25-15 Fair Lawn AveFair Lawn, NJ 07410

Property Details for 25-15 Fair Lawn Ave

Year built

1975

Lot size

0.60 AC

Property size (Sq ft)

12,052 SF

Property type

Medical offices

Property subtype

Medical centers

APN

17 03709-0000-00002

APU

1703709000000002

Description

This exceptional 2,200 square foot medical office suite in Fair Lawn, NJ, is available for lease at $4,700 per month gross. Located at 25-15 Fair Lawn Ave, 07410, this ground-floor space is situated in a modern, well-maintained medical building, offering convenient access to major roadways like Routes 208 and 17, and the Radburn Train Station. The suite boasts eight fully equipped medical treatment rooms, each with its own sink, a patient/guest bathroom, two doctor's offices, and a reception/waiting area. The gross lease includes taxes, maintenance, and utilities (electric, gas, and water). Ample on-site parking is available. The owner is willing to subdivide the space into smaller units (minimum 1,000 sq ft, maximum contiguous 2,200 sq ft) to accommodate various needs. The total building size is 12,052 square feet, and the currently vacant space is 2,200 square feet. This move-in ready space is ideally located in the heart of Fair Lawn, surrounded by other medical facilities, making it a highly desirable location for medical practices. The property is in Bergen County.

• CAP approach

  CAP return

  Valuation

  6%

  $1,992,556

  6.5%

  $1,839,282

  7%

  $1,707,905

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,574,714

  Geo Method

  $1,574,714

• Alternative Use

  Use

  Valuation

  Residential

  $2,280,710

  Hospitality

  $2,089,118

  Educational

  $1,738,122

  Medical

  $1,797,898

  Retail

  $2,703,745

Location Insight

City

Fair Lawn

County

Bergen

State

New Jersey

Latitude

40.9404

Longitude

-74.1177

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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