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629 Valley Rd 4,785 sq ft of Retail Space Available in Montclair, NJ 07043
HIGHLIGHTS
- 11,115 Vehicles Per Day on Valley Road
- Three-minute walk to Upper Montclair NJ Transit station
SPACE AVAILABILITY (1)
Display Rent as
- SPACE
- SIZE
- TERM
- RATE
- TYPE
| Space | Size | Term | Rate | Type | ||
| 1st Floor | 4,785 sq ft | Negotiable | Upon Application Upon Application Upon Application Upon Application | TBD |
1st Floor
Premiere Retail Space in prestigious Upper Montclair Prominent branding opportunity with 40’ of Frontage on Valley Road. Venting permitted. 3-minute walk to Upper Montclair NJ Transit Train Station Q4 2024 Delivery Asking rent upon request Estimated taxes $45,000 per annum
- Fully Fit-Out as Standard Retail Unit
- Located in-line with other retail
- Prominent branding opportunity with 40’ of front
- Venting permitted
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 (NNN) 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 rent 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 rent 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
| Total Space Available | 4,785 sq ft | Net Internal Area (NIA) | 4,785 sq ft |
| Property Type | Retail | Year Built | 1926 |
| Property Subtype | Shopfront |
| Total Space Available | 4,785 sq ft |
| Property Type | Retail |
| Property Subtype | Shopfront |
| Net Internal Area (NIA) | 4,785 sq ft |
| Year Built | 1926 |
NEARBY MAJOR RETAILERS
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629 Valley Rd
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