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56 Park Ave 2,000 SF of Industrial Space Available in Summit, NJ 07901
HIGHLIGHTS
- 2,000 Sq Ft Industrial Space: Located in Summit, NJ’s prime industrial zone.
- Flexible Layout: Maximizes space for various business needs.
- Versatile Use: Perfect for manufacturing, storage, or distribution.
- Two Drive-In Doors: Ideal for efficient loading and unloading.
- Strategic Location: Close to major transportation routes and business hubs.
- Prime Opportunity: Well-positioned space in a high-demand area.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,000 SF | 1-3 Years | $21.00 /SF/YR $1.75 /SF/MO $42,000 /YR $3,500 /MO | Modified Gross |
1st Floor
This 2,000 square foot industrial space, located in the prime industrial zone of Summit, NJ, offers a highly functional and versatile environment for a range of business operations. Featuring two drive-in doors, the space is designed for efficient loading and unloading, making it ideal for manufacturing, distribution, or storage needs. The property’s layout maximizes utility and accessibility, while its location in Summit provides strategic advantages with its proximity to major transportation routes and business hubs. This well-positioned industrial space is an excellent opportunity for businesses seeking a practical and accessible facility in a sought-after area.
- Listed rate may not include certain utilities, building services and property expenses
- Includes 700 SF of dedicated office space
- 2,000 Sq Ft Industrial Space
- Two drive in doors
- Flexible layout
- Strategic location
- Versatile use
- Prime opportunity
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 | 2,000 SF | Gross Leasable Area | 2,000 SF |
| Property Type | Retail | Year Built | 1960 |
| Property Subtype | Auto Repair | Parking Ratio | 2.5/1,000 SF |
| Total Space Available | 2,000 SF |
| Property Type | Retail |
| Property Subtype | Auto Repair |
| Gross Leasable Area | 2,000 SF |
| Year Built | 1960 |
| Parking Ratio | 2.5/1,000 SF |
ABOUT THE PROPERTY
This 2,000 square foot industrial space, located in the prime industrial zone of Summit, NJ, offers a highly functional and versatile environment for a range of business operations. Featuring two drive-in doors, the space is designed for efficient loading and unloading, making it ideal for manufacturing, distribution, or storage needs. The property’s layout maximizes utility and accessibility, while its location in Summit provides strategic advantages with its proximity to major transportation routes and business hubs. This well-positioned industrial space is an excellent opportunity for businesses seeking a practical and accessible facility in a sought-after area
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56 Park Ave
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