For Lease
$18/SF/YR

696 Palisade AveTeaneck, NJ 07666

NJ Medical Office, Income Producing

Overview

Added:
Dec 11, 2024
Days on market:
124

Highlights

  • Exceptional Teaneck, NJ medical office building investment opportunity at 696 Palisade Avenue.
  • 4,400 SF building with a leased dental office generating $95,000 annual income (7 years remaining on lease with annual increases).
  • Lower level features 1,300 SF vacant space and 900 SF month-to-month tenancy.
  • Building features five dental treatment rooms, three lavatories, and ample space for private offices; 19 onsite parking spaces plus street parking.
  • $1,950,000 asking price; $110,000 gross annual income; $24,269 property taxes (2023).

Property Details for 696 Palisade Ave

Property type
Office properties, Medical offices
RSF (Rentable sq. ft)
4,400 SF

Unit(s) available at that property

Space
Size
2,200 SF
Rate per SF
$18

Location Insight

City
Teaneck
County
Bergen
State
New Jersey
Latitude
40.885760094886
Longitude
-74.020876614212
696 Palisade Ave, Teaneck, New Jersey
Leaflet | © OpenStreetMap contributors

FAQs

What type of property is this?
Office property - NJ Medical Office, Income Producing
Where is the office property located?
The property is located at 696 Palisade Ave Teaneck, NJ.
What is the lease rate?
The lease rate is $18/SF/YR.
What are key features of this property?
This property features: Exceptional Teaneck, NJ medical office building investment opportunity at 696 Palisade Avenue.; 4,400 SF building with a leased dental office generating $95,000 annual income (7 years remaining on lease with annual increases).; Lower level features 1,300 SF vacant space and 900 SF month-to-month tenancy.
How can I contact the broker?
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696 Palisade Ave
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