Route 4 (136,191 VPD), New Jersey I-17 (141,271 VPD), and Nearby Garden State Parkway (158,029 VPD)
- Subject is Located Less Than Three Miles (Five Minutes) From Paramus Park Shopping Mall, Westfield Garden State Plaza, and Bergen Town Center Mall With Over 375 National and Local Retailers Combined
- Subject is Less Than 15 Miles From Manhattan New York Via Car, a 30 Minute Drive or Via Public Transportation, a 35 Minute Commute with a Metro Population of 18.8 Million | The City's Population Grew by 629,057 Residents (7.7%) Between 2010 and 2020
- Approximately 18,303 Pre-K-12 Students Across 52 Public Schools within Three Miles of Subject (Source: PublicSchoolReview.com)
- Nearby National Tenants Include Gucci, Zara, Burberry, Nordstrom Rack, Blaze Pizza, AT&T, Starbucks, Target, CVS, GameStop, Qdoba, Whole Foods, Old Navy, Burlington, IKEA, Gap, Nike, Sketchers, GUESS, T-Mobile, Adidas, Red Robin, Abercrombie & Fitch, Macy's, and Many More
Investment Overview
Subject Includes Three Retail Condos Totaling 8,595 Square Feet Along High Traffic Route 4, Paramus New Jersey, located on the First Floor of a Four-Story Mixed Use Office Building With Net Leases With Chipotle and America’s Best, Upside Opportunity With Vacant Third Condo, First Floor Space With 8,595 Square Feet Gross Leasable Average
Broker of Record
-
John Horowitz
First Vice President/ Division Manager
