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Paramus Starbucks property changes hands on Route 17


Retail property sold
The Goldstein Group brokered the sale of a Starbucks-occupied retail property at 177 Route 17 South in ParamusGoldstein Group

A local investor has sold the retail site of a drive-thru Starbucks location on Route 17 in Paramus, according to a recently completed deal by The Goldstein Group.

Lew Finkelstein, CJ Huter and Marc Palestina represented both R.G. Kenlin Co., the seller, and O & J Properties, the buyer, in the investment property transaction.

“The sale of 177 Route 17 South underscores the continued investor demand for well-located retail assets in premier New Jersey markets,” Neil Goldstein said in a statement.

He also said Paramus remains a highly sought-after location for retailers and investors alike due to its unparalleled traffic counts, strong tenant performance, and long-term market fundamentals.

The Advance Local Express Desk uses AI tools to assist in producing content, which is reviewed and edited by staff. Advance Local is the parent company of AL.com, Cleveland.com, lehighvalleylive.com,…



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