17-01 BroadwayFair Lawn, NJ 07410

  • Retail properties
  • 15,524 SF
For Lease
$30/SF/YR View listing

Property Details for 17-01 Broadway

Year built
1954
Lot size
0.92 AC
Property size (Sq ft)
15,524 SF
Property type
Retail properties
Property subtype
Super regional malls
APN
17 04305-0000-00019
APU
1704305000000019

Description

This exceptional 2,455-square-foot retail space is ideally situated on Broadway in Fair Lawn, New Jersey. The property boasts a highly visible end-cap location within a neighborhood strip center, offering excellent signage opportunities and ample parking for customers. The single-story building is zoned for retail use and presents a blank canvas for a variety of businesses. Previously occupied by a dry cleaner, this space is entirely vacant and ready for immediate occupancy. The property features a total building area of 2,455 square feet, all of which is currently available. The address is 17-01 Broadway, Fair Lawn, NJ 07410, located in Bergen County. The Assessor's Parcel Number (APN) is 021704305 00019. Landlord is seeking a gross lease agreement at a rate of $30 per square foot, with tenants responsible for utilities. This presents a fantastic opportunity for a business seeking high visibility and convenient access in a thriving Fair Lawn community. The property's single-tenant configuration offers flexibility and control. Don't miss this chance to establish your business in this prime retail location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,772,874
    6.5%
    $3,482,653
    7%
    $3,233,892
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,111,482
    Geo Method
    $5,111,482
  • Alternative Use

    Use
    Valuation
    Residential
    $2,937,748
    Hospitality
    $2,690,961
    Educational
    $2,238,848
    Medical
    $2,315,846
    Retail
    $3,482,653
17-01 Broadway, Fair Lawn, New Jersey

Location Insight

City
Fair Lawn
County
Bergen
State
New Jersey
Latitude
40.9218
Longitude
-74.1171
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$86,170
$1,346,400
$1,091,900
$2,438,300
-
$1,346,400
$1,091,900
$2,438,300

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