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29201250
30085477

363 Old Hook Road, Westwood, NJ 07675

FS
NJ FL 0341146
Ripco Real Estate
SP
NJ, NJ 1223377
Ripco Real Estate
Listed by Ripco Real Estate
$2,575,000
85 days on market
Updated 5 days ago

Ideal 1031 Exchange Opportunity- Absolute NNN

Details
APN 2103/04
Property Type Retail, Office
Sub Type Medical Office, Freestanding
Square Footage 8,450
NOI $169,000
Occupancy 100%
Tenancy Single
Brand/Tenant DaVita
Lease Type Absolute NNN
Lease Term 25.1
Lease Expiration 09/30/2033
Remaining Term 7.2
Rent Bumps Yes
Lease Options Three 5-year options. Option 1 - $195,279; Option 2 - $209,898; Option 3 - $225,615
Year Built 1983
Buildings 1
Stories 1
Acreage 0.460
Zoning HSO - Hospital and related medical office functions
Parking Spaces 29 spaces
Parking per 1,000 SqFt 3.43
Investment Type Net Lease
Tenant Credit Credit Rated
Lease Commencement 09/04/2008

DaVita Dialysis property with an Absolute NNN lease in place

Marketing description

The Property is a freestanding, single-story retail/commercial building occupied by DaVita, Inc on an absolute NNN lease. Situated on approximately 0.46 acres along Old Hook Road, one of Westwood's primary commercial thoroughfares.

The site benefits from strong visibility, convenient access, and a surrounding trade area characterized by affluent residential neighborhoods and established retail and service uses. Located minutes from Westwood's downtown district and within close proximity to major regional roadways, the Property is well positioned to serve daily-needs retail, professional, medical, or service-oriented tenants.

363 Old Hook Road presents an attractive opportunity for an investor seeking a well-located Bergen County asset with upside potential due to undermarket rent in a supply-constrained market. Inquire with our exclusive brokers for additional information or to arrange a property inspection.

Investment highlights

  • Absolute NNN and stable cash flow
  • 8,450 SF DaVita Medical Facility
  • Freestanding, single-story retail/commercial building
  • Situated on approximately 0.46 acres along Old Hook Road
  • Strong visibility and convenient access
  • Affluent surrounding trade area
  • Located minutes from Westwood's downtown district and within close proximity to major regional roadways
  • Upside potential due to undermarket rent in a supply-constrained market

Listing Contacts

FS
NJ FL 0341146
Ripco Real Estate
SP
NJ, NJ 1223377
Ripco Real Estate
Listed by Ripco Real Estate

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$168,999.96
$14,083.33/mo

Valuation Metrics

0
DSCR
6.56%
Cap Rate
6.56%
ROI

Map

Zoning

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View all 14 uses
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Last updated Feb 3, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Florian Suserman
License
FL 0341146
Brokerage
Florian Ssuerman
Title
EVP
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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