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Toranco Office Park - 3900 Park Avenue

Off-Market

3900 Park Avenue, Edison, NJ 08820

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  • Property Type Office - Medical Office
  • Property Size 26,274 SF
  • Lot Size 4.02 Acre
  • Parking Spaces Avail. 99
  • Parking Ratio 3.80/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 1963

Location

  • City Edison, NJ
  • Neighborhood Edison
  • Zip Code 08820
  • Market New Jersey

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 01 May, 1998
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Edison

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Edison Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $34.81
  • 2020 Office Vacancy Rate 18.26%
  • 2020 Office Completions (SF)
View more Edison market trends

Tax

Find more tax info, including assessment history and abatements, on CommercialEdge

Frequently Asked Questions

What is the total square footage of Toranco Office Park - 3900 Park Avenue?

Toranco Office Park - 3900 Park Avenue totals 26,274 square feet.

When was this property built?

Toranco Office Park - 3900 Park Avenue was built in 1963.

When was Toranco Office Park - 3900 Park Avenue last sold?

Toranco Office Park - 3900 Park Avenue was last sold on 01 May, 1998.

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