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2 W 9th Street 2 W 9th St 9,634 SF of Retail Space Available in Ocean City, NJ 08226
HIGHLIGHTS
- Gateway property to Ocean City – America’s #1 Family Town
- 15,386 VPD Stainton Memorial Causeway
- Flagship property located at the hard corner of 9th Street and Bay Avenue
- 8 miles of beaches; ±500 hotel rooms; 2.5 mile boardwalk
- Proposed “Icona in Wonderland” ($135M luxury 252-room hotel) expected to attract 1,000 new tourists every three days
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ste 2 W 9th Street | 9,634 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
Ste 2 W 9th Street
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.
SITE PLAN
PROPERTY FACTS
| Total Space Available | 9,634 SF | Gross Leasable Area | 9,634 SF |
| Property Type | Retail | Year Built | 1990 |
| Total Space Available | 9,634 SF |
| Property Type | Retail |
| Gross Leasable Area | 9,634 SF |
| Year Built | 1990 |
ABOUT THE PROPERTY
±9,634 SF available for lease (First Floor SF: ±7,647 SF, Second Floor: ±2,167 SF) • Prime Ocean City position • Strong pedestrian & vehicular traffic & visibility • Core tourism trade area • Surrounded by dense residential & short-term rentals • Walkable to beach & boardwalk • Convenient access & parking (frontage along 9th Street) • Favorable retail environment
NEARBY MAJOR RETAILERS
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2 W 9th Street | 2 W 9th St
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