Brand New to the Market! Premier Class "A" Medical Investment - Rare Trophy Asset in Paramus Forest Executive Center - 275-277 Forest Avenue, Paramus, NJ 07652 • +/- 45,900 SF Two Story Medical-Office Investment • The building is 100% occupied, which includes 7 Medical Office Tenants, a TD Bank with Drive Through & a Cell Tower. • Hackensack University Medical Center occupies 20,194 SF (44% of the building). • TD Bank has a drive thru and this location is the 2nd largest depository in the entire state of NJ. • Asking Price: $18,500,000.00 • All spaces are separately metered for utilities. • Zoning: Neighborhood Business (NB). Broad zoning includes Medical Office, Professional Office, & Retail. • Parking: 125 Surface Spaces. • The building has 2 elevators. • Year Built: 1965 The building has received various renovations over time. • The property is located at the corner-lighted intersection of Forest Avenue and Spring Valley Road. • Paramus Borough has a high concentration of retail and office developments in Route 4 and 17 corridors. These areas are among the most successful retail locations in the state and the nation. Paramus contains several large shopping malls including Westfield Garden State Plaza, Bergen Towne Center, Paramus Park, and The Fashion Center as well as smaller strip centers and standalone retail stores. The town is well served by the extensive network of major highways including Routes 4, 17 and 208, the Garden State Parkway and numerous county and other secondary roads. In addition, the Borough is serviced by local private bus service which provides access to New York City as well as New Jersey Transit bus service which provides access from the surrounding communities to the extensive retail destinations located along nearby highways • Foundation: Concrete • Building Frame: Masonry and steel • Exterior Walls: Concrete block • Roof Type / Material: Flat / Built-up composition Please reach out to Matt Miller for additional financial information. Email: matt@legacyrealynj.com Cell: 908-770-0686