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Boutique Creative / Wellness / Studio Space 74 Elm St 1,800 SF of Office/Retail Space Available in Morristown, NJ 07960
Highlights
- Downtown Morristown Location
- Ideal for Wellness / Studio Use
- Walkable to Restaurants & Train
- Freight Elevator Access
- Flexible Layout Options
- Ownership Open to Customization
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,800 SF | Negotiable | $25.00 /SF/YR $2.08 /SF/MO $45,000 /YR $3,750 /MO | Plus All Utilities |
1st Floor
Modern boutique commercial space with loft-style character and flexible open layout ideal for wellness, creative office, studio, showroom, or specialty service uses
- Listed lease rate plus proportional share of utilities
- Fully Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- Fits 5 - 15 People
- Space is in Excellent Condition
- Downtown Morristown Location
- Freight Elevator Access
- Ideal for Wellness / Studio Use
- Flexible Layout Options
- Walkable to Restaurants & Train
- Ownership Open to Customization
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 Boutique Creative / Wellness / Studio Space
- Tenant
- Description
- US Locations
- Reach
- Willow French Cleaners
- Cleaners
- 1
- -
| Tenant | Description | US Locations | Reach |
| Willow French Cleaners | Cleaners | 1 | - |
Property Facts
| Total Space Available | 1,800 SF | Gross Leasable Area | 7,276 SF |
| Property Type | Retail | Year Built | 1907 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 1.09/1,000 SF |
| Total Space Available | 1,800 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 7,276 SF |
| Year Built | 1907 |
| Parking Ratio | 1.09/1,000 SF |
About the Property
Unique boutique commercial space located in the heart of downtown Morristown ideal for wellness, studio, creative office, showroom, medical, or specialty retail uses. Character-rich building featuring high ceilings, abundant natural light, freight elevator access, flexible layout options, and walkable access to Morristown’s restaurants, shops, and train station. Ownership open to customizing layouts for qualified long-term tenants.
- Commuter Rail
Nearby Major Retailers
Presented by
Boutique Creative / Wellness / Studio Space | 74 Elm St
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