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Fort Lee Palisades Medical Arts Bldg 810 Abbott Blvd 19,614 SF 100% Leased Office Building Fort Lee, NJ 07024 $4,500,000 ($229.43/SF)
EXECUTIVE SUMMARY
Discover a prime opportunity in Fort Lee! Medical/professional building spanning over 20,000 square feet available for sale. This building provides plenty of parking via the municipal lot across the street and on the side of the building next to Chabad Fort Lee. The scarcity of medical buildings in Fort Lee can be attributed to the municipality's stringent parking requirements, which tend to be expensive and demanding. This gives the owner of the building strong value proposition for medical tenants.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
19,614 SF
Building Class
B
Year Built/Renovated
1966/2005
Price
$4,500,000
Price Per SF
$229.43
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
4,903 SF
Building FAR
1.68
Lot Size
0.27 AC
Zoning
C-2
Parking
10 Spaces (0.54 Spaces per 1,000 SF Leased)
Walk Score®
Very Walkable (83)
PROPERTY TAXES
| Parcel Number | 19-00552-0000-00018 | Improvements Assessment | $1,245,700 |
| Land Assessment | $1,335,800 | Total Assessment | $2,581,500 |
PROPERTY TAXES
Parcel Number
19-00552-0000-00018
Land Assessment
$1,335,800
Improvements Assessment
$1,245,700
Total Assessment
$2,581,500
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Fort Lee Palisades Medical Arts Bldg | 810 Abbott Blvd
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