466 Chamberlain Ave # 490, Paterson, NJ for sale

Investment Overview

466-490 Chamberlain Avenue | Paterson, NJ - Institutional-Quality Retail Investment Opportunity RE/MAX Commercial is proud to present 466-490 Chamberlain Avenue, a rare opportunity to acquire a 100% occupied, income-producing neighborhood retail center anchored by a powerful mix of national and regional tenants including: DaVita Dialysis, Valley National Bank, Dunkin’ Drive-Thru, and Family Dollar. Positioned in the heart of Paterson, this approximately 27,076 SF retail center offers investors immediate stable cash flow with a highly diversified tenant roster spanning healthcare, banking, food service, and necessity retail—creating a uniquely resilient investment profile. This asset stands out as both Amazon Proof and Pandemic Proof due to its essential service-based tenancy. The center is anchored by DaVita Dialysis, a mission-critical medical operator with significant infrastructure investment and high renewal probability, alongside Valley National Bank, a long-established financial institution with a recently extended lease through 2031. Dunkin’, operating under a long-term 20-year lease with drive-thru service, provides daily high-volume traffic, while Family Dollar serves as a neighborhood necessity retailer offering consistent consumer demand. The lease structures are designed to provide strong expense recoveries, enhancing operational efficiency and reducing landlord exposure. This is a true defensive retail asset built to withstand e-commerce disruption and economic volatility, backed by long-term leases, strong tenant credit, and daily consumer dependency. This offering presents an ideal opportunity for 1031 exchange buyers, private investors, family offices, and net lease investors seeking stable income, long-term security, and durable tenant demand in a proven urban retail corridor.

Investment Highlights

• • 100% Occupied Retail Center
• • Strong Credit & Essential Service Tenancy
• • Long-Term Lease Stability
• • Built-In Rent Increases
• • Diversified Daily Traffic Drivers
• • Medical, Banking, Food Service & Necessity Retail
• • Highly Defensive “Amazon-Proof” Asset
• • Recession Resistant & Pandemic Resilient Cash Flow
• • Strong Infill Urban Location
• • Immediate Cash Flow with Future Upside