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364 Summit Ave
500 - 1,400 SF of Retail Space Available in Jersey City, NJ 07306
Highlights
- Easy build out and very busy area with new construction surrounding the property
Space Availability (2)
Display Rent as
- Space
- Size
- Ceiling
- Term
- Rent
- Service Type
| Space | Size | Ceiling | Term | Rent | Service Type | |
| 1st Floor | 900 SF | 12 ft | 1-10 Years | £39.12 /SF/PA £3.26 /SF/MO £421.11 /m²/PA £35.09 /m²/MO £35,210 /PA £2,934 /MO | Modified Gross | |
| 1st Floor, Ste B | 500 SF | - | 1-10 Years | £43.03 /SF/PA £3.59 /SF/MO £463.22 /m²/PA £38.60 /m²/MO £21,517 /PA £1,793 /MO | Modified Gross |
1st Floor
900 SF of retail space.
- Listed rate may not include certain utilities, building services and property expenses
- Partially Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Space In Need of Renovation
- Finished Ceilings: 12 ft
- Formally used as a laundry Mat
1st Floor, Ste B
PROPERTY DESCRIPTION: Move in condition with lots of visibility and heavy car traffic all day. This location boasts high traffic and lots of new residential development. The perfect location for a bagel shop, pizza store, pharmacy, optometrist, coffee shop, salon, barber shop, cell phone store, real estate office, or any person looking for a lot of exposure.
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- MOVE IN READY
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 agent 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 364 Summit Ave , Jersey City, NJ 07306
| Property Type | Retail | Gross Internal Area | 23,562 SF |
| Property Subtype | Storefront | Year Built | 1910 |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Internal Area | 23,562 SF |
| Year Built | 1910 |
About the Property
Journal Square is a centrally-located commercial and residential neighborhood that keeps on growing and getting revitalized with a new young energy. Access to major highways and the PATH train as well as lower rent prices continue to attract residents from Manhattan and Brooklyn. Great storefront, located right across the street from the Courthouse, in a very busy location near Journal Square and the Path train. This space has the perfect setup to become a laundromat, restaurant, coffee shop, trendy boutique especially with all the new developments and new residents moving into the area.
Nearby Major Retailers
Presented by
David Moore
364 Summit Ave
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