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Highlights
- The property is in the heart of Union, surrounded by many new residential buildings with more than 400 new apartments.
- 37 private parking spaces in free parking lot onsite, plus hundreds of free municipal parking spaces in front and rear of the building.
- Front and Rear store entrances with loading doors.
- 55 feet of frontage on Stuyvesant Avenue for high visibility.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
Space | Size | Term | Rental Rate | Rent Type | ||
1st Floor | 12,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
The property is made up of 12,000 SF (24,000 SF including the basement) of Retail Space Available in Union, NJ 07083.The location is fantastic, right on a busy commercial strip. There’s plenty of foot traffic, and it’s easy to spot from the street. Parking is a breeze, with plenty of spots available nearby, and the area is well-served by public transport too. Overall, this retail property on Stuyvesant Avenue has everything a business could need to thrive—great visibility, an attractive and functional layout, and a vibrant location. The zoning provides excellent versatility including a restaurant, office, or medical uses.
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air and Heating
- Smoke Detector
- Natural light
- Open floor plan to allow for flexibility
- Storefront with large display windows
- High visibility and foot traffic
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.
SITE PLAN
PROPERTY FACTS FOR 1008 Stuyvesant Ave , Union, NJ 07083
Property Type | Retail | Year Built | 1951 |
Property Subtype | Retail | Parking Ratio | 1.54/1,000 SF |
Gross Leasable Area | 24,000 SF |
Property Type | Retail |
Property Subtype | Retail |
Gross Leasable Area | 24,000 SF |
Year Built | 1951 |
Parking Ratio | 1.54/1,000 SF |
About the Property
Beautiful, large frontage facing Stuyvesant Avenue and route 82 Morris Avenue with high visibility in the heart of Downtown, plus rear entrance with direct access to the parking lots. 37 private parking spaces plus hundreds of free municipal parking spaces in front and rear of the building. The property has a full build-out loading door.
- Air Conditioning
- Smoke Detector
DEMOGRAPHICS
Demographics
Nearby Major Retailers
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1008 Stuyvesant Ave
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