696 Palisade Ave
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696 Palisade Ave
4,400 SF 50% Leased Office Building Teaneck, NJ 07666 $2,739,126 CAD ($623 CAD/SF) 5.64% Cap Rate
Executive Summary
• Owner/User Property!
• Main Floor Dental Office - 2,200 SF Leased w/ 7 Years on Lease to Go at $95,000 Annual Rent & Increases
• Lower Level Has 2,200 SF
• 1,300 +/- SF is Vacant
• 900 +/- SF is Rented (month-to-month; can be vacant for user)
• Land-Zoned Office
• 3 (Three) Lavatories
• Main Floor Has 5 Dental Treatment Rooms
• Income Producing
• Two (2) Floors with Dental Office on Main Floor &
• Office on Lower Level
• Private Doctor’s Offices
• $110,000 +/- Gross Income a Year with Increases
• Plus Vacancy for Upside
• Parking: 19 Spots Onsite & Street Parking
• Taxes: $24,269 (2023)
• Main Floor Dental Office - 2,200 SF Leased w/ 7 Years on Lease to Go at $95,000 Annual Rent & Increases
• Lower Level Has 2,200 SF
• 1,300 +/- SF is Vacant
• 900 +/- SF is Rented (month-to-month; can be vacant for user)
• Land-Zoned Office
• 3 (Three) Lavatories
• Main Floor Has 5 Dental Treatment Rooms
• Income Producing
• Two (2) Floors with Dental Office on Main Floor &
• Office on Lower Level
• Private Doctor’s Offices
• $110,000 +/- Gross Income a Year with Increases
• Plus Vacancy for Upside
• Parking: 19 Spots Onsite & Street Parking
• Taxes: $24,269 (2023)
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
4,400 SF
Building Class
C
Year Built/Renovated
1930/1999
Price
$2,739,126 CAD
Price Per SF
$623 CAD
Cap Rate
5.64%
NOI
$154,515 CAD
Percent Leased
50%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,200 SF
Building FAR
0.39
Land Acres
0.26 AC
Zoning
B2 - Business
Parking
19 Spaces (4.32 Spaces per 1,000 SF Leased)
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Space | Size | Space Use | Condition | Available |
1st Floor | 1,300 SF | Office | - | Now |
1st Floor
Size |
1,300 SF |
Space Use |
Office |
Condition |
- |
Available |
Now |
1 of 1
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1st Floor
Size | 1,300 SF |
Space Use | Office |
Condition | - |
Available | Now |
1 of 1
Walk Score ®
Very Walkable (87)
PROPERTY TAXES
Parcel Number | 60-02507-0000-00003 | Improvements Assessment | $1,525,424 CAD |
Land Assessment | $748,067 CAD | Total Assessment | $2,273,491 CAD |
PROPERTY TAXES
Parcel Number
60-02507-0000-00003
Land Assessment
$748,067 CAD
Improvements Assessment
$1,525,424 CAD
Total Assessment
$2,273,491 CAD
1 of 4
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
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696 Palisade Ave
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