Mission-Critical Build Outs: Atlantic Health System occupy spaces with highly specialized, purpose-built improvements essential to their operations—underscoring long-term tenancy and costly relocation barriers.
Strategic Location: The property is situated near the crossroads of Route 17 (137,377 VPD) and the Garden State Parkway (94,623 VPD), offering high visibility and accessibility. It is also located near major retail centers such as Garden State Plaza and Bergen Town Center, further reinforcing the site’s strategic location and convenience for patients.
New York/Jersey City MSA: Located in Paramus, Bergen County, NJ—part of the New York-Newark-Jersey City MSA—one of the wealthiest and most populated regions in the United States with an average household income of $198,600 within 3 miles of the site.
Retail-Integrated Medical Use: The facility is located on a pad to Paramus Park Mall, a major regional shopping center, creating synergistic traffic with nearby retail anchors like Macy’s and Home Depot.
Institutional-Grade Credit: Atlantic Health System, which recently raised long-term debt rated “AA-” (Standard & Poor’s), provides institutional credit quality and long-term financial security at this location.
Surging Residential Pipeline: Over 2,300 new housing units are approved or proposed near the Property, including 519 units at Paramus Park and 1,856 units at Bergen Town Center and Garden State Plaza—driving future foot traffic and demand along the Route 4/17 corridor.
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