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426 Ridgedale Ave 4,640 SF of Retail Space Available in East Hanover, NJ 07936
HIGHLIGHTS
- Prime Location: Situated on a high-traffic, highly visible road in a bustling commercial corridor, ensuring excellent exposure and easy access.
- Historic Charm: Retains original bank features like a secure vault and teller stations, offering unique character and potential for repurposing.
- Convenient Parking: Ample parking available in front and nearby, providing convenience for both customers and staff.
- Spacious Layout: Features 4,640 square feet of versatile space, including a 2,320 sq. ft. main floor with large windows for natural light and customiz
- Additional Space: Includes a full 2,320 sq. ft. basement with storage, a kitchen area, and two restrooms, adding functionality and value.
- Flexible Use: Ideal for retail, service-based businesses, or other commercial ventures, with an open floor plan allowing for adaptable configurations.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 4,640 SF | Negotiable | $15.50 /SF/YR $1.29 /SF/MO $166.84 /m²/YR $13.90 /m²/MO $5,993 /MO $71,920 /YR | Triple Net (NNN) |
1st Floor
Available for lease, this former bank building offers a prime commercial space with a total of 4,640 square feet of versatile area, including 2,320sf on the main floor and a full 2,320sf basement. Situated on a high-traffic, highly visible road, the property benefits from excellent exposure and easy access, making it an ideal location for a variety of businesses.The main floor features a spacious, open layout with large windows, providing plenty of natural light and opportunities for custom tenant improvements. The building retains many of its original features, including a secure vault and teller stations, which can be repurposed or removed to suit the needs of your business. The open floor-plan allows for flexible use, whether you're looking to set up retail, or a service-based business.The full basement offers additional square footage for storage, a kitchen area and two restrooms. The basement is an excellent extension of the main floor and adds significant value to the property.Located in a busy commercial corridor, this property benefits from a steady flow of pedestrian and vehicular traffic, ensuring high visibility for any business. Ample parking is available in front and nearby, providing convenience for customers and staff.Perfect for a wide range of uses, this property offers an excellent opportunity to secure a prominent commercial location. Please call Fred (973) 941-2130 or Teresa (609) 220-0933 for questions or to show.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Bank
- Prime location
- Spacious layout
- Historic charm
- Additional space
- Convenient parking
- Flexible use
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 broker 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
| Total Space Available | 4,640 SF | Gross Leasable Area | 4,640 SF |
| Property Type | Retail | Year Built | 1988 |
| Property Subtype | Bank | Parking Ratio | 19.18/1,000 SF |
| Total Space Available | 4,640 SF |
| Property Type | Retail |
| Property Subtype | Bank |
| Gross Leasable Area | 4,640 SF |
| Year Built | 1988 |
| Parking Ratio | 19.18/1,000 SF |
ABOUT THE PROPERTY
Available for lease, this former bank building offers a prime commercial space with a total of 4,640 square feet of versatile area, including 2,320sf on the main floor and a full 2,320sf basement. Situated on a high-traffic, highly visible road, the property benefits from excellent exposure and easy access, making it an ideal location for a variety of businesses.The main floor features a spacious, open layout with large windows, providing plenty of natural light and opportunities for custom tenant improvements. The building retains many of its original features, including a secure vault and teller stations, which can be repurposed or removed to suit the needs of your business. The open floor-plan allows for flexible use, whether you're looking to set up retail, or a service-based business.The full basement offers additional square footage for storage, a kitchen area and two restrooms. The basement is an excellent extension of the main floor and adds significant value to the property.Located in a busy commercial corridor, this property benefits from a steady flow of pedestrian and vehicular traffic, ensuring high visibility for any business. Ample parking is available in front and nearby, providing convenience for customers and staff.Perfect for a wide range of uses, this property offers an excellent opportunity to secure a prominent commercial location. Please call Fred (973) 941-2130 or Teresa (609) 220-0933 for questions or to show.
- Signage
TRAFFIC
| COLLECTION STREET | CROSS STREET | TRAFFIC VOLUME | YEAR | Distance |
|---|---|---|---|---|
| Ridgedale Ave | Ward Pl, SW | 18,306 | 2022 | 0.30 mi |
| Troy Road | - | 5,251 | 2022 | 0.47 mi |
| Ridgedale Ave | Troy Rd, NE | 14,807 | 2022 | 0.47 mi |
| Cedar Street | - | 1,713 | 2022 | 0.54 mi |
| Ridgedale Ave | Willow Pl, SW | 13,623 | 2022 | 0.74 mi |
| River Rd | Ivy Ct, NE | 12,808 | 2022 | 0.76 mi |
| River Road | - | 6,106 | 2022 | 0.77 mi |
| Troy Road | Schoener Rd, E | 3,270 | 2022 | 0.80 mi |
| Deforest Avenue | West St, N | 3,588 | 2022 | 0.81 mi |
| Deforest Ave | West St, N | 5,536 | 2022 | 0.81 mi |
NEARBY MAJOR RETAILERS
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