Brand New to the Market! Premier Medical Office Investment.
351 Evelyn Street, Paramus, NJ 07652
• 19,402 SF Three Story Medical-Office Investment
• 87.3% Occupied - Ideal Opportunity for a User / Investor
• 2,450 SF Fit-Out Medical Space Available for User. (Former Orthopedic Practice).
• Asking Price: $4,350,000
• The building is currently 87.3% occupied with 4 Medical Tenants which include LasikPlus Eye Surgery Center, BAXT CosMedical Cosmetic and Medical Dermatology Laser
Surgery Center, Dr. Dayna Cassandra General & Cosmetic Dentistry, and Intervention Strategies International Mental Health.
• Zoning: Highway Corridor Commercial (HCC) Permitted uses include a wide variety of retail, service and office uses including medical offices and medical clinics.
• Parking: 90 covered, surface spaces. Parking Ratio: 4.7 / 1,000
• The building has 1 passenger elevator.
• Year Built: 1980. Renovated in 2023.
• The property is located right off heavily traveled Route 17.
• HVAC: Central A/C and Gas-fired forced air
• Foundation: Masonry Slab
• Exterior Walls / Framing: Structural steel with masonry and concrete encasement
• Roof: Flat roof with membrane
• Fire Protection: Wet sprinkler system
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
Please reach out to Matt Miller for additional financial information.
Email: matt@legacyrealynj.com
Cell: 908-770-0686