On average, listings lease in the $20's per square foot per year. The Oradell submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 10% decrease in rent.
In the last 90 days, 21 listings have come on the market, which means office spaces might be going fast. You'll want to be prepared to make an offer immediately. About 24% of the office spaces in the Oradell are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,580 sqft. Most properties in this market are close to 3 stories. Most buildings in this market were built in 1979 and are Class C.
Real time and historical data on commercial real estate listings in Oradell.
Get email notifications when new listings are posted that match your requirements.