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1747 Springfield Ave 5,000 SF of Retail Space Available in Maplewood, NJ 07040
HIGHLIGHTS
- Approx 5,000 Sq Ft corner property on busy Springfield Ave in Maplewood.Good fro all kinds or retail and schools.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 5,000 SF | 12’ | 5-8 Years | $17.00 /SF/YR $1.42 /SF/MO $85,000 /YR $7,083 /MO | Triple Net (NNN) |
1st Floor
Retail, Office, Warehouse combined. Located on Maplewood busy Springfield Ave. Corner of Springfield Ave and Wellesley Street. High visibility and accessibility. Short drive to Maplewood downtown, Mulburn, Irvington and Union and neighbors with a mix of diverse businesses. Previous tenants were Hardware store, Washintgon Mutual Bank, Liquor wholesaler, and Dance School. Complete renovation in 2006 with all new electrical, plumbing, all the walls and roofing. The location is zoned Highway Business which means you can do almost all kinds of business that needs high ceiling, open space and visibility. Tax for 2024 is approximately $23,000, Insurance about $3,000. NNN Lease for min 5 years with option to renew. Single tenant only and subleasing is possible with owner's permission. Required from Tenant: Credit score, Proof of income and rent payments, business financial statement and interview. Commission to be paid by tenant and landlord.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Bank
- Space is in Excellent Condition
- Central Air and Heating
- Finished Ceilings: 12’
- Smoke Detector
- high traffic area
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 | 5,000 SF | Gross Leasable Area | 5,000 SF |
| Property Type | Retail | Year Built/Renovated | 1960/2005 |
| Property Subtype | Day Care Center | Parking Ratio | 1.51/1,000 SF |
| Total Space Available | 5,000 SF |
| Property Type | Retail |
| Property Subtype | Day Care Center |
| Gross Leasable Area | 5,000 SF |
| Year Built/Renovated | 1960/2005 |
| Parking Ratio | 1.51/1,000 SF |
ABOUT THE PROPERTY
Approx 5,000 Sq Ft corner property on busy Springfield Ave in Maplewood. It was a bank branch location and now a Dance school. Renovated entirely in 2010 with high ceiling, open space. file floor. boy and girl baths and a kitchennette. Good for business like retail, school, training center, healthcare, daycare, Gym,etc. Single tenant only. Minutes from Route 78, Mulburn, Union and Irvington. Call listing broker for details and showing.
- Bus Line
- Freeway Visibility
- Signage
- Air Conditioning
NEARBY MAJOR RETAILERS
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1747 Springfield Ave
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