Corner Office
For Sale
Contact for pricing
1 Lethbridge Plaza #31, Mahwah, NJ 07430
Second-floor workspace with three private offices, a break room, and an adaptable open area.
Property Size3,422 SF
Price / SF$2.00
Days on Market49
Property Features for 1 Lethbridge Plaza #31
General Information
Standard status
Active
Size
3,422 SF
Property subtype
Commercial
Additional Details
Floor
2
Highway Access
Yes
Listing Agency:
Re/Max Premier
(908) 872-5473
Listed By:
The Campusano Group
(646) 469-7874
Source:
Thecampusanogroup
Added: Sep 9
Changed: Oct 27
Last Checked: Oct 26 at 3:33PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Re/Max Premier
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Investment Insights
Based on property information with market context.
This 3,422-square-foot corner office suite occupies the second floor at One Lethbridge Plaza. Its layout combines three private offices, a dedicated break room, and a substantial open area that can accommodate varied business configurations. Multiple exposures bring natural light throughout the space, while the overall arrangement supports both private work and collaborative functions.
The property is located at 1 Lethbridge Plaza in Mahwah, near Route 287 and the NYS Thruway. The professional complex includes modern amenities and a layout designed for straightforward circulation. Lease terms include a modified gross structure, utilities in the base rent, and a 3+ year term. The suite is available for January 2027.
The property is located at 1 Lethbridge Plaza in Mahwah, near Route 287 and the NYS Thruway. The professional complex includes modern amenities and a layout designed for straightforward circulation. Lease terms include a modified gross structure, utilities in the base rent, and a 3+ year term. The suite is available for January 2027.
Key Highlights
- 3,422 SF second‑floor corner office suite
- Three private offices plus a dedicated break room
- Large open area supports flexible workspace layouts
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$52,357
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,047,140
$1.0M
Cap Rate 7%
$747,957
$748.0K
Cap Rate 9%
$581,744
$581.7K
Market Conditions
NOI Build-Up for 3,422 SF
Gross rent
$102.7K $30.00/SF
− Vacancy
−$32.9K −$9.60/SF
EGI
$69.8K $20.40/SF
− OpEx
−$17.5K −$5.10/SF
NOI
$52.4K $15.30/SF
Area
Bergen County, NJ
Vacancy
32.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,047,140
Cap Rate 7%
$747,957
Cap Rate 9%
$581,744
Alternative Uses
Best Use
Office B
$748.0K
$654.5K – $872.6K
NOI $52,357 @ 7.0% cap · market cap 765.01%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$893.6K
$781.9K – $1.04M
NOI $62,549 @ 7.0% cap · market cap 913.92%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
600
Businesses Nearby
Explore this area
Business Placement
Demographics for 07430, NJ
25,487
Population
10,058
Households
2.5
Avg Household Size
45
Median Age
60%
College-Educated
96%
High-School Grad
25.4 sq mi
ZIP Area
1,003
Density / Sq Mi
$128,125
Median Household Income
$59,767
Median Earnings
$2,301
Median Rent
$590,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Second-floor workspace with three private offices, a break room, and an adaptable open area.
Where is this office unit located?
The property is located at 1 Lethbridge Plaza #31 Mahwah, NJ.
What are key features of this property?
This property features: 3,422 SF second‑floor corner office suite; Three private offices plus a dedicated break room; Large open area supports flexible workspace layouts
