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1988 Springfield Ave
3,100 SF of Retail Space Available in Maplewood, NJ 07040
Highlights
- Great Location, Very Desirable Location & Town, Active Main Street, Main Thoroughfare,
- Beautiful building with character, high ceilings allow you to create what ever your business needs.
- Great Visibility, Free Standing Building
- Great Accessibility, 78, 24, GSP,
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 3,100 SF | 2-5 Years | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
Basement available for storage
- Partially Built-Out as Standard Retail Space
- Central Air and Heating
- Private Restrooms
- Basement
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 1988 Springfield Ave , Maplewood, NJ 07040
| Property Type | Retail | Year Built/Renovated | 1927/2015 |
| Property Subtype | Freestanding | Parking Ratio | 1.29/1,000 SF |
| Gross Leasable Area | 3,100 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 3,100 SF |
| Year Built/Renovated | 1927/2015 |
| Parking Ratio | 1.29/1,000 SF |
About the Property
1988 Springfield Ave Maplewood, NJ located on the Business District Avenue in a thriving urban - suburban community. High visibility on main avenue thoroughfare, just before main corner intersection. Excellent location free standing building just three lights from Target, Wholefoods, and the #1 largest Home Depot Store in USA. Next door is Dunkin Donuts & Blimpie and several medical offices. A prime retail location with private parking and attatched 1.5 Garage in Maplewood! The property is set up with 2 entrances. The existing space has on open floor plan, with a private studio, small workshop, large bathroom, full basement and fully functioning attatched garage. The building has lots of charm with all glass frontage and antique tin ceilings at 12 feet. Perfect for retail store, Showroom and or workshop. Currently Antique Gallery, Interior Design Studio, & Furniture restoration workshop. Previously in the 1980's this was a famous bakery. Space available entire building 3100sf NNN Showings by appointment. Current expenses are available upon request. Currently the building houses three small businesses. All New Utilities, electric & Plumbing in 2015, 2 zone HVAC.
- Bus Line
- Freeway Visibility
- Signage
Nearby Major Retailers
Presented by
Albert Yonadi
1988 Springfield Ave
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