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323 Jefferson Ave 1,250 SF of Office/Retail Space Available in Elizabeth, NJ 07201


HIGHLIGHTS
- Heavy foot traffic
- Signage Opportunity
- Long lease opportunity
- Ideal for Franchise or National Tenant
- Accessible to Major Roads & Public Transportation
- Flexible Build-Out Potential
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,250 SF | Negotiable | $35.00 /SF/YR $2.92 /SF/MO $43,750 /YR $3,646 /MO | Modified Gross |
1st Floor
Street-level retail space ideal for franchise or national tenant. Open layout suitable for standard franchise build-out. High visibility with signage potential. Utilities in place. Basement/storage available. NNN or Modified Gross lease. Landlord open to tenant improvements and free rent for qualified tenants. Immediate occupancy.
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Retail Space
- Fits 4 - 10 People
- Space is in Excellent Condition
- Located in-line with other retail
- Open Layout – Flexible Build-Out
- Ideal for Franchise / National Tenant
- High Visibility & Signage Potential
- Utilities in Place (Electric, Gas, Water)
- Basement / Storage Available
- Close to Major Roads & Public Transportation
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 323 JEFFERSON AVE, ELIZABETH, NJ 07201
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Magnolia Supermarket
- Supermarket
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Magnolia Supermarket | Supermarket | 1 | - |
PROPERTY FACTS
| Total Space Available | 1,250 SF | Gross Leasable Area | 8,540 SF |
| Property Type | Retail | Year Built | 1911 |
| Property Subtype | Storefront Retail/Residential | Parking Ratio | 1.17/1,000 SF |
| Total Space Available | 1,250 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 8,540 SF |
| Year Built | 1911 |
| Parking Ratio | 1.17/1,000 SF |
ABOUT THE PROPERTY
Mixed-use commercial property featuring street-level retail space with strong visibility in Elizabeth, NJ. The building is located in a dense residential and commercial corridor and is well suited for franchise, retail, restaurant, service, or professional use. Convenient access to major roadways and public transportation. Ideal opportunity for national or franchise tenants seeking a long-term location.
NEARBY MAJOR RETAILERS
Presented by
Pof Elzabeth Realty LLC
323 Jefferson Ave
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