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181 Franklin Ave
Nutley, NJ 07110

Nutley Medical Plaza · Property For Lease

Property Overview

Medical/Professional condo unit available for lease in Nutley Medical Plaza located in the heart of Nutley's downtown. Offering other contiguous units in building for rent which can be rented separately or together for a total of 4,161 SF. Base rent is based on $22.50 per SF. Lease are Triple Net. Tenant is responsible for real-estate tax, association dues, and insurance. Utilities (Water/Sewer/Trash/Electric/Gas) are included in monthly association dues. Tenant would be responsible for their own internet/TV/phone. Long term leases are ideal with a 5-year minimum. This office space is finished and can be customized to fit the needs of any practitioner. The space is ideal for any medical practice; such as pain management / neurological space, radiology, family medicine, etc. Please inquire about the details. Lease/Sublease terms are flexible. Terms are negotiable for the right tenant. Owner would be willing to sublet this space or possibly become the sublease of the new Tenant. Owner currently uses the space to run their practice 2 days a week utilizing 20% of the space those days. Unit 101: 2843 SF @ $22.50 = $5,330 Base Rent + ($658.31 R.E. Tax + $2,314.66 Dues + Insurance). Unit 102: 732 SF @ $22.50 = $1,372 Base Rent + ($263.32 R.E. Tax + $713.69 Dues + Insurance). Unit 103: 586 SF @ $22.50 = $1,098 Base Rent + ($234.06 R.E. Tax + $533.66 Dues + Insurance). Building consists of 3 floors making up 13 Units with 27 medical professional listed on the directory. Examples of some of the groups are: St. Joseph Cardio Vascular Center, Agresti Health & Wellness, Elwood Medical Associates, Internet Medical Group, Summit Medical Group, New Jersey Alternative Medicine. Prior use: fully equipped, built-out RADIOLOGY/DIAGNOSTIC IMAGING facility. Unit 101 and 102 are updated and move-in ready. Suite 101: 2,483+/-sf (built out as Radiology/Diagnostic Imaging center, high ceilings above drop ceiling structure); Suite 102: 732+/-sf (build out had CAT scan equipment in prior use, high ceilings above drop ceiling structure); Suite 103: 586+/-sf (raw, unfinished space, high ceilings). Ample covered and open surface parking, plus street parking. Situated on well-trafficked Franklin Avenue with close proximity to two major hospitals/medical centers: Clara Maass Medical Center/Barnabas Hospital in Belleville, NJ and 4 miles to St.Mary's General Hospital in Passaic, NJ. Easy access to Garden State Parkway, Route 3, Route 21, Route 7, Route 46, Route 95/NJ Turnpike. Nutley is located in Essex County, New Jersey. The Garden State Parkway runs through the southwest corner of Nutley. Route 21 also runs through the town's eastern border. New Jersey Transit provides bus service in Nutley with routes to Port Authority Bus Terminal in Midtown Manhattan. NJ Transit also has bus service with local stops to Newark. Ideally located on well-traveled Franklin Ave, with close proximity to Clara Mass Medical Center, Children’s Specialized Hospital, and Hackensack UNC Mountainside & Mountain Side Hospital Dental.

PROPERTY FACTS

Building Type
Office
Year Built
1987
Building Height
3 Stories
Building Size
20,000 SF
Building Class
B
Typical Floor Size
7,245 SF
Unfinished Ceiling Height
10’
Parking
15 Surface Parking Spaces
20 Covered Parking Spaces
  • Listing ID: 16009612

  • Date on Market: 5/10/2019

  • Last Updated:

  • Address: 181 Franklin Ave, Nutley, NJ 07110

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