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111 US Highway 46
900 - 1,800 SF of Office/Retail Space Available in Budd Lake, NJ 07828
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 900-1,800 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Negotiable |
1st Floor
• 1,800 SF freestanding building • May be used as one or two units (900 SF each) with separate utilities, restrooms and entrances • Lot size: 0.16 acres (50’ x 144’) • 16 parking spaces • Newer roof, parking lot pavement • Interior has updated carpeting, LED lighting, heating units and woodwork • Modified lease; tenant responsible for property taxes, sewer & electric • Great for retail or office use
- Fits 3 - 15 People
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 111 US Highway 46 , Budd Lake, NJ 07828
| Min. Divisible | 900 SF | Gross Leasable Area | 1,880 SF |
| Property Type | Retail | Year Built | 1955 |
| Property Subtype | Freestanding | Parking Ratio | 6.91/1,000 SF |
| Min. Divisible | 900 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 1,880 SF |
| Year Built | 1955 |
| Parking Ratio | 6.91/1,000 SF |
About the Property
Featured is an 1800 square foot free-standing retail building, perfectly suited for both retail and office use. With its newer roof and recently paved parking lot, this property is move in ready. The building interior features updated carpeting, energy-efficient LED lighting, and state-of-the-art heating units and woodwork. Situated in a bustling location, this property benefits from high vehicular traffic, making it an ideal location for any tenant. Moreover, its proximity to multiple shopping centers enhances its appeal, promising a thriving business environment.
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Joseph Vindigni -
NAI James E. Hanson, Inc.
Presented by
111 US Highway 46
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