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Medford Center 176-180 Route 70
3,500 - 13,572 SF of Space Available in Medford, NJ 08055
Highlights
- Located at signalized intersection
- Highly Visible Shopping Center
- Situated at prominent, high traffic signalized intersection with full access from all directions of traffic.
- Convenient location
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 3,572 SF | 3-20 Years | $18.00 /SF/YR $1.50 /SF/MO $193.75 /m²/YR $16.15 /m²/MO $5,358 /MO $64,296 /YR | Triple Net (NNN) | ||
| 1st Floor | 3,500-10,000 SF | 3-20 Years | $18.00 /SF/YR $1.50 /SF/MO $193.75 /m²/YR $16.15 /m²/MO $15,000 /MO $180,000 /YR | Triple Net (NNN) |
1st Floor
Highly visible retail space located in active center. Space is finished with drop ceiling and florescent lighting. Seperate HVAC and restrooms.
- Lease rate does not include utilities, property expenses or building services
1st Floor
Ideal space for a wide variety of professional office space or medical space. Abundant on site parking and highly visible signage available.
- Lease rate does not include utilities, property expenses or building services
- Fits 10 - 50 People
- Centrally located
- Located at signalized intersection
- abundant parking
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 176-180 Route 70 , Medford, NJ 08055
| Min. Divisible | 3,500 SF | Gross Leasable Area | 70,000 SF |
| Property Type | Retail | Year Built | 1961 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 3.49/1,000 SF |
| Min. Divisible | 3,500 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 70,000 SF |
| Year Built | 1961 |
| Parking Ratio | 3.49/1,000 SF |
About the Property
Highly visible retail strip shopping center located at heavily travelled signalized intersection. Join Kennedy Fitness and Dunkin Donuts among many other long time tenants. Located across from Acme and within close proximity to many other national retailers. 72,500 SF GLA Neighborhood Center with a Freestanding Dunkin’ on a Pad Site, on 8.8 Acre Lot Size. Located at a Signalized Intersection. Affluent Demographics: Median Household Income over $107,000 in a 5-Mile Radius. Located on a State Highway connecting the Philadelphia area to the Jersey Shore (at Point Pleasant area). Excellent access with multiple ingress/egress access points on Route 70 as well as on Jones Road. Approximately 650 Feet of Frontage on Route 70.
- Freeway Visibility
- Signage
- Signalized Intersection
-
Seth Hersh -
Hersh Realty Group
Presented by
Medford Center | 176-180 Route 70
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