7 Broad Ave - Office FOR SALE


Palisades Park, NJ 07650
$22,000,000 USD
201-362-6003
7 Broad Ave, Palisades Park, NJ for Sale
$22,000,000 USD
Office - FOR SALE
1/6
null | 5% Cap Rate

NEW


7 Broad Ave
Palisades Park, NJ 07650


HIGHLIGHTS

  • The Pine Plaza stands as a proud landmark in the Town of Palisades Park

OVERVIEW

Please don’t miss this exceptional mixed-use commercial building—an outstanding opportunity in one of the busiest shopping center and offices as a landmark in Palisades Park area. This newly constructed 4-story building (with 4 additional lower levels) offers flexible retail and commercial space designed for maximum visibility and functionality. Each floor provides 12,500 SF of retail space, and the 4th floor features an impressive 11,000 SF banquet hall ideal for large events and corporate functions. Current tenants include: Medical offices, Restaurants, Cafe ,Cosmetics & jewelry retailers, Pharmacy and Physical therapy center and others The property consists of 48,500 SF of rentable space, plus 56,000 SF of dedicated parking, featuring 139 parking spots located directly under the building, supported by a steel-and-concrete structure with 2 elevators and 3 stairways. Situated minutes from Highway 80, 95, 46, 1 & 9, and only 2 minutes from the George Washington Bridge, this location offers unmatched convenience. A planned train station to Manhattan is just a few blocks away,

FOR SALE DETAILS

PRICE

$22,000,000 USD

PRICE/SF

$567 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Pine Plaza

PROPERTY TYPE

Office

ADD'L SUBTYPES

Fast Food, Restaurant, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

A

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

139

LAND DETAILS

LAND ACRES

0.39 AC

LAND SF

16,988 SF

ZONING

AA

APN/PARCEL ID

45-00626-0000-00004

ASK ABOUT THIS PROPERTY

Derek ParkC Land RealtyMore Info
201-362-6003

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Derek ParkC Land RealtyMore Info
201-362-6003

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.