670 Bergen Blvd
Premier Bergen County Office | High Upside | Owner-User or Investor Opportunity
Marketing description
Marcus & Millichap is pleased to exclusively present the opportunity to acquire 670 Bergen Boulevard, a fully leased 9,000 SF office building located in Ridgefield, NJ. This property offers a rare combination of near-term lease rollover and below-market rents, making it an ideal fit for both owner-users and value-add investors.
With 75%+ of leases expiring within approximately two years, the new owner will have maximum flexibility to either occupy the building themselves, re-lease at market rates, or reposition the asset entirely. Current in-place rents sit below market, presenting a clear path to grow NOI through rent resets and conversion to NNN lease structures upon rollover.
This dual-track opportunity is well-suited for owner-users seeking a modern headquarters in a prime Bergen County location or for investors looking to stabilize and create long-term income through strategic repositioning. The property's strong fundamentals, combined with its flexible rollover structure, provide a unique value proposition in today's market.
Investment highlights
- Near-Term Rollover = Maximum Flexibility - 75%+ of leases rolling in ~2 years, giving an owner-user or investor immediate control to occupy, re-lease, or reposition the asset.
- Below-Market Rents Drive Upside - In-place rents sit below market, creating a clear path to grow NOI through rent resets and conversion to NNN leases upon rollover.
- Dual-Track Buyer Appeal - Ideal for owner-users seeking a headquarters opportunity or value-add investors looking to stabilize and create long-term income.
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