Paramus Retail

Paramus

Office Space Market Report

Number of Listings (last 90 days)
22
Median Rate ($/sqft/yr)
$35
Median Size (sqft)
3,160
As of: June 24, 2017

Paramus Rates

The typical asking rate per listing is in the $30's per square foot per year. The Paramus submarket is experiencing a an increase in rates. In the last 3 months, the median rate increased $35 per sqft per year.

Paramus Listing Supply

In the last 90 days, 22 listings have been listed, which means new listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 82% of the office spaces in the Paramus 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 posted, so finding a space for a small business might be tough.

Even though the median size is 3,160 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are close to 4 floors. Most buildings in this region were built in 1983 and are Class A.

Paramus Community

Market Report

Trends and status of the commercial real estate market in Paramus.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Paramus.
Research