NAI James E. Hanson on Monday announced it negotiated a lease for half an acre of land at 206 Van Riper Ave. in Elmwood Park.
In business for over 20 years, Five Star Towing is a towing and roadside assistance provider specializing in light-duty towing, recovery, auto repair and more. Looking to expand its already well-established business, Five Star was in search of a lot in a prime location to serve as both auto storage and parking. The company’s leadership recognized the exceptional accessibility of 206 Van Riper Ave. and jumped at the opportunity to utilize it for its automotive needs.
NAI Hanson’s Darren Lizzack, Randy Horning, and David Ukleja represented the tenant in the transaction with MFT Auction.
“Having worked with Five Star Towing in the past, we had a firm understanding of our client’s unique needs and were able to recognize the property’s potential for abundant storage space,” said Lizzack. “206 Van Riper Ave.’s adaptability and direct access to some of New Jersey’s most active roadways highlights our team’s ability to consistently help our clients find the right opportunities at the right time.”
Located on a highly desired backroad in the Route 46 Corridor submarket, the lot is situated nearby several of Bergen County’s most coveted industrial spaces. Sitting parallel to Interstate 80, 206 Van Riper Ave. offers easy access to some of New Jersey’s major roadways, including Route 46 and the Garden State Parkway.
In addition to its convenient location, this previously vacant lot offers ample space for vehicles and equipment alike, making it the perfect candidate for its intended use to house Five Star Towing’s fleet of vehicles.