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52-58 Broadway 650 SF of Retail Space Available in Passaic, NJ 07055
HIGHLIGHTS
- Prime location on Passaic’s lively Broadway corridor with strong visibility.
- Excellent connectivity via major roadways and public transportation.
- Surrounded by a mix of retail, dining, and local businesses in a vibrant district.
- Benefits from a diverse community and thriving local economy.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 650 SF | 1-10 Years | $66.09 CAD/SF/YR $5.51 CAD/SF/MO $42,959 CAD/YR $3,580 CAD/MO | Modified Gross |
1st Floor
Great retail space opportunity in a heavily trafficked area of Passaic.
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Retail Space
- Great visibility
- Heavily trafficked area
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 | 650 SF | Gross Leasable Area | 4,134 SF |
| Property Type | Retail | Year Built | 1940 |
| Property Subtype | Storefront |
| Total Space Available | 650 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 4,134 SF |
| Year Built | 1940 |
ABOUT THE PROPERTY
Located in the heart of Passaic’s vibrant Broadway corridor, this property offers excellent visibility and accessibility in a bustling commercial district. The area is known for its strong mix of retail, dining, and local businesses, creating a dynamic environment with steady foot traffic. Conveniently positioned near major roadways and public transportation, it provides easy connectivity to surrounding neighborhoods and regional hubs. The location benefits from a diverse community and a thriving local economy, making it ideal for businesses seeking a prominent presence in a well-traveled urban setting.
- Signage
NEARBY MAJOR RETAILERS
Presented by
Rafael Management
52-58 Broadway
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