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97 Newport Ave 800 SF of Retail Space Available in Somerset, NJ 08873
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1B | 800 SF | Negotiable | $30.00 /SF/YR $2.50 /SF/MO $24,000 /YR $2,000 /MO | Plus Electric |
1st Floor, Ste 1B
Excellent opportunity to lease approximately 800 SF of street-level commercial space at a well-located mixed-use property in Somerset, NJ. Formerly occupied by a jewelry business, the space is suitable for a variety of retail, office, service, boutique, studio, or professional uses. The unit offers strong visibility, convenient access, ample private parking and an efficient layout ideal for small business operations. Located within a mixed-use building with residential apartments above and neighboring local businesses nearby. Tenant responsible for electric, internet, and interior maintenance Suitable for retail, office, salon, boutique, studio, service business, and other approved uses Convenient Somerset location with nearby residential density and local traffic Available upon vacancy. Contact for additional information or to schedule a showing.
- Listed lease rate plus proportional share of electrical cost
- Fully Built-Out as Standard Retail Space
- Space is in Excellent Condition
- Central Air and Heating
- Security System
- Closed Circuit Television Monitoring (CCTV)
- Yard
- Display Window
- Smoke Detector
- Wheelchair Accessible
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 97 Newport Ave, Somerset, NJ 08873
- Tenant
- Description
- US Locations
- Reach
- Dira Hair Braiding Salon
- Services
- 1
- -
- Wavy Cuts
- Services
- 1
- -
| Tenant | Description | US Locations | Reach |
| Dira Hair Braiding Salon | Services | 1 | - |
| Wavy Cuts | Services | 1 | - |
Property Facts
| Total Space Available | 800 SF | Gross Leasable Area | 3,290 SF |
| Property Type | Retail | Year Built | 1960 |
| Property Subtype | Storefront Retail/Residential | Parking Ratio | 4.86/1,000 SF |
| Total Space Available | 800 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 3,290 SF |
| Year Built | 1960 |
| Parking Ratio | 4.86/1,000 SF |
About the Property
3,290 square foot mixed use commercial building situated on a .28 acre parcel. Located near local shops, dining options, and public transportation, it provides convenient access to major roadways and community amenities?.
Nearby Major Retailers
Presented by
MK Apex
97 Newport Ave
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