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420 Grand Ave 15,940 SF 45% Leased Office Building Englewood, NJ 07631 $4,599,000 ($288.52/SF)



INVESTMENT HIGHLIGHTS
- Hard Corner Intersection; Visibility
- Light Industrial / Medical Use / Office
- Onsite Parking
EXECUTIVE SUMMARY
16,000 sf Medical/Office/Flex Space
8,800 sf Available located on the 2nd floor
Elevator Building
52 Parking Spaces onsite
Unique 2nd Floor space with high ceilings, direct walkout access to street/ramp/parking based on topography
Located in the LI (Light Industrial Zone of Englewood)
Corner Building right off the 4rt Exit Ramp (visibility from RT 4)
BUILDING / MONUMENT SIGNAGE POSSIBLE
RENDERINGS ARE FOR MARKETING PURPOSES ONLY - THESE ARE CONCEPTUAL DESIGNS FOR REFACING BUILDING & MINOR INTERIOR UPGRADES
8,800 sf Available located on the 2nd floor
Elevator Building
52 Parking Spaces onsite
Unique 2nd Floor space with high ceilings, direct walkout access to street/ramp/parking based on topography
Located in the LI (Light Industrial Zone of Englewood)
Corner Building right off the 4rt Exit Ramp (visibility from RT 4)
BUILDING / MONUMENT SIGNAGE POSSIBLE
RENDERINGS ARE FOR MARKETING PURPOSES ONLY - THESE ARE CONCEPTUAL DESIGNS FOR REFACING BUILDING & MINOR INTERIOR UPGRADES
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
15,940 SF
Building Class
B
Year Built/Renovated
1975/2011
Price
$4,599,000
Price Per SF
$288.52
Percent Leased
45%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
10,000 SF
Building FAR
0.32
Lot Size
1.16 AC
Opportunity Zone
Yes
Zoning
LI - Medical & Office are permitted uses along with:
*Research & Development; Wholesale Sales; Light Warehousing/Distribution...See attached zoning Descr.
Parking
52 Spaces (3.25 Spaces per 1,000 SF Leased)
AMENITIES
- Monument Signage
- Air Conditioning
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
2nd Floor Office/Medical Space...Utilities Direct (gas/electric/water) 2nd floor ceiling heights up to 12'. Building will be undergoing interior and exterior upgrades...Renderings will be completed shortly.
| Space | Size | Space Use | Condition | Available |
| 2nd Floor | 1,500-8,800 SF | Office/Medical | Shell Space | Now |
2nd Floor
| Size |
| 1,500-8,800 SF |
| Space Use |
| Office/Medical |
| Condition |
| Shell Space |
| Available |
| Now |
2nd Floor
| Size | 1,500-8,800 SF |
| Space Use | Office/Medical |
| Condition | Shell Space |
| Available | Now |
2nd Floor Office/Medical Space...Utilities Direct (gas/electric/water) 2nd floor ceiling heights up to 12'. Building will be undergoing interior and exterior upgrades...Renderings will be completed shortly.
PROPERTY TAXES
| Parcel Number | 15-02913-0000-00003 | Improvements Assessment | $1,163,700 |
| Land Assessment | $2,088,000 | Total Assessment | $3,251,700 |
PROPERTY TAXES
Parcel Number
15-02913-0000-00003
Land Assessment
$2,088,000
Improvements Assessment
$1,163,700
Total Assessment
$3,251,700
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420 Grand Ave
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