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365 N Midland Ave
1,000 SF of Retail Space Available in Saddle Brook, NJ 07663
Space Availability (1)
Display Rent as
- Space
- Size
- Ceiling
- Term
- Rent
- Service Type
| Space | Size | Ceiling | Term | Rent | Service Type | |
| 1st Floor | 1,000 SF | 7 ft 10 in | Negotiable | Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application | TBD |
1st Floor
Well equipped restaurant space in well exposed location-Asking Key Money $199,000
- Sublease space available from current tenant
- Fully Built-Out as Standard Retail Space
- Space is in Excellent Condition
- Finished Ceilings: 7 ft 10 in
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 365 N Midland Ave , Saddle Brook, NJ 07663
| Property Type | Retail | Year Built | 1970 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 4.17/1,000 SF |
| Gross Internal Area | 2,400 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Internal Area | 2,400 SF |
| Year Built | 1970 |
| Parking Ratio | 4.17/1,000 SF |
About the Property
Sub lease with BUSINESS SALE for a restaurant (Brunch, Sandwich and Catering) with good reputation in high desirable in Saddle Brook has hit the market. This prime space on Major Street offers approx. 1,000 SQFT space with high traffic volume and visibility. The business has run strongly and has been upgraded about 4 years ago and the owners are retiring. All of the kitchen equipment are well maintained and in good working condition. 5 year and 5 year option left for $1,790 monthly rent and the asking key money is $199,000.
- Freeway Visibility
Nearby Major Retailers
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365 N Midland Ave
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