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321 Broadway
1,467 - 6,184 SF of Retail Space Available in Hillsdale, NJ 07642
Highlights
- High Visibility shopping center with plenty of parking.
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 1,467-2,934 SF | 12’ | 5 Years | $27.00 /SF/YR $2.25 /SF/MO $290.63 /m²/YR $24.22 /m²/MO $6,602 /MO $79,218 /YR | Triple Net (NNN) | |
| 1st Floor, Ste 8,9 | 3,250 SF | 10’ | 5 Years | $27.00 /SF/YR $2.25 /SF/MO $290.63 /m²/YR $24.22 /m²/MO $7,313 /MO $87,750 /YR | Triple Net (NNN) |
1st Floor
This space is very good for restaurant and all kind of business. All stores in strip mall are very busy in the Heart of Hillsdale with high visibility, on a lot of Parking spaces(60) & good pedestrian Traffic. Landlord pays for Water, Building Insurance, Maintenance of Exterior. This space is very good CHANCE for Restaurant, or all kind of stores in strip mall what are operating well for Nail & Spa, Chinese Restaurant, Mexican restaurant, Mediterranean restaurant & Bagel/Deli store. *****Landlord can rent the whole Spaces available for 2,934 SF OR 2 divided spaces available for 1,467 SF each for Restaurant and others.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air Conditioning
- After Hours HVAC Available
- Finished Ceilings: 12’
- Very nice space for restaurant
1st Floor, Ste 8,9
This space is good for Mexican restaurant because new tenant provide their new equipment and interiors as key money $80,000. All stores in strip mall are very busy in the Heart of Hillsdale with High Visibility, on a lot of Parking spaces & Good Pedestrian Traffic. Landlord pays for Water, Building Insurance, Maintenance of Exterior. In complex there are operating well for Nail & Spa, Chinese Restaurant, and Bagel shop, Mediterranean restaurant. There are another 1 Spaces available for 2,947 SF for Pizza restaurant and other kind of food court (possible to divide it 2 space as 1,473SF each) This is a Triple net Lease($10/SF)
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Highly Desirable End Cap Space
- Space is in Excellent Condition
- Central Air and Heating
- Kitchen
- Private Restrooms
- After Hours HVAC Available
- Finished Ceilings: 10’
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 321 Broadway , Hillsdale, NJ 07642
| Min. Divisible | 1,467 SF | Gross Leasable Area | 13,580 SF |
| Property Type | Retail | Year Built | 1980 |
| Property Subtype | Freestanding | Parking Ratio | 10/1,000 SF |
| Min. Divisible | 1,467 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 13,580 SF |
| Year Built | 1980 |
| Parking Ratio | 10/1,000 SF |
About the Property
This space is very good for restaurant and all kind of business. All stores in strip mall are very busy in the Heart of Hillsdale with high visibility, on a lot of Parking spaces(60) & good pedestrian Traffic. Landlord pays for Water, Building Insurance, Maintenance of Exterior. This space is very good CHANCE for Restaurant, or all kind of stores in strip mall what are operating well for Nail & Spa, Chinese Restaurant, Mediterranean restaurant & Bagel/Deli store. ***Landlord can rent the whole Spaces available for 3,096 SF OR 2 divided spaces available for 1,531(left)SF & 1,565(Right)SF each for Restaurant and others. *****Another space(#8.9) is good for Mexican restaurant or other restaurant business because new tenant provide their new equipment and interiors as key money $80,000.
-
Derek Park -
C Land Realty
Presented by
321 Broadway
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