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10 Route 17 Listing Details & Market Data

10 Route 17 , Rutherford, NJ 07070

  • For Sale $10,600,000
  • Property Type Retail - Freestanding
  • Property Size 34,419 SF
  • Lot Size 1.65 Acre
  • Year Built 2004
  • Date Updated Nov 24, 2022
The subject is in commercial neighborhood along NJ Route 17 South. Meadow Road is a secondary thoroughfare that terminates south of the subject and becomes a merge lane onto NJ Route 17 South. Properties surrounding the subject generally consist of light commercial and residential uses. Rutherford is comprised mostly of single-family residential uses, with some office-retail development along Park Avenue. A Wendy's fast food restaurant is adjacent to the subject along its southern property line, and a Classic Car and Cycle store is adjacent to the northern property line. Properties along NJ Route 17 near the subject property are generally commercial in nature, including gas stations, automobile dealerships, fast food restaurants and various retail properties. Rutherford Memorial Park contains 30 acres of land dedicated to parks and recreation, which includes a football stadium, two baseball diamonds, tennis courts, basketball courts and playgrounds. The school district serves students pre-kindergarten through 12th grade. Two redevelopment projects have been halted in recent years. A proposal for 500 housing units on a 28-acre site at the intersection of Highland Cross and Veterans Boulevard reached an impasse in 2018 due to a zoning jurisdiction conflict between the redeveloper and the New Jersey Sports and Exposition Authority. The site was ultimately deemed unsuitable for housing. The other terminated redevelopment plan was between EnCap Golf Holdings and the New Jersey Meadowlands Commission in 2008.
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Location

  • Walk Score ® Very Walkable (73)
  • Transit Score ® Good Transit (56)
  • Bike Score ® Bikeable (57)
Powered by Walk Score ®
  • City Rutherford, NJ
  • Neighborhood Rutherford
  • Zip Code 07070
  • Market New Jersey

Points of Interest

Kingsland

1.30 miles

Lyndhurst

1.39 miles

Essex Street

4.58 miles

Holiday Taxi

4.86 miles

Kismet Limousine

5.84 miles

Montclair Heights

5.90 miles

Teaneck Taxi

6.30 miles

PATH Elevator

7.12 miles

Hoboken Terminal

7.17 miles

West Side Avenue

7.53 miles

Sunoco

3.17 miles

Exxon

3.26 miles

Citgo

4.34 miles

Delta

5.21 miles

Tesla Supercharger

5.46 miles

Exxon

5.47 miles

Mobil

5.72 miles

Delta

5.90 miles

Blink

7.07 miles

Shell

7.07 miles

Lot F

1.38 miles

Parking Deck D

3.43 miles

Lot 19

5.75 miles

Port Authority of New York and New Jersey

5.78 miles

NJPAC Lot A

6.72 miles

Ellipse Tower Garage

7.33 miles

Paterson Parking Authority Site 12 East

7.43 miles

Lot 2

7.45 miles

Parking Lot P11

7.51 miles

SP+ Parking

8.31 miles

Popeyes

0.10 miles

Ferazzoli's italian kitchen

1.16 miles

Wendy's

2.49 miles

Yellow Plum

4.54 miles

Popeyes

4.94 miles

Han Cook

5.40 miles

The Rocks

5.48 miles

Dunkin'

5.59 miles

Pa De Thai Restaurant

5.78 miles

Waterside Restaurant

5.86 miles

ShopRite

1.26 miles

Amazon Four-Star

1.82 miles

Target

1.88 miles

American Dream

1.89 miles

TJ Maxx

3.25 miles

Lasorpresa

5.19 miles

Marshalls

5.25 miles

Tower Plaza

5.36 miles

Lackawanna Plaza

6.01 miles

H-Mart

6.41 miles

Contacts

broker

Maggie Abdo-Manno, CCIM

Century 21 Semiao and Associates

(201) 892-9933

Highlights

  • • 34,419 SQFT of Retail Distribution center over 1.65 Acres of land.
  • • Is in Highway Commercial zoning district HC Zone. (Zoning details attached).
  • • Ceiling height 16’-20’
  • • Roof is Rubber, EPDM covering.
  • • Wet sprinkler System.
  • • Approximately 95 parking spots.
  • • Estimates Triple Net Lease $18- $25 Per Square foot Plus $69,000 Easement income.
  • • Asking Price based on 7% Capitalization Rate one Estimated potential income of $745,000
  • • Two Loading docks.

Contact Listing Broker

broker

Maggie Abdo-Manno, CCIM

Century 21 Semiao and Associates

(201) 892-9933

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