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Office and Medical Spaces Available
For Lease
$20 SF/Yr

21 Grand Avenue S, Palisades Park, NJ 07650

Various office spaces and one medical office available for rent.

Space SizeContact for details
Days on Market731

Property Features for 21 Grand Avenue S

General Information

Standard status Active
Property subtype Office
Listing Agency: Young Star Realty, LLC
Listed By: Edward Kim
Source: Serhant
Added: Sep 9, 2024 Changed: Sep 8 Last Checked: Sep 9 at 6:15AM

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 Young Star Realty, LLC

Investment Insights

Based on property information with market context.

Multiple spaces are available, ranging in size from 288 square feet to 1808 square feet, with prices ranging from $20 to $35 per square foot on a gross lease basis. The property offers various office spaces and one medical office available for rent. A large restaurant space is also a possibility. The location features a large amount of parking and is situated right next to Route 46.

Key Highlights

  • Various office spaces and one medical office available.
  • Spaces range from 288 sqft to 1808 sqft.
  • Prices range from $20 to $35 per sqft.

Property Analytics

Current Use

US Jumbo Trading ... Distribution Center Alcomate Industrial Manufacturer LAFLARE NY INC Big Box & Wholesale Store Ace Paper Products ... Agricultural Supply Advanced Financial Services Financial Advisor

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Law Firm Garden Center Hotel & Motel Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

1,916
Businesses Nearby

Demographics for 07650, NJ

20,292
Population
7,612
Households
2.7
Avg Household Size
40
Median Age
54%
College-Educated
90%
High-School Grad
1.2 sq mi
ZIP Area
16,910
Density / Sq Mi
$101,295
Median Household Income
$50,817
Median Earnings
$1,976
Median Rent
$704,400
Median Home Value

Market

Lease Benchmarks for Palisades Park, NJ

$28.65 /SF/Yr
Avg Asking Price
$20–$40 /SF/Yr
Price Range
1,399 SF
Avg Space Size

This space is priced 30% below the average of $28.65 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Various office spaces and one medical office available for rent.
Where is this office units located?
The property is located at 21 Grand Avenue S Palisades Park, NJ.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Various office spaces and one medical office available.; Spaces range from 288 sqft to 1808 sqft.; Prices range from $20 to $35 per sqft.
More about this property
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