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89 Main St 8,600 SF of Retail Space Available in Little Falls, NJ 07424
HIGHLIGHTS
- 1-story addition added to the rear that housed the ATM area.
- Corner signalized intersection formerly occupied by a Bank For Sale.
- Municipal parking lot located directly behind the site.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 8,600 SF | 5 Years | $13.96 CAD/SF/YR $1.16 CAD/SF/MO $120,049 CAD/YR $10,004 CAD/MO | Triple Net (NNN) |
1st Floor
8,700 sf of retail available immediately.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Bank
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 | 8,600 SF | Gross Leasable Area | 8,700 SF |
| Property Type | Retail | Year Built | 1921 |
| Property Subtype | Bank |
| Total Space Available | 8,600 SF |
| Property Type | Retail |
| Property Subtype | Bank |
| Gross Leasable Area | 8,700 SF |
| Year Built | 1921 |
ABOUT THE PROPERTY
(Liquor License Available). TAXES LOWERED TO $21,500. Magnificent, Architectural Gem and Landmark Building (Circa 1921-"Little Falls Bank") located in the Heart of Little Falls and on the busiest intersection in Town. Little Falls is a Small Village minutes to Essex Fells, North Caldwell, Caldwell, West Caldwell, Cedar Grove, Verona, Montclair, Glen Ridge, and Wayne and the Town is Laser Focused on a Strong and Sustainable Redevelopment Plan. Newly Built Municipal Parking Lot Adjacent to the Subject Property. Only 1 Block to the Little Falls Train Station. Nearby the Upper Montclair Train Stations. Many Hi End Completed Redevelopment Projects and Many More in Progress. Don't miss this rare opportunity to expand or Build Your Brand. Wonderful Opportunity to lease a Very Unique Space. Great Visibility and Great Location for Your Business or Your Office. Building has all New Mechanicals, HVAC, Electrical, Plumbing and Heating. Vanilla Box/or Can be built out at an additional cost. Uses ideas: Medical Office/Retail/Urgent Care/Tax Professional/Law Service Business/Daycare/Restaurant/Pet Grooming/Bakery, ETC. 800 TO 8,600. Square Feet. $15./Square Foot Triple Net Lease.
- Energy Star Labeled
NEARBY MAJOR RETAILERS
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89 Main St
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