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163 Midland Ave
2,600 SF of Flex Space Available in Garfield, NJ 07026
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
Space | Size | Term | Rental Rate | Rent Type | ||
1st Floor | 2,600 SF | 5 Years | $49.61 CAD/SF/YR $4.13 CAD/SF/MO $534.01 CAD/m²/YR $44.50 CAD/m²/MO $10,749 CAD/MO $128,990 CAD/YR | Net |
1st Floor
Fabulous free standing commercial building/flex space perfect for many uses. Property and Building consist of 2,600+/- square feet with outside parking/storage. Perfect for tradesman and specialty contracting as well as warehousing distribution. The warehouse features an office space that consists of 500 +/-, warehouse space 900+/-, outside covered storage 490+/- and fenced in outside yard parking/storage 700+/-. Off street parking for 12-15 cars. Overhead door is 10' wide and 13' high. The ceiling height in the warehouse is 13'10'. Commercial and mixed use zone with local businesses in the immediate area. Potential use may be for Cannabis. All major highways are located within one mile of subject property. Route 46,80,17,21,3,and GS Parkway.
- Lease rate does not include certain property expenses
- Includes 500 SF of dedicated office space
- High Ceilings
- Yard
- Potential use for Cannabis
- Fenced-in outside yard/storage
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.
PROPERTY FACTS FOR 163 Midland Ave , Garfield, NJ 07026
Property Type | Retail | Year Built | 1950 |
Property Subtype | Freestanding | Parking Ratio | 5.77/1,000 SF |
Gross Leasable Area | 2,600 SF |
Property Type | Retail |
Property Subtype | Freestanding |
Gross Leasable Area | 2,600 SF |
Year Built | 1950 |
Parking Ratio | 5.77/1,000 SF |
About the Property
Fabulous free standing commercial building/flex space perfect for many uses. Property and Building consist of 2,600+/- square feet with outside parking/storage. Perfect for tradesman and specialty contracting as well as warehousing distribution. The warehouse features an office space that consists of 500 +/-, warehouse space 900+/-, outside covered storage 490+/- and fenced in outside yard parking/storage 700+/-. Off street parking for 12-15 cars. Overhead door is 10' wide and 13' high. The ceiling height in the warehouse is 13'10'. Commercial and mixed use zone with local businesses in the immediate area. Potential use may be for Cannabis. All major highways are located within one mile of subject property. Route 46,80,17,21,3,and GS Parkway.
- Bus Line
- Freeway Visibility
- Signage
Nearby Major Retailers
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163 Midland Ave
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