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    10 Forest Ave Paramus, NJ 07652

    For Lease
    $24 SF/Yr

    Ground floor office suite, excellent location.

    Lot size:
    40,850 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional sublease opportunity presents a 2,459 square foot ground floor office suite within a three-story, 40,850 square foot Class B office building. Previously used as a physical therapy space, this versatile suite offers immediate occupancy and is ideally suited for a variety of businesses. The building features a convenient elevator and boasts excellent visibility and accessibility, with easy access to Routes 4 and 17. The strategic location offers proximity to major healthcare institutions, including Hackensack University Medical Center (2 miles), The Valley Hospital (6 miles), Englewood Health (6.3 miles), and St. Mary's Hospital (10 miles), making it an attractive option for businesses serving the medical community or those seeking a location with a strong workforce pool. The sublease term concludes on May 31, 2028. This is a single-tenant occupancy space, providing privacy and control. The building's size and amenities make it a practical and well-situated option for a growing business seeking a prominent location with convenient access to major roadways and essential services. Inquire today to learn more about this outstanding sublease opportunity.

    Property Features for 10 Forest Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    40,850 SF
    Class
    B
    Total Rate
    81700

    Building Details

    Stories
    3

    Unit(s) available at that property

    Space
    Size
    2,459 SF
    Rate per SF
    $24

    HighLights

    • Sublease opportunity: 2,459 SF ground floor suite in a 40,850 SF building.
    • Former physical therapy space.
    • Three‑story building with elevator.
    • Excellent visibility and access to Routes 4 and 17.
    • Close proximity to Hackensack University, The Valley Hospital, Englewood Health, and St. Mary's Hospital.
    • Lease term expires May 31, 2028.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Unlimited Reminders Software Company Hygge Healer Psychotherapist Lauren M. Pondelick, ... Physical Therapist J Millard Counseling, ... Psychotherapist Caprius Inc Medical Supply Store

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Paramus
    County
    Bergen
    State
    New Jersey
    Longitude
    -74.053400825882
    Latitude
    40.917985183963

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    FAQs

    What type of property is this?
    Office Property / Space - Ground floor office suite, excellent location.
    Where is this office property / space located?
    The property is located at 10 Forest Ave Paramus, NJ.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: Sublease opportunity: 2,459 SF ground floor suite in a 40,850 SF building.; Former physical therapy space.; Three-story building with elevator.
    Request Owner's contact information
    10 Forest Ave Paramus, NJ 07652
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    10 Forest Ave Paramus, NJ 07652
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