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Olive Garden Strip Center 271 US Highway 22 2,000 - 6,000 SF of Retail Space Available in Springfield, NJ 07081
Highlights
- 'FORMER HUNTINGTON LEARNING CENTER'
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,000 SF | 5 Years | $25.00 /SF/YR $2.08 /SF/MO $50,000 /YR $4,167 /MO | Triple Net (NNN) | ||
| 1st Floor | 4,000 SF | 10 Years | $25.00 /SF/YR $2.08 /SF/MO $100,000 /YR $8,333 /MO | Triple Net (NNN) |
1st Floor
Exceptional Highway Retail location on the Miracle Mile Route 22 East in Springfield NJ. Perfect location for a Restaurant or Retail Designer Store. INLINE 2000 SF JUST STEOPS FROM THE ALWAYS BUSY NJ MOTOR VEHICLE AGENCY. PARKING FOR OVER 300 CARS Join Olive Garden, NJ DIVISION OF MOTOR VEHICLES, ONCE UPON A CHILD, Pearl Vision plus mor Pylon Sign, MAX Visibility, 4 curb cuts. Adjoining tenants: Goldfish, Olive Garden, Leslie Pools, NJ Motor Vehicles, Soho Design
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Perfect for any Retailer or Service Provider
1st Floor
Exceptional Highway Retail location on the Miracle Mile Route 22 East in Springfield NJ. Perfect location for a Restaurant or Retail Designer Store. INLINE 4000 SF JUST STEPS FROM THE ALWAYS BUSY NJ MOTOR VEHICLE AGENCY. PARKING FOR OVER 300 CARS Join Olive Garden, NJ DIVISION OF MOTOR VEHICLES, ONCE UPON A CHILD, Pearl Vision plus mor
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail 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.
Property Facts
| Total Space Available | 6,000 SF | Gross Leasable Area | 165,000 SF |
| Property Type | Retail | Year Built/Renovated | 1969/2000 |
| Property Subtype | Freestanding | Parking Ratio | 1.21/1,000 SF |
| Total Space Available | 6,000 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 165,000 SF |
| Year Built/Renovated | 1969/2000 |
| Parking Ratio | 1.21/1,000 SF |
About the Property
Exceptional Highway Retail location on the Miracle Mile Route 22 East in Springfield NJ. LAST STORE 2000 SF 'FORMER HUNTINGTON LEARNING CENTER' IN LINE 2000 SF JUST STEPS FROM THE ALWAYS BUSY NJ MOTOR VEHICLE AGENCY. PARKING FOR OVER 300 CARS Join Olive Garden, NJ DIVISION OF MOTOR VEHICLES, ONCE UPON A CHILD, Pearl Vision plus more.
- Freeway Visibility
Nearby Major Retailers
Presented by
Olive Garden Strip Center | 271 US Highway 22
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