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Milton Shopping Plaza 5716 Berkshire Valley Rd 1,140 - 3,640 SF of Space Available in Oak Ridge, NJ 07438
HIGHLIGHTS
- Anchored by Lakeland Bank Corporate HQ and Training Office
- Great location for office or retail
- United States Postal Service
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,500 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor | 1,140 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
2,500 sf of retail space available immediately.
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
1st Floor
1,140 sf of office/retail use space available immediately.
- Open Floor Plan Layout
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.
SELECT TENANTS AT MILTON SHOPPING PLAZA
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Evergreen Chinese Restaurant
- Restaurant
- 1
- Local
- Lox Stocked & Bageled
- Donut Shop
- 1
- Local
- Nick's Hope
- Retailer
- 1
- -
- Provident Bank
- Finance and Insurance
- -
- -
- T J's Pizzaria Cafe
- Restaurant
- 1
- Regional
- United States Postal Service
- Business/Copy/Postal Services
- 34,846
- National
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Evergreen Chinese Restaurant | Restaurant | 1 | Local |
| Lox Stocked & Bageled | Donut Shop | 1 | Local |
| Nick's Hope | Retailer | 1 | - |
| Provident Bank | Finance and Insurance | - | - |
| T J's Pizzaria Cafe | Restaurant | 1 | Regional |
| United States Postal Service | Business/Copy/Postal Services | 34,846 | National |
PROPERTY FACTS
| Total Space Available | 3,640 SF | Total Land Area | 11.00 AC |
| Property Type | Retail | Year Built/Renovated | 1965/1996 |
| Gross Leasable Area | 51,785 SF | Parking Ratio | 3.59/1,000 SF |
| Total Space Available | 3,640 SF |
| Property Type | Retail |
| Gross Leasable Area | 51,785 SF |
| Total Land Area | 11.00 AC |
| Year Built/Renovated | 1965/1996 |
| Parking Ratio | 3.59/1,000 SF |
ABOUT THE PROPERTY
56,000 SF shopping center located on Berkshire Valley Road in Oak Ridge, NJ. (Part of Jefferson Township, NJ) Approximately one mile off of Route 23 in Morris County, NJ. Suburban community with single-family homes and townhomes. Large townhouse community across the street. This property is located at the busy intersection of Berkshire Valley Road and Chamberlain Road. One-story shopping center with 10 tenant spaces. Anchored by Lakeland Bank Corporate HQ and Training Office and SNAP Fitness. Other tenants include USPS, bagel shop, pizzeria, and Chinese restaurant. GLA: 55,750 SF. Parking: 186 Spaces.
NEARBY MAJOR RETAILERS
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Milton Shopping Plaza | 5716 Berkshire Valley Rd
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