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1125 Prospect St 1,550 SF of Retail Space Available in Ewing, NJ 08638
Highlights
- Mixed Use - Retail and 2bdr apartment
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,550 SF | Negotiable | $32.68 CAD/SF/YR $2.72 CAD/SF/MO $50,657 CAD/YR $4,221 CAD/MO | Modified Gross |
1st Floor
Bright commercial storefront with high ceiling and easy access from North Olden Ave and traffic of approximately 10,000 cars per day passing. The property also includes a 2 bedroom apartment with kitchen and full bathroom, plus washer-dryer and clean, dry basement storage. Well maintained property with radiator heating, mix of vinyl and tile flooring and onsite parking. Rear yard has a garden that can be used to grow vegetables, flowers, etc. Lease can include both residential and commercial for the small business owner that wants to run their business in front and live in the apartment. Quiet residential street behind the property. Easy access to Olden Ave shopping and amenities.
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Retail Space
- Space is in Excellent Condition
- Central Air and Heating
- Private Restrooms
- High Ceilings
- Plug & Play
- Shower Facilities
- Basement
- 10,000 traffic count; mixed use - apartment includ
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 1,550 SF | Gross Leasable Area | 1,550 SF |
| Property Type | Retail | Year Built | 1931 |
| Property Subtype | Storefront Retail/Residential | Parking Ratio | 1.29/1,000 SF |
| Total Space Available | 1,550 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 1,550 SF |
| Year Built | 1931 |
| Parking Ratio | 1.29/1,000 SF |
About the Property
Bright commercial storefront with high ceiling and easy access from North Olden Ave and traffic of approximately 10,000 cars per day passing. The property also includes a 2 bedroom apartment with kitchen and full bathroom, plus washer-dryer and clean, dry basement storage. Well maintained property with radiator heating, mix of vinyl and tile flooring and onsite parking. Rear yard has a garden that can be used to grow vegetables, flowers, etc. Lease can include both residential and commercial for the small business owner that wants to run their business in front and live in the apartment. Quiet residential street behind the property. Easy access to Olden Ave shopping and amenities.
- Fenced Lot
- Air Conditioning
Nearby Major Retailers
Presented by
Pott Real Estate LLC
1125 Prospect St
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