HACKENSACK, NJ-NAI James E. Hanson has been named the exclusive sales agent for 12-01 River Road, a corner retail site in Fair Lawn, NJ. The two-level 2,307-square foot building, a former bank building, consists of a 1,661-square foot ground floor and 646-square foot basement. It is unoccupied.
The 0.39-acre property has 12 parking spaces and a drive-through. NAI James E. Hanson associate VP Darren M. Lizzack is marketing the property on behalf of the owners, Mary Lou Riccardi and the Estate of Elizabeth Van Dyke.
"The drive-thru and corner location make this space ideal for a bank operation, but there is great flexibility with the site that lends itself to a myriad of other retail uses as well," Lizzack says. "With more than half a million people, with a high average household income, living within a five-mile radius, this property is an extremely attractive opportunity."
The asking price for the building, built in 1976, was $550,000, or $238.40 per square foot in March, according to LoopNet.
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