The typical asking rate per listing is in the $20's per square foot per year. The Paramus submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $10 per sqft per year. That's a 28% decrease in rent.
In the last 90 days, 160 listings have been made available, so you'll want to check back regularly for new listings. About 9% of the available space in the Paramus are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 7,270 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are approximately 4 stories. Most buildings in this region were built in 1983 and are Class A.
Real time and historical data on commercial real estate listings in Paramus.
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