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Unit B 107 Sherman Ave
1,410 SF of Flex Space Available in Raritan, NJ 08869
Highlights
- Easy access to Route 206
- Large open rooms
- Bathroom
- Versatile space for mixed-use work environment
- Kitchenette
- Private Parking
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
Space | Size | Term | Rental Rate | Rent Type | ||
1st Floor - B | 1,410 SF | 3 Years | $24.13 CAD/SF/YR $2.01 CAD/SF/MO $259.68 CAD/m²/YR $21.64 CAD/m²/MO $2,835 CAD/MO $34,017 CAD/YR | Triple Net (NNN) |
1st Floor - B
This is an open space that can be versatile in its purpose, there is a lot of potential to explore the use of this space. The floors also have a bamboo finish to them.
- Lease rate does not include utilities, property expenses or building services
- Central Air Conditioning
- Kitchen
- Private Restrooms
- Corner Space
- Open space
- Bamboo floors
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 Unit B
- Fleetwood Kitchens
- J & E Properties
PROPERTY FACTS FOR 107 Sherman Ave , Raritan, NJ 08869
Property Type | Retail | Year Built/Renovated | 1950/2022 |
Property Subtype | Storefront Retail/Office | Parking Ratio | 1.03/1,000 SF |
Gross Leasable Area | 9,724 SF |
Property Type | Retail |
Property Subtype | Storefront Retail/Office |
Gross Leasable Area | 9,724 SF |
Year Built/Renovated | 1950/2022 |
Parking Ratio | 1.03/1,000 SF |
About the Property
The newly renovated rental unit is located on Sherman Avenue, right off 206 South in Raritan. It is a large, versatile space that not only is in a great, central location but could suit a variety of businesses. The flexible workspace comes with an open area with a private office, a kitchenette, a private bathroom, private parking and so much more! The space has been completely renovated and features bamboo floors! Don't miss the opportunity to make this unique rental unit the new home of your business!
Nearby Major Retailers
Presented by
J & E Properties
Unit B | 107 Sherman Ave
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