Elizabeth, New Jersey, is a city that offers a unique blend of history, industry, and community, making it an attractive location for businesses looking to lease a Commercial Real Estate Property. With its rich history dating back to 1664, Elizabeth has evolved over the years to become a hub for industry, transportation, and commerce. The city's proximity to major transportation facilities, including the Port Newark-Elizabeth Marine Terminal and Newark Liberty International Airport, makes it an ideal location for businesses that rely on international trade and connections. Additionally, the city's diverse geography, with its mix of old and new architecture, provides a unique character to its various neighborhoods and districts, such as Midtown/Uptown, Bayway, and Downtown/Elizabethport. With attractions like The Mills At Jersey Gardens outlet mall, Loews Theater, and the Elizabeth Center, Elizabeth is a great place for business and travel, offering a range of amenities and activities that cater to different interests and needs.
When it comes to Commercial Real Estate Properties For Lease in Elizabeth, there are currently 69 listings available, offering a range of options for businesses looking to establish or expand their operations in the city. With an average annual rent of $24 USD per square foot, and sizes ranging from 143 square feet to 196,087 square feet, there are opportunities to suit different business needs and budgets. In addition to Commercial Real Estate Properties, Elizabeth also offers other property types, including Office Space, with its modern amenities and convenient locations; Coworking Space, ideal for startups and entrepreneurs; Retail Space, perfect for businesses looking to establish a strong presence in the city; and Industrial, suitable for companies that require large spaces for manufacturing and production.
What factors should I consider when leasing commercial real estate?
When leasing commercial real estate in Elizabeth, New Jersey, there are several key factors to consider, including:
- Location and accessibility, with proximity to major transportation hubs like the Port Newark-Elizabeth Marine Terminal and Newark Liberty International Airport, as well as major roads such as the New Jersey Turnpike and Routes 1 and 9, which can impact your business's visibility and operations.
- The type and size of the property, with options ranging from 21,870 square feet to 196,087 square feet, and average annual rent per square foot of $24 USD, which can affect your budget and business needs.
- The local economy and industry, with major sectors including transportation, retail, and petroleum refining, as well as the presence of large corporations like New England Motor Freight and Phillips 66, which can influence the demand for commercial space and the overall business environment.
How do I determine the right size and type of commercial property to rent for my business needs?
When searching for the right commercial property to rent in Elizabeth, New Jersey, it's essential to consider the specific needs of your business. You'll want to evaluate factors such as the number of employees, equipment requirements, and storage needs to determine the ideal square footage and property type.
- Currently, there are 69 available listings of commercial real estate for lease in Elizabeth, offering a range of options to suit various business needs.
- Properties vary in size, with an average size of 21,870 square feet and a maximum space size of 196,087 square feet, providing flexibility to accommodate different business requirements.
- Additionally, you'll want to consider the average annual rent per square foot, which is $24 USD, to ensure the property fits within your budget.
