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West Millford Shopping Center 1938 Union Valley Rd
2,200 - 52,946 SF of Retail Space Available in Hewitt, NJ 07421
Space Availability (3)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1 | 48,346 SF | 5-10 Years | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste 2 | 2,200 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste Space 1 Mezzanine | 2,400 SF | 3-5 Years | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1926-1938 Union Valley Rd - 1st Floor - Ste 1
- Lease rate does not include utilities, property expenses or building services
1926-1938 Union Valley Rd - 1st Floor - Ste 2
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
1926-1938 Union Valley Rd - 1st Floor - Ste Space 1 Mezzanine
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
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 1938 Union Valley Rd , Hewitt, NJ 07421
| Center Type | Neighborhood Center | Gross Leasable Area | 105,000 SF |
| Parking | 465 Spaces | Total Land Area | 13.60 AC |
| Center Properties | 1 | Year Built | 1980 |
| Center Type | Neighborhood Center |
| Parking | 465 Spaces |
| Center Properties | 1 |
| Gross Leasable Area | 105,000 SF |
| Total Land Area | 13.60 AC |
| Year Built | 1980 |
About the Property
Tractor Supply is currently being built out in the former SEARS box. There are leases being negotiated for a portion of the former A&P with two national retailers. This center gets a great deal of foot and vehicle traffic between the post office and the NY residents coming to town for fuel. We expect with the addition of Tractor Supply and our current deals, this will be the most popular and busiest center in the market. Please feel free to reach out with any questions!
Learn More About Leasing Retail Properties
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West Millford Shopping Center | 1938 Union Valley Rd
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