95 CHESTNUT RIDGE RD Montvale NJ 07645-1891

Colliers has been retained as the exclusive advisor for the 100% fee simple interest sale of 95 Chestnut Ridge Road, Montvale, Bergen County, NJ (“the Property”). 95 Chestnut Ridge Road is a multi-tenanted Office property that measures +/- 47,700 SF. The asset currently houses two tenants on the second floor and two vacant floors (which were previously occupied by the current ownership group). 95 Chestnut Ridge Road is situated on +/- 4.12 acres of tree lined property. The free-standing building is located on the East bound side of Chestnut Ridge Road (abutting the Garden State Parkway) and contains +/- 221 of on-site surface parking spaces. The lower level also has ample space available to create a fitness center, common area conferencing center, lab space or a shared café for the tenants in the building. Located within the Upper Parkway Office Submarket, 95 Chestnut Ridge Road has convenient access to the Garden State Parkway as well as being located just 2.5 miles from the NJ Transit Pascack Valley Train Station.

95 Chestnut Ridge Road has undergone major renovations and improvements since the owner has purchased the building resulting in a unique offering for user/buyers and investors in the market. Some of the features of the building include, the beautifully appointed lobby, meticulously landscaped environment both inside and outside of the building. In addition, the HVAC system, roof, fire suppression, and on-site generator have recently been upgraded as well. These institutional quality improvements will greatly minimize out-of-pocket expenses for new ownership.

95 Chestnut Ridge Road has an array of local amenities that create a high demand for tenants or owners seeking a strategic location. There are several premier retail stores, restaurants, and hotels nearby. Additionally, the proximity to Routes 17, 4, 80, 287, The Palisades Parkway, The Garden State Parkway and The New Jersey Turnpike along with ease of access to commuter bus and rail lines make the property’s location ideal.

Ideal User or Investor Property
+/- 47,700 SF three (3) stories of office space
Institutionally maintained
+/- 221 On-site parking spaces
Immediate access to the Garden State Parkway