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952-962 Sherman Ave
1,130 - 12,630 SF of Space Available in Elizabeth, NJ 07208
Highlights
- TOTAL RENO in PROGRESS inc 2 NEW ELEVATORS! Finish approx 9/23!
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, Ste D1 | 1,130 SF | 12’ | 2 Years | $22.00 /SF/YR $1.83 /SF/MO $236.81 /m²/YR $19.73 /m²/MO $2,072 /MO $24,860 /YR | Modified Gross | |
| 2nd Floor, Ste A101 | 11,000-11,500 SF | 12’ - 12’6” | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Negotiable |
1st Floor, Ste D1
includes 1 parking space in our rear newly paved fenced secure -parking lot and parking on the street full time busy location great drive by traffic only $2072 monthly plus electric [mod gross] 2 year lease
- Listed rate may not include certain utilities, building services and property expenses
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air and Heating
- Private Restrooms
- Finished Ceilings: 12’
- "new everything" 1130' Ada bathroom!
- "new everything" 1130' Ada bathroom!
2nd Floor, Ste A101
PARTIAL CUSTOM BUILDOUT AVAILABLE ON LONGER TERM LEASE
- Finished Ceilings: 12’ - 12’6”
- Space is in Excellent Condition
- new windows and complete reno [finish 10/22]
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 952-962 Sherman Ave , Elizabeth, NJ 07208
| Min. Divisible | 1,130 SF | Gross Leasable Area | 22,705 SF |
| Property Type | Retail | Year Built | 1950 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 0.93/1,000 SF |
| Min. Divisible | 1,130 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 22,705 SF |
| Year Built | 1950 |
| Parking Ratio | 0.93/1,000 SF |
About the Property
Great for a Attorney offices karate school, dance school and medical uses LOADS OF PARKING! Newly renovated units 5 minute drive to Newark Liberty International Airport Tenant responsible for utilities (gas& electric separately metered) Under new management; very responsive NJ Urban Development Opportunity Zone(tax benefits) Commuter Rail North Elizabeth Station(9 min walk; .5 mi.) Walk Score: 74 (“Very Walkable”) Transit Score: 53 (“Good Transit”) CHECK OUT 2ND FLOOR PHOTOS!!! 1 LARGE NEW OFFICE SPACE [POSSIBE DIVISION] NEW RENO IN PROCESS FINISH APPROX 9/23 !!! ,IF YOUR CURRENT LEASE IS FINISHING THEN THIS IS PERFECT ,HUGE FRESHLY PAVED PARKING LOT IN REAR ,easy street parking as well! CONVENIENT TO ALL PUBLIC TRANSPORT AND HIGHWAYS MOVE IN TO THIS BUSY LOCATION AND BE SUCCESSFUL! EXTREMELY WELL MANAGED AND MAINTAINED BY OWNER! "2 BRAND NEW HIGH-EFFICIENCY HVAC UNITS INSTALLED!" CAN POSSIBLY BE LARGE SPACE OR TWO, OR WITH WALK THRU CONNECTION BETWEEN SPACES! 2 BRAND NEW ELEVATORS AND SEVERAL CONVENIENT ENTRANCES! PRICED TO LEASE you PAY UTILITIES AND RENT...
- 24 Hour Access
- Bus Line
- Commuter Rail
- Corner Lot
- Fenced Lot
- Tenant Controlled HVAC
-
Michael Antelis -
Coldwell Banker Liberty
Presented by
952-962 Sherman Ave
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