Updated Dec 4, 2024
Barnes & Noble Leases 35,000 SF Retail Space In Paramus, NJ With Marc Palestina Of The Goldstein Group
Building Size
35,000 SF
Asset Type
Retail
Closing
Jan 9, 2024
About this deal
AI
Barnes & Noble has opened a 35,000-square-foot store in Paramus, New Jersey, located at 765 Route 17 S. The new store occupies the space previously occupied by Big Lots.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Not available
- Square Footage: 35,000
- Address: 765 Route 17 South
- Market: Paramus
The lease negotiations for this property were managed by Marc Palestina of The Goldstein Group on behalf of Barnes & Noble.
Barnes & Noble Leases 35,000 SF Retail Space In Paramus, NJ With Marc Palestina Of The Goldstein Group is logged as a retail lease on Traded (2024). The building is 35,000 square feet, implying about 0 per square foot on the published price. Marc Palestina, James Daunt, The Goldstein Group appear on the lease alongside The Goldstein Group. This page is the market file for the Barnes & Noble Leases 35,000 SF Retail Space In Paramus, NJ With Marc Palestina Of The Goldstein Group retail leased: pricing, party profiles, and other closed retail comps from the same area sit in the Market section below. Cite this Barnes & Noble Leases 35,000 SF Retail Space In Paramus, NJ With Marc Palestina Of The Goldstein Group lease when underwriting similar retail product.
Players
Market Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
Loading comparables…
Deal FAQ
Browse New Jersey retail leases on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93