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Park Plaza Shopping Center 162 State Route 34
1,800 - 5,400 SF of Retail Space Available in Old Bridge, NJ 07747
Highlights
- Direct Frontage on Heavily Traveled Route 34
- Full Renovations Coming Soon
- Dunkin Donuts Pad Site with Drive Thru Anchor
- Park Plaza has 316 Parking Spaces (5.11 / 1000 SF)
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 3,600 SF | Negotiable | $25.00 /SF/YR $2.08 /SF/MO $269.10 /m²/YR $22.42 /m²/MO $7,500 /MO $90,000 /YR | Triple Net (NNN) | ||
| 1st Floor | 1,800 SF | Negotiable | $25.00 /SF/YR $2.08 /SF/MO $269.10 /m²/YR $22.42 /m²/MO $3,750 /MO $45,000 /YR | Triple Net (NNN) |
343-351 State Route 34 - 1st Floor
Brand New Space Available! 3,600 SF End Cap Space Asking Rent: $25.00 PSF NNN NNN Charges are approximately $6.00 PSF
- Lease rate does not include utilities, property expenses or building services
- Highly Desirable End Cap Space
- End Cap Space
343-351 State Route 34 - 1st Floor
Brand New Space Available! 1,800 SF Asking Rent: $25 PSF NNN NNN Charges are approximately $6.25 PSF
- Lease rate does not include utilities, property expenses or building services
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 162 State Route 34 , Old Bridge, NJ 07747
| Center Type | Neighborhood Center | Frontage | State Route 34 |
| Parking | 699 Spaces | Gross Leasable Area | 132,326 SF |
| Stores | 18 | Total Land Area | 17.58 AC |
| Center Properties | 3 | Year Built | 1985 |
| Center Type | Neighborhood Center |
| Parking | 699 Spaces |
| Stores | 18 |
| Center Properties | 3 |
| Frontage | State Route 34 |
| Gross Leasable Area | 132,326 SF |
| Total Land Area | 17.58 AC |
| Year Built | 1985 |
About the Property
Park Plaza is a +/- 61,790 SF Retail Center located directly on heavily traveled Route 34 in Old Bridge (Middlesex County). 2 Prime Retail / Medical Spaces Available for Lease. Space 1: 3,600 SF – (End Cap Space) Space 2: 1,800 SF Asking Rent: $25.00 / SF NNN (For spaces under 2,500 SF). $25.00 / SF NNN (For end cap space). NNN charges are approx. $6.00 / SF. Park Plaza is under new management. New Landlord will be spending $3M on full renovations to the entire center. Park Plaza has 316 Parking Spaces (5.11 / 1000 SF) Route 34 Traffic Count: 27,934 cars traveled daily. Come Join: Dunkin’ Donuts, Paramount Gym, Palms Plaza Catering Hall, Carlo’s Pizza & Pasta, Good Guy Vapes, Soleil Tans, Chakra Tattoos, Pho34 Vietnamese Restaurant, Nikki Snips Hair Salon, Colorful Nails & Spa, Kickboxing Plus, Shaan Grill Restaurant & Catering, Sukhmani Foods, Barbershop at the Clubhouse & Community Options.
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Matt Miller -
Seth Katz -
Legacy Commercial Realty, LLC
Presented by
Park Plaza Shopping Center | 162 State Route 34
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