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KP Brown, LLC Property 1661 N Olden Ave

28,600 SF of Retail Space Available in Ewing, NJ 08638

Highlights

  • Prime location on heavily traveled N. Olden Avenue
  • Highly visible spot with easy east and west access from N. Olden Avenue
  • Convenient for students, faculty, and staff from the nearby college
  • Close proximity to major retailers like Home Depot, Aldi, Dollar General, McDonald's, and ShopRite
  • Approximately 2 miles from The College of New Jersey campus
  • Surrounded by various auto dealerships and other businesses, enhancing foot traffic

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor
  • 28,600 SF
  • Negotiable
  • $11.00 /SF/YR $0.92 /SF/MO $118.40 /m²/YR $9.87 /m²/MO $26,217 /MO $314,600 /YR
  • Triple Net (NNN)
Space Use
Retail
Condition
Full Build-Out
Availability
Now
  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
Space Size Term Rental Rate Rent Type
1st Floor 28,600 SF Negotiable $11.00 /SF/YR $0.92 /SF/MO $118.40 /m²/YR $9.87 /m²/MO $26,217 /MO $314,600 /YR Triple Net (NNN)

1st Floor

Size
28,600 SF
Term
Negotiable
Rental Rate
$11.00 /SF/YR $0.92 /SF/MO $118.40 /m²/YR $9.87 /m²/MO $26,217 /MO $314,600 /YR
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Full Build-Out
Availability
Now

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space

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 1661 N Olden Ave , Ewing, NJ 08638

Property Type Retail
Property Subtype Storefront Retail/Office
Gross Leasable Area 28,600 SF
Year Built 1950

About the Property

Located on heavily traveled N. Olden Avenue. It is situated in close proximity to many major retailers including Home Depot, Aldi, Dollar General, McDonalds, various auto dealerships and ShopRite to name a few. Highly visible location offering east and west access from N. Olden Avenue, The College of New Jersey campus is located approximately 2 miles away and is easily accessible for the students, faculty, and staff.

  • Air Conditioning

Nearby Major Retailers

TD Banknorth
ALDI
Boston Market
Shoprite
PNC Bank
Bank of America
Planet Fitness
Chase Bank
Rent-A-Center
The YMCA
  • Listing ID: 31665772

  • Date on Market: 5/1/2024

  • Last Updated:

  • Address: 1661 N Olden Ave, Ewing, NJ 08638

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