Property profile

22-30 Palisade Ave Englewood, NJ 07631

OFF-MARKET
Lifestyle centers
21,007 SF
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Property summary

AI-generated overview

This exceptional retail opportunity is located at 22-30 W Palisade Ave in Englewood, Bergen County's vibrant downtown. The property, a mixed-use shopping center, offers a total of 21,007 square feet, with three spaces currently available for lease. Individual spaces range from a minimum of 2,000 square feet to a maximum contiguous space of 6,337 square feet. A significant 13,759 square feet is currently vacant, presenting a unique chance for expansion or multiple tenants. The building boasts a prime storefront location at a traffic light intersection, directly across from a ShopRite supermarket. This ensures high visibility and significant foot traffic, benefiting from its position on Englewood's premier retail block. The property's strategic location is further enhanced by its proximity to the Bergen Performing Arts Center (Bergen PAC), hosting over 200 events annually and attracting 250,000 visitors. Adding to the property's appeal are 188 residential units located directly above the Towne Centre, providing a built-in customer base. Ample parking is available with 106 spaces. The high traffic volume on Palisade Avenue (14,000 vehicles per day) guarantees substantial exposure for your business. This is an unparalleled opportunity to establish or expand your retail presence in a thriving, high-traffic area.

Property profile

Verified
Property type Lifestyle centers
Total area 21,007 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

22-30 Palisade Ave Englewood, NJ 07631
Englewood metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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