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450 State Route 34

9,000 - 27,000 SF of Retail Space Available in Matawan, NJ 07747

Highlights

  • Densely populated market with a total residential population of over 69,000 within 3 miles
  • Over 28,000 cars per day.
  • Within close proximity to The Garden State Parkway and Route 9.

Space Availability (2)

Display Rental Rate as

  • Space
  • Size
  • Ceiling
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor
  • 18,000 SF
  • -
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Negotiable
Space Use
Retail
Condition
Full Build-Out
Availability
Now
  • 2nd Floor
  • 9,000 SF
  • 20’
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Negotiable
Space Use
Retail
Condition
Full Build-Out
Availability
Now
  • Finished Ceilings: 20’
Space Size Ceiling Term Rental Rate Rent Type
1st Floor 18,000 SF - Negotiable Upon Request Upon Request Upon Request Upon Request Negotiable
2nd Floor 9,000 SF 20’ Negotiable Upon Request Upon Request Upon Request Upon Request Negotiable

1st Floor

Size
18,000 SF
Ceiling
-
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
Negotiable
Space Use
Retail
Condition
Full Build-Out
Availability
Now

2nd Floor

Size
9,000 SF
Ceiling
20’
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
Negotiable
Space Use
Retail
Condition
Full Build-Out
Availability
Now

  • Finished Ceilings: 20’

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.

SITE PLAN

PROPERTY FACTS FOR 450 State Route 34 , Matawan, NJ 07747

Property Type Retail
Property Subtype Health Club
Gross Leasable Area 27,000 SF
Year Built 1980
Parking Ratio 3.63/1,000 SF

About the Property

Featured is a freestanding, landmark property located in Matawan on the border of Old Bridge. Formerly The New York Sports Club for over 20 years. First floor is 18,000 SF plus 9,000 SF on the second floor. Located on busy Route 34 and Disbrow Road at a traffic controlled intersection, directly across from the Marketplace at Matawan. Hard corner location with excellent visibility, and 364 ft of frontage along Route 34. Within close proximity to The Garden State Parkway and Route 9. Densely populated market with a total residential population of over 69,000 within 3 miles. Over 28,000 cars per day. Pad site available, can built to suit. Permitted uses. The land uses permitted in the EDO-1 District are set forth herein below, except as otherwise indicated: (a) Retail sales and services. (b) Retail food establishment. (c) Bank and financial institutions. (d) Studio of a teacher of art, music and dance. (e) Art galleries. (f) Professional photography studio. (g) Health and fitness center under 10,000 square feet. [Amended 10-21-2019 by Ord. No. 2019-15] (h) Business offices. (i) Medical offices. (j) Professional offices. (k) Personal services. (l) Public and private parking areas. (m) Restaurants: full-service restaurants, limited-service eating places. (n) Fast-food restaurants. (o) Cafe and taverns. (p) Day-care facilities: child-care and adult-care facilities. (q) Animal day cares, kennels, hospitals and clinics, but not including the outdoor keeping of animals or outdoor play areas. (r) Educational services: tutoring classes, training facilities, cosmetology and barber schools, fine arts schools, language schools, exam preparation and tutoring and similar uses limited to 10,000 square feet. (s) Mini-warehousing, including self-storage and flex warehousing limited to 15,000 square feet. (t) Mini-warehouse and office for electricians, carpenters, plumbers, woodworking and cabinet makers and similar trades limited to 15,000 square feet. (u) Wellness center and spa. (5) Conditionally permitted uses. The land uses that are conditionally permitted in the EDO-1 District are listed below: (a) Gasoline station with mini mart or convenience store. (b) Retail convenience with fueling services. (c) Drive-through facilities related to banks and/or financial institutions, pharmacy or fast-food restaurants. (d) Other services (except public administration): [1] Automotive repair and maintenance. [2] Religious organizations, grant making and giving services, social advocacy organizations, civic and social organizations and business, professional, labor, political and similar organizations.

Nearby Major Retailers

Retro Fitness
Kearny Bank
Amboy National Bank
  • Listing ID: 33436172

  • Date on Market: 5/26/2022

  • Last Updated:

  • Address: 450 State Route 34, Matawan, NJ 07747

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