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71 E Broad St 5,000 SF of Flex Space Available in Hopewell, NJ 08525
Highlights
- Planned renovations to accommodate specific requirements for commercial, retail, flex or office
- The ability for ample off-street parking
- Ideal stand alone building with frontage on E. Broad Street (County Route 518)
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 5,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor
71 East Broad Street, Hopewell Borough, NJ This 1.81 acre site located in the thriving downtown of Hopewell Boro offers 330 feet of frontage on the Town’s well-traveled main thoroughfare, County Route 518. With the flexibility of the “BR” Business Residential zoning this is a prime opportunity to plan and design a prestigious Redevelopment or Renovation project. Flexible Sale or Lease terms available. Redevelopment: Prime location for commercial, retail and/or residential development in a highly desirable location with convenient access to Princeton and surrounding communities. This site is cleared and ready for development with access to public utilities, the ability to provide ample off-street parking with acquisition options for a portion or the entire site. Renovation: The existing 8,400 sq.ft. landmark building presents an excellent opportunity for an owner-occupant or an investor seeking a multi-tenant asset. The property can also be renovated to accommodate specific uses or design requirements with flexible sale or lease options.
- Lease rate does not include utilities, property expenses or building services
- Central Air and Heating
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 | 1941 |
| Property Subtype | Auto Repair |
| Total Space Available | 5,000 SF |
| Property Type | Retail |
| Property Subtype | Auto Repair |
| Gross Leasable Area | 5,000 SF |
| Year Built | 1941 |
About the Property
71 East Broad Street, Hopewell Borough, NJ This 1.81 acre site located in the thriving downtown of Hopewell Boro offers 330 feet of frontage on the Town’s well-traveled main thoroughfare, County Route 518. With the flexibility of the “BR” Business Residential zoning this is a prime opportunity to plan and design a prestigious Redevelopment or Renovation project. Flexible Sale or Lease terms available. Redevelopment: Prime location for commercial, retail and/or residential development in a highly desirable location with convenient access to Princeton and surrounding communities. This site is cleared and ready for development with access to public utilities, the ability to provide ample off-street parking with acquisition options for a portion or the entire site. Renovation: The existing 8,400 sq.ft. landmark building presents an excellent opportunity for an owner-occupant or an investor seeking a multi-tenant asset. The property can also be renovated to accommodate specific uses or design requirements with flexible sale or lease options.
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71 E Broad St
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