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HIGHLIGHTS
- High Traffic Residential Area
- Loading Zone
- Free Standing Building
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,966 SF | 5 Years | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor
Commercial Lease Opportunity in Union City Location: - Union City, NJ - Busy Residential Area - Under 20-Minute Commute to New York City Property Details: - Total Usable Space:Over 2,000 square ft - Main Floor: Approximately 1,661 square ft - Basement: Approximately 1,304 square ft - Prime Location: High traffic area, residential area - Previous Use: Formerly the True Value Hardware Store - Proximity: Located at the foot of a condominium building and across from a busy strip mall Flexible Options: - Dividable Space: The property can be divided into two retail spaces, making it ideal for multiple tenants or businesses. Ideal For: - Dispensary - Franchise - Retail Stores Lease Options: - Triple Net Lease:Tenant pays for property taxes, insurance, and maintenance in addition to rent. - Percentage Lease:Rent based on a percentage of sales, providing flexibility for businesses. Additional Information: - Ready for Build-Out: Property is ready for customization to fit your business needs. - Desirable Period: Flexible lease terms available.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air and Heating
- Private Restrooms
- Security System
- High Ceilings
- Secure Storage
- Recessed Lighting
- Basement
- Smoke Detector
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 | 2,966 SF | Gross Leasable Area | 3,680 SF |
| Property Type | Retail | Year Built | 2003 |
| Property Subtype | Storefront Retail/Residential |
| Total Space Available | 2,966 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 3,680 SF |
| Year Built | 2003 |
ABOUT THE PROPERTY
Commercial Lease Opportunity in Union City Location: - Union City, NJ - Busy Residential Area - Under 20-Minute Commute to New York City Property Details: - Total Usable Space:Over 2,000 square ft - Main Floor: Approximately 1,661 square ft - Basement: Approximately 1,304 square ft - Prime Location: High traffic area, residential area - Previous Use: Formerly the True Value Hardware Store - Proximity: Located at the foot of a condominium building and across from a busy strip mall Flexible Options: - Dividable Space: The property can be divided into two retail spaces, making it ideal for multiple tenants or businesses. Ideal For: - Dispensary - Franchise - Retail Stores Lease Options: - Triple Net Lease:Tenant pays for property taxes, insurance, and maintenance in addition to rent. - Percentage Lease:Rent based on a percentage of sales, providing flexibility for businesses. Additional Information: - Ready for Build-Out: Property is ready for customization to fit your business needs. - Desirable Period: Flexible lease terms available.
- Security System
- Signage
- Wheelchair Accessible
- Storage Space
- Air Conditioning
- Smoke Detector
NEARBY MAJOR RETAILERS
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Park Ave, Retail | 4415 Park Ave
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