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Centennial Square 1297-1345 Centennial Ave
7,558 SF of Retail Space Available in Piscataway, NJ 08854
Highlights
- Located on busy roads with high visibility.
- Excellent in-line availability near well known retailers.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 7,558 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1315 Centennial Ave - 1st Floor
Former TGI Fridays location available.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Space is an outparcel at this property
- Kitchen
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 Centennial Square
- Tenant
- Description
- US Locations
- Reach
- 24 Hour Fitness
- Fitness
- 461
- National
- ALDI
- Supermarket
- 3,060
- International
- Lowe’s
- Home Improvement
- 2,366
- International
- Panera Bread
- Bakery
- 3,065
- International
- Petco
- Animal Care/Groom
- 2,000
- International
- Wal-Mart
- Retailer
- -
- -
| Tenant | Description | US Locations | Reach |
| 24 Hour Fitness | Fitness | 461 | National |
| ALDI | Supermarket | 3,060 | International |
| Lowe’s | Home Improvement | 2,366 | International |
| Panera Bread | Bakery | 3,065 | International |
| Petco | Animal Care/Groom | 2,000 | International |
| Wal-Mart | Retailer | - | - |
PROPERTY FACTS FOR 1297-1345 Centennial Ave , Piscataway, NJ 08854
| Center Type | Power Center | Frontage | 2,419’ on Centennial Ave |
| Parking | 4,100 Spaces | Gross Leasable Area | 414,520 SF |
| Stores | 19 | Total Land Area | 341.53 AC |
| Center Properties | 7 | Year Built | 1998 |
| Center Type | Power Center |
| Parking | 4,100 Spaces |
| Stores | 19 |
| Center Properties | 7 |
| Frontage | 2,419’ on Centennial Ave |
| Gross Leasable Area | 414,520 SF |
| Total Land Area | 341.53 AC |
| Year Built | 1998 |
About the Property
The Wal-Mart and Lowe's anchored power center is over 400,000 square feet has become the premier destination location within the primary trade area, due to its diversified tenant mix. Over 29,000 cars pass along the adjacent thoroughfare Stelton Road on a daily basis. Join Wal-Mart, Lowe's, Petco, Aldi and many more! Centennial Square is located along Centennial Avenue, between Stelton Road and South Washington Avenue, and is easily accessible from Routes 287, 27 and 18.
- Freeway Visibility
- Pylon Sign
- Restaurant
- Signage
Nearby Major Retailers
Presented by
Centennial Square | 1297-1345 Centennial Ave
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