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Building 1 149 Pierce St 1,347 SF of Retail Space Available in Somerset, NJ 08873
Highlights
- High-visibility location at traffic-controlled intersection
- Surrounded by dense daytime population and office parks
- Ideal for boutique fitness, tutoring, wellness, medical, and personal services
- Less than 0.3 miles to Route 27 with direct access to I-287
- Strong co-tenancy with education, medical, dining, and service retailers
- High daily traffic counts along Pierce Street and Cedar Grove Lane
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,347 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
Seeking personal services, smoothie café, boutique fitness, tutoring services, music/art school, massage therapy, physical therapy or other retail or service use.
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air Conditioning
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 Building 1
- Tenant
- Description
- US Locations
- Reach
- Ichiban Japanese Restaurant
- Restaurant
- 1
- Local
- Live Urgent Care
- Health Care and Social Assistance
- 4
- Regional
- Majlis Coffee & Teahouse
- -
- 1
- -
- Stateside Tap & Tavern
- Restaurant
- 1
- -
- The Goddard School
- Daycare
- 765
- National
- Warrior Martial Arts LLC
- -
- 1
- -
| Tenant | Description | US Locations | Reach |
| Ichiban Japanese Restaurant | Restaurant | 1 | Local |
| Live Urgent Care | Health Care and Social Assistance | 4 | Regional |
| Majlis Coffee & Teahouse | - | 1 | - |
| Stateside Tap & Tavern | Restaurant | 1 | - |
| The Goddard School | Daycare | 765 | National |
| Warrior Martial Arts LLC | - | 1 | - |
Property Facts
| Total Space Available | 1,347 SF | Total Land Area | 3.30 AC |
| Property Type | Retail | Year Built | 2008 |
| Gross Leasable Area | 27,719 SF | Parking Ratio | 3.5/1,000 SF |
| Total Space Available | 1,347 SF |
| Property Type | Retail |
| Gross Leasable Area | 27,719 SF |
| Total Land Area | 3.30 AC |
| Year Built | 2008 |
| Parking Ratio | 3.5/1,000 SF |
About the Property
The property is a well-located neighborhood shopping center positioned at a signalized intersection in Somerset, NJ. It offers strong visibility and accessibility, fed by high traffic counts and a robust daytime population driven by surrounding office and commercial developments. Positioned less than a third of a mile from Route 27 with connectivity into I-287, the site benefits from regional accessibility and consistent local demand. The center’s co-tenancy mix creates a strong daily-needs draw, offering an appealing environment for service-oriented, medical, retail, and wellness operators.
Nearby Major Retailers
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Building 1 | 149 Pierce St
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