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Rite Aid 1 N New Prospect Rd 13,000 SF of Retail Space Available in Jackson, NJ 08527
HIGHLIGHTS
- Corner location with 130 feet of wraparound frontage
- Surrounded by strong residential neighborhoods with high homeownership
- National and local co-tenancy ensures steady traffic flow
- Drive-thru and generous on-site parking for customer convenience
- Immediate possession and flexible lease terms available
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 13,000 SF | Negotiable | $27.00 /SF/YR $2.25 /SF/MO $351,000 /YR $29,250 /MO | Modified Gross |
1st Floor
• Stand-alone building, former “Rite Aid” • Close proximity to residential neighborhood with strong home-ownership and stable demand for convenient retail services • Drive-thru and on-site parking • National and neighborhood-friendly co-tenancy • All uses considered Neighbors include: Romeo’s Pizza & Pasta, Super Nails, Jersey Mike’s, Pet Supplies Plus, Jackson Dance Center, Dollar Tree, Pizza Hut, Brooklyn Square Pizza
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Retail Space
- Space is an outparcel at this property
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 | 13,000 SF | Gross Leasable Area | 13,000 SF |
| Property Type | Retail | Year Built | 2007 |
| Total Space Available | 13,000 SF |
| Property Type | Retail |
| Gross Leasable Area | 13,000 SF |
| Year Built | 2007 |
ABOUT THE PROPERTY
Positioned at the high-visibility corner of North New Prospect and Aldrich Roads, this stand-alone retail property offers a prime opportunity in Jackson, NJ. Formerly occupied by Rite Aid, the building features a wraparound frontage of approximately 130 feet, ensuring exceptional exposure to both pedestrian and vehicular traffic. The site includes a drive-thru and ample on-site parking, making it ideal for a wide range of retail concepts seeking convenience and accessibility. Surrounded by a strong residential neighborhood with high homeownership rates, the location benefits from stable demand for essential retail services. Nearby co-tenants include national and regional brands such as Dollar Tree, Jersey Mike’s, Pet Supplies Plus, and Pizza Hut, creating a synergistic retail environment that attracts consistent foot traffic. With its strategic positioning, robust demographics, and versatile layout, this property is well-suited for retailers aiming to capitalize on Jackson’s growing market and convenient connectivity to major thoroughfares.
NEARBY MAJOR RETAILERS
CONTACTS
-
John Roesch -
Jessica Blocker -
Ashlyn Lorentz -
Griffin Hanes -
Meridian Retail Leasing
Presented by
Rite Aid | 1 N New Prospect Rd
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