723 Rt-17
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723 Rt-17
11,783 SF 100% Leased Retail Building Paramus, NJ 07652 £5,023,844 (£426/SF) 6.50% Net Initial Yield
Executive Summary
Sale Price:
$6,404,615.38 based on a 6.5% cap rate.
$6,404,615.38 based on a 6.5% cap rate.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
11,783 SF
Building Class
C
Year Built
2000
Price
£5,023,844
Price Per SF
£426
Net Initial Yield
6.50%
NOI
£326,550
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.15
Land Acres
1.77 AC
Zoning
BIL
Parking
30 Spaces (2.55 Spaces per 1,000 SF Leased)
Frontage
181 ft on Rt-17
Amenities
- Bus Route
- Freeway Visibility
- Signage
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 46-06808-0000-00001 | Improvements Assessment | £983,710 |
| Land Assessment | £2,777,201 | Total Assessment | £3,760,910 |
PROPERTY TAXES
Parcel Number
46-06808-0000-00001
Land Assessment
£2,777,201
Improvements Assessment
£983,710
Total Assessment
£3,760,910
-
Power Broker Jerry Welkis -
Welco Realty Inc
(914) 576-7500
x303
1 of 6
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723 Rt-17
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