Prime Retail Space on Palisade
For Lease
$4,875/Mo
11 E Palisade Ave, Englewood, NJ 07631
Updated retail space with bonus showroom in excellent location.
Space SizeContact for details
Days on Market150
Property Features for 11 E Palisade Ave
General Information
Standard status
Active
Listing Agency:
Bertelsen Realty & Management Company
(201) 772-4505
Listed By:
Nils Bertelsen
(201) 772-4505
Source:
Exprealty
Added: Apr 3
Changed: Aug 20
Last Checked: Aug 30 at 7:00PM
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 Bertelsen Realty & Management Company
Investment Insights
Based on property information with market context.
This retail store is located in a prime location on East Palisade Avenue. The property features approximately 1,300 square feet of updated first-floor retail space, with an additional bonus of approximately 600 square feet of second-floor space suitable for a showroom, retail, office, or storage. The second floor has a ceiling height of over 12 feet and ceramic wood plank tile flooring. A stairway to the second floor is located at the rear of the store. The base year for real estate taxes and water included in the rent is 2026. The tenant is responsible for a 15% annual real estate tax escalation increase each year over the base year 2026 real estate taxes thereafter. The store has its own heat and central air conditioning system, which was newly installed in 2022. The tenant pays for their own gas and electric usage via separate meters with PSE&G. A security deposit equal to three months' rent from the final year of the lease is required. The price of $45.00 per square foot applies only to the 1,300 square foot first-floor space; the 600 square foot second-floor space is considered a bonus. The property is available with 30 days' notice to the existing tenant.
Key Highlights
- Prime East Palisade Avenue location offers high visibility and foot traffic.
- +/- 1,300 square feet of updated 1st floor retail space.
- Bonus of +/-600 square feet of 2nd Floor showroom, retail, office or storage space with 12'+ ceiling height.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$4.62 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,838
Businesses Nearby
197k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 40%
Dining 30%
Shops & Services 26%
Electronics 4%
ShopRite
Groceries
77,809 visits/mo
0.3 miles
McDonald's
Dining
13,634 visits/mo
0.2 miles
Starbucks
Dining
10,878 visits/mo
0.1 miles
Chipotle Mexican Grill
Dining
10,747 visits/mo
0.2 miles
IHOP
Dining
10,588 visits/mo
0.4 miles
Demographics for 07631, NJ
29,308
Population
12,047
Households
2.4
Avg Household Size
40
Median Age
46%
College-Educated
90%
High-School Grad
4.9 sq mi
ZIP Area
5,981
Density / Sq Mi
$101,398
Median Household Income
$53,056
Median Earnings
$1,925
Median Rent
$497,500
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Retail space - Updated retail space with bonus showroom in excellent location.
Where is this retail space located?
The property is located at 11 E Palisade Ave Englewood, NJ.
What is the lease rate?
The lease rate is $4,875/Mo.
What are key features of this property?
This property features: Prime East Palisade Avenue location offers high visibility and foot traffic.; +/- 1,300 square feet of updated 1st floor retail space.; Bonus of +/-600 square feet of 2nd Floor showroom, retail, office or storage space with 12'+ ceiling height.
