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223 Route 17

1,850 SF Retail Building Rochelle Park, NJ 07662 $1,100,000 ($595/SF) 4.58% Cap Rate

Executive Summary

Exceptional Investment Opportunity:
Acquire a boutique freestanding building located on Route 17.
This well-maintained property offers a strong Net Operating Income (NOI)
and is currently leased to a thriving smoke shop.
For further details, please reach out to Evan.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,850 SF
Building Class
C
Year Built
1994
Price
$1,100,000
Price Per SF
$595
Cap Rate
4.58%
NOI
$50,400
Tenancy
Single
Building Height
1 Story
Building FAR
0.29
Land Acres
0.15 AC
Parking
1.5 Spaces per 1,000 SF Leased

Amenities

  • Freeway Visibility
Walk Score ®
Very Walkable (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Lakeland Bank
Valley National Bank
CrossFit
Longhorn Steakhouse
Starbucks
Outback Steakhouse
Chili's
On The Border
Five Guys
Seasons 52

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
54-00051-02-00005-02
Land Assessment
$217,500
Improvements Assessment
$242,500
Total Assessment
$460,000
  • Listing ID: 33071860

  • Date on Market: 9/5/2024

  • Last Updated:

  • Address: 223 Route 17, Rochelle Park, NJ 07662

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