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SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,740 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 2nd Floor | 1,740 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
- Fully Built-Out as Standard Retail Space
- Can be combined with additional space(s) for up to 3,480 SF of adjacent space
2nd Floor
- Fully Built-Out as Standard Office
- Fits 5 - 14 People
- Can be combined with additional space(s) for up to 3,480 SF of adjacent space
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 10 PROSPECT ST, WESTFIELD, NJ 07090
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Ortho-Care
- Health Care
- 1
- Local
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Ortho-Care | Health Care | 1 | Local |
PROPERTY FACTS
| Total Space Available | 3,480 SF | Gross Leasable Area | 3,740 SF |
| Property Type | Retail | Year Built | 1910 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 0.57/1,000 SF |
| Total Space Available | 3,480 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 3,740 SF |
| Year Built | 1910 |
| Parking Ratio | 0.57/1,000 SF |
ABOUT THE PROPERTY
FOR LEASE: First Floor Retail/ Office Space in the Heart of Downtown Westfield. Located at the intersection of North Ave West and Prospect Street, the property is directly across from the Westfield Train station and a block from Central Ave. It is walking distance to all the shops, restaurants and amenities that Westfield has to offer. The property totals ±3,480 SF spread over two floors and has multiple entrances. As an added bonus, the property has two dedicated on-site parking spaces, with available street parking directly in front. Due to its prime location, the spaces lend themselves to a variety of Ideal Uses such as: First Floor: • Retail: Clothing, Convenience, Liquor, Boutique, etc. • Restaurants, Cafe’s, Bakery, etc. • Fitness: Pilates, Yoga Studio, Personal Training, etc. • Medical Office: Physical Therapy, Wellness Center, Eye Care, Orthopedics, Podiatry, etc. • Dental Office: General Dentistry, Orthodontics, Oral Surgery, Periodontics, etc. First Floor Features large visible windows and natural light, wide open customizable floorpan, several private offices, a lab/workroom and a rear storage room and bathroom. Asking Price: $40 PSF NNN Second Floor: • Professional Office: Law, Accounting, IT Staffing, IT Consulting, Architectural, Engineering, Graphic Design, Advertising, Real Estate, Title, etc. Second Floor Features three separate large offices, two bathrooms, beautiful hardwood floors and lots of natural light. Asking Price: $24 PSF Modified Gross This prime location in the center of Westfield will not last. Perfect for companies from NYC looking to relocate to Westfield. Easy access for commuters, employees or customers with access to the train directly across the street. Please call for more information or to schedule a showing of this fantastic property.
NEARBY MAJOR RETAILERS
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10 Prospect St
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