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Union Square Shopping Center 500 Rt 35

1,000 - 6,000 SF of Office/Medical Space Available in Middletown, NJ 07748

Space Availability (1)

Display Rent as

  • Space
  • Size
  • Term
  • Rent
  • Service Type
  • 2nd Floor
  • 1,000-6,000 SF
  • Negotiable
  • £14.32 /SF/PA £1.19 /SF/MO £85,916 /PA £7,160 /MO
  • Modified Gross
470-582 State Route 35 - 2nd Floor
Space Use
Office/Medical
Condition
Partial Build-Out
Availability
30 Days

Highly trafficked Route 35 shopping center with second floor ADA accessible office space available for lease at very competitive pricing. Prior use was medical. Ideal for continuing use as medical, professional office, many possibilities. Elevator access, windows, very large shared parking lot. No additional CAM charges. This is a gross lease with the tenant to pay for its own utilities and pass throughs only over base year taxes and CAM. Ideal for professional seeking comfortable space priced extremely competitively.

  • Listed rate may not include certain utilities, building services and property expenses
  • Partially Built-Out as Standard Medical Space
  • Office intensive layout
  • Fits 3 - 48 People
  • LARGE SHARED PARKING LOT
  • ELEVATOR ACCESS
  • RED BANK MAILING
  • INDIVIDUALLY METERED
  • CLEAN AND COMFORTABLE
  • PRICED TO LEASE
Space Size Term Rent Service Type
2nd Floor 1,000-6,000 SF Negotiable £14.32 /SF/PA £1.19 /SF/MO £85,916 /PA £7,160 /MO Modified Gross

470-582 State Route 35 - 2nd Floor

Size
1,000-6,000 SF
Term
Negotiable
Rent
£14.32 /SF/PA £1.19 /SF/MO £85,916 /PA £7,160 /MO
Service Type
Modified Gross
Space Use
Office/Medical
Condition
Partial Build-Out
Availability
30 Days

Highly trafficked Route 35 shopping center with second floor ADA accessible office space available for lease at very competitive pricing. Prior use was medical. Ideal for continuing use as medical, professional office, many possibilities. Elevator access, windows, very large shared parking lot. No additional CAM charges. This is a gross lease with the tenant to pay for its own utilities and pass throughs only over base year taxes and CAM. Ideal for professional seeking comfortable space priced extremely competitively.

  • Listed rate may not include certain utilities, building services and property expenses
  • Partially Built-Out as Standard Medical Space
  • Office intensive layout
  • Fits 3 - 48 People
  • LARGE SHARED PARKING LOT
  • ELEVATOR ACCESS
  • RED BANK MAILING
  • INDIVIDUALLY METERED
  • CLEAN AND COMFORTABLE
  • PRICED TO LEASE

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 500 Rt 35 , Middletown, NJ 07748

Min. Divisible 1,000 SF
Centre Type Community Center
Parking 750 Spaces
Centre Properties 1
Frontage Route 35
Gross Leasable Area 136,280 SF
Total Land Area 10.00 AC
Year Built 1987

About the Property

This is a large shopping center with an office component. Ideal for an office tenant seeking from 1,000 to 6,000 square feet of space. Offering very competitive rent, adjacent to gym, restaurants, all types of amenities located within the center. Desirable Red Bank mailing address. Second floor space with elevator access. Individually controlled and metered utilities. Available immediately. Ideal for medical, professional office, much more. Priced to lease.

Nearby Major Retailers

Oceanfirst Bank
Whole Foods Market
Tiger Schulmann's Martial Arts
Planet Fitness
Gold Fish Swim School
CrossFit
Chase Bank
Outback Steakhouse
Valley National Bank
freshii
  • Listing ID: 34235405

  • Date on Market: 15/08/2023

  • Last Updated:

  • Address: 500 Rt 35, Middletown, NJ 07748

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