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Oak Tree Plaza 538 Route 34
1,072 - 8,775 SF of Office/Retail Space Available in Old Bridge, NJ 08857
Highlights
- Benefit from strong demographics with 157,288 residents living within a 15-minute drive, contributing to an average household income of $131,115
- Excellent visibility with a direct ingress and egress along heavily traveled Route 34
- Nearby lot is fully approved for an additional 8,900 SF of retail / medical space
- Class A retail/medical space for lease, located directly in front of a new three-story 36-unit apartment building
- Available spaces will be delivered in shell condition with a range from 1,072 SF (Inline) – 8,900 SF Total
- Mixed-use development project totaling 17,780 SF of brand-new construction
Space Availability (6)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
Space | Size | Term | Rental Rate | Rent Type | ||
1st Floor, Ste 101 | 2,145 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD | ||
1st Floor, Ste 102 | 1,108 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD | ||
1st Floor, Ste 103 | 1,072 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD | ||
1st Floor, Ste 104 | 1,072 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD | ||
1st Floor, Ste 105 | 1,137 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD | ||
1st Floor, Ste 106 | 2,241 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor, Ste 101
Unit 101 - End Cap Space 2,145 SF End Cap Space Can accommodate 2,145 SF up to 8,900 SF of space. Asking Rent: Call for Pricing NNN Charges: $7.00 PSF
1st Floor, Ste 102
Unit 102 1,108 SF Space Can accommodate 1,108 SF up to 8,900 SF of space. Asking Rent: Call for Pricing NNN Charges: $7.00 PSF
1st Floor, Ste 103
Unit 103 1,072 SF Space Can accommodate 1,072 SF up to 8,900 SF of space. Asking Rent: Call for Pricing NNN Charges: $7.00 PSF
1st Floor, Ste 104
Unit 104 1,072 SF Space Can accommodate 1,072 SF up to 8,900 SF of space. Asking Rent: Call for Pricing NNN Charges: $7.00 PSF
1st Floor, Ste 105
Unit 105 1,137 SF Space Can accommodate 1,137 SF up to 8,900 SF of space. Asking Rent: Call for Pricing NNN Charges: $7.00 PSF
1st Floor, Ste 106
Unit 106 - End Cap Space 2,241 SF End Cap Space Can accommodate 2,241 SF up to 8,900 SF of space. Asking Rent: Call for Pricing NNN Charges: $7.00 PSF
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 538 Route 34 , Old Bridge, NJ 08857
Property Type | Retail | Year Built | 2024 |
Property Subtype | Storefront Retail/Office | Parking Ratio | 7.02/1,000 SF |
Gross Leasable Area | 17,800 SF |
Property Type | Retail |
Property Subtype | Storefront Retail/Office |
Gross Leasable Area | 17,800 SF |
Year Built | 2024 |
Parking Ratio | 7.02/1,000 SF |
About the Property
RENT JUST REDUCED! Legacy Commercial Realty, LLC is pleased to present Oak Tree Plaza located at 540-560, Highway 34, Old Bridge, located in Middlesex County. Oak Tree Plaza is a new mixed-use development project totaling 17,780 SF of brand-new construction retail / medical space for lease located directly in front a new three-story 36-unit apartment building. The property has 125 Parking Spaces, with a ratio of 7 spaces / 1000 SF. Oak Tree Plaza has direct ingress and egress along heavily traveled Route 34, with 650 feet of frontage. Route 34 Traffic Counts are approximately 27,934 cars traveled daily Available Immediately. There is 8,900 SF new construction retail / medical space available for lease. The available spaces range from 1,072 SF (Inline) – 8,900 SF Total. Landlord to provide spaces in V-Box condition. Fully Approved for an additional 8,900 SF of retail / medical space (under construction 2024 completion). Opportunity for build to suit or land lease.
Presented by
Oak Tree Plaza | 538 Route 34
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