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HIGHLIGHTS
- Surrounded by strong national retailers including Dunkin’, Wawa, and Walgreens.
- Located in a high-income trade area with $127,887 median household income.
- Excellent regional access via I-80 and I-287.
- Prime location on State Route 23 with 72,000 vehicles per day.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 2nd Floor | 3,127 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable |
2nd Floor
- Fully Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- Space is in Excellent Condition
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 | 3,127 SF | Total Land Area | 5.20 AC |
| Property Type | Retail | Year Built | 2010 |
| Property Subtype | Restaurant | Parking Ratio | 4.17/1,000 SF |
| Gross Leasable Area | 96,000 SF |
| Total Space Available | 3,127 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 96,000 SF |
| Total Land Area | 5.20 AC |
| Year Built | 2010 |
| Parking Ratio | 4.17/1,000 SF |
ABOUT THE PROPERTY
Gurland Pavilion offers a prime leasing opportunity in the heart of Wayne, NJ, a thriving community within the Northern New Jersey retail corridor and part of the New York Metro area. This 3,100 SF second-floor space, formerly configured as office space, is ideal for professional services or businesses seeking a highly visible and accessible location. The property sits at a signalized intersection along State Route 23, which boasts an impressive traffic count of over 72,000 vehicles per day, ensuring exceptional exposure for tenants. The center features over 400 parking spaces, providing ample convenience for customers and employees. Current co-tenants include nationally recognized brands such as Dunkin’, Wawa, Walgreens, Harbor Freight, and Baskin Robbins, creating strong foot traffic and a dynamic retail environment. Nearby amenities include fitness centers, urgent care facilities, and a wide range of dining and shopping options, making this location a hub for daily needs and lifestyle services.
NEARBY MAJOR RETAILERS
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Gurland Pavilion | 1471-1491 State Route 23
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