For Sale
Call for price

45 Eisenhower DrParamus, NJ 07652

±175K SF Office, Bergen County, NJ

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional five-story, Class A office building, totaling approximately 175,149 square feet, sits on a nearly 10-acre lot in the thriving Paramus, New Jersey office market. Located at 45 Eisenhower Drive, this property boasts a 91.1% occupancy rate and offers 663 parking spaces. Its prime location provides easy access to major roadways including Route 17, the Garden State Parkway, and Route 4, ensuring convenient commutes for tenants. The building features a diverse tenant base across various sectors, including healthcare, finance, technology, law, and real estate, demonstrating strong tenant retention with an average tenancy of nearly 12 years and a weighted average lease term remaining of over 4 years. This presents a compelling investment opportunity, further enhanced by the possibility of assuming existing financing at a fixed interest rate of 4.75%, significantly below current market rates. The property's strong cash flow, coupled with its strategic location and impressive tenant roster, makes it an attractive asset for discerning investors seeking a stable and profitable investment in Northern New Jersey's dynamic office market. The building's substantial size and ample parking further contribute to its appeal.

Highlights

  • Assumable financing available.
  • Strategic location capitalizing on growth in healthcare and other key sectors.
  • 93.5% occupancy with diverse tenant mix in high-demand industries.
  • Excellent access to major roadways including Route 17, Garden State Parkway, and Route 4.

Property Details for 45 Eisenhower Dr

Property type
Office properties
Square Feet
175,149 SF
Buildings
1
Stories
5
Lot Size (sq. ft)
422,532 SF

Location Insight

City
Paramus
County
Bergen
State
New Jersey
Latitude
40.9296708
Longitude
-74.0755267
45 Eisenhower Dr, Paramus, New Jersey

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
45 Eisenhower Dr
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message