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1414 NEW YORK Ave 1,000 SF of Retail Space Available in Union City, NJ 07087
HIGHLIGHTS
- Turnkey Cafe or Coffee Shop, Excellent Wide Corner, New Construction, HIgh Traffic, 6 Schools in the Neighborhood and across the street.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 1,000 SF | 12’ | 3 Years | $66.97 CAD/SF/YR $5.58 CAD/SF/MO $66,970 CAD/YR $5,581 CAD/MO | Triple Net (NNN) |
1st Floor
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Specialty Space
- Space is in Excellent Condition
- Central Air and Heating
- Private Restrooms
- Closed Circuit Television Monitoring (CCTV)
- Corner Space
- High Ceilings
- Emergency Lighting
- Plug & Play
- After Hours HVAC Available
- Finished Ceilings: 12’
- Smoke Detector
- Wheelchair Accessible
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 | 1,000 SF | Gross Leasable Area | 4,500 SF |
| Property Type | Retail | Year Built | 2021 |
| Property Subtype | Storefront Retail/Residential | Parking Ratio | 0.44/1,000 SF |
| Total Space Available | 1,000 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 4,500 SF |
| Year Built | 2021 |
| Parking Ratio | 0.44/1,000 SF |
ABOUT THE PROPERTY
Newly constructed modern mixed-use corner building with amazing Retail Space on a wide two-way street in front of Colin Powell Middle School and 6 other private and public Union City schools within a 5 block radius. TURN KEY completely built-out deli/cafe/ restaurant/bakery/etc, with new kitchen, vent, grill, 3 door refrigerator, freezer storage, and much more. Space consists of all glass, high 14" foot ceilings, with high visibility traffic great opportunity for many food-related businesses. Looking for a strong candidate with a proven track record or a private company with prior existing locations. The available space is 1,100 SF. Schools are open making this a very busy and attractive corner. Great for Pizzeria, cafe, deli, donut shop, fast food, etc. Call for more information on this great space.
- Corner Lot
- Security System
- Signage
- Tenant Controlled HVAC
- Air Conditioning
- Fiber Optic Internet
- Smoke Detector
NEARBY MAJOR RETAILERS
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1414 NEW YORK Ave
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