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665-667 Grand St
1,459 - 4,136 SF of Retail Space Available in Jersey City, NJ 07304
Highlights
- Traffic counts of approx. 29,100 vehicles/day on Grand Street
- Immediate area new construction includes the Steel Tech building, delivering 420 rental units, 40 public parking spaces & a 34,000sqft green space
- Prime visibility on Grand Street with floor-to-ceiling windows
- Median Jersey City household income of $94,080 (2022)
- New Jersey issued more housing permits than New York for the first time since at least 1990 (2023)
- Multiple Jersey City zip codes, including 07304, are both regionally & nationally ranked in new construction statistics
Space Availability (2)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
Space | Size | Term | Rent | Service Type | ||
1st Floor, Ste C1 | 2,677 SF | 5-20 Years | £31.30 /SF/PA £2.61 /SF/MO £336.89 /m²/PA £28.07 /m²/MO £83,785 /PA £6,982 /MO | Triple Net | ||
1st Floor, Ste C2 | 1,459 SF | 5-20 Years | £31.30 /SF/PA £2.61 /SF/MO £336.89 /m²/PA £28.07 /m²/MO £45,664 /PA £3,805 /MO | Triple Net |
1st Floor, Ste C1
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
1st Floor, Ste C2
- Lease rate does not include utilities, property expenses or building services
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 665-667 Grand St , Jersey City, NJ 07304
Property Type | Retail | Year Built | 2024 |
Property Subtype | Storefront Retail/Residential | Construction Status | Under Construction |
Gross Internal Area | 33,095 SF |
Property Type | Retail |
Property Subtype | Storefront Retail/Residential |
Gross Internal Area | 33,095 SF |
Year Built | 2024 |
Construction Status | Under Construction |
About the Property
Weichert Realtors has been exclusively retained for a new retail leasing opportunity at 665-667 Grand Street, available spaces #C1 and #C2. The Bergen Lafayette area of Jersey City is a culturally abundant neighborhood with charm that has recently seen a rapid expansion in development due to its proximity to Manhattan and the Hudson River/New York Harbor waterfronts. The 07304 zip code has seen a 57.2% increase in new rental unit construction between 2017-2022, with thousands more scheduled for completion in the coming 12-24 months. This neighborhood is conveniently centrally located to multiple transportation hubs into Manhattan, to the picturesque Liberty State Park & Liberty Landing marina, and is surrounded by growing neighborhoods rich in retail & dining experiences. New construction with completion/CO slated for November 2024. Spaces are not contiguous, please see each respective square footage availability. Spaces delivered white box. Landlord is building out a bathroom in each space. Both spaces can be vented. Parking availability onsite is flex & negotiable. There is also parking across the street on State Street. NNN costs will consist of pro rata share of taxes, electric & water usage. Tenant pays own utilities. No TA will be offered. **PLEASE NOTE THIS LOCATION DOES NOT QUALIFY AS A RETAIL MARIJUANA SALES LOCATION** Contact exclusive listing agent Tiffany Jack of Weichert Realtors at (917) 378-3522 / TJack@weichert.com for questions & showing requests.
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665-667 Grand St
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