Investment Overview

Marcus & Millichap is pleased to offer for sale 145 Main Ave, Passaic NJ, a 16,000 sq. ft. professional office . The office features seven units that are fully occupied by a tenant mix that includes a satellite office to a local hospital, a dentist, a modern co-working space, a synagogue, and a dental lab. Lease term remaining range from m/m to five years in length with new and long term tenants. Interior buildouts are clean, modern and well maintained. The property was built in 2009, is in excellent condition and sits on a .33-acre parcel. Parking is provided by 10 on-site spaces and ample street parking The property is conveniently located on Main Ave with easy access to Route 21, Route 3 and public transportation. Passaic is a densely populated, middle class city located 12 miles west of New York City. The population within a 3- mile radius is 282,000 with an average household income of $105,000.