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36-38 Broadway 60,000 SF 42% Leased Retail Building Newark, NJ 07104 $5,000,000 ($83.33/SF)
Executive Summary
LOCATION!LOCATION!LOCATION! Great for MEDICAL FACILITY, DAYCARE, URGENT CARE, WAREHOUSE, FURNITURE STORE or simply convert it to Condominiums. Completely re-done inside and out building. "ALSO AVAILABLE 40,000 sf NNN LEASE OPTION 2 BUY". Total of 3 main entrances. Broadway Ave, Webster St or 7th Ave. LEASE INCLUDES OPTION OF "PICK YOUR FLOORS AND COLORS"
Agent Remarks: MINIMUM LEASE OPTION AVAILABLE 20,000 @ $8.00 SQFT NNN AVAILABLE IMMEDIATELY . PREFERABLE LEASE OPTION 40,000 sf NNN
BLOOMFILED AVE OR MACWHATER HWY OR BROAD ST
5 MINUTES TO PENN STATION 15 MINUTES TO AEROPORT
Agent Remarks: MINIMUM LEASE OPTION AVAILABLE 20,000 @ $8.00 SQFT NNN AVAILABLE IMMEDIATELY . PREFERABLE LEASE OPTION 40,000 sf NNN
BLOOMFILED AVE OR MACWHATER HWY OR BROAD ST
5 MINUTES TO PENN STATION 15 MINUTES TO AEROPORT
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
60,000 SF
Building Class
C
Year Built/Renovated
1980/2016
Price
$5,000,000
Price Per SF
$83.33
Percent Leased
42%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.95
Lot Size
1.45 AC
Zoning
B-4
Parking
15 Spaces (0.38 Spaces per 1,000 SF Leased)
Frontage
50’ on Broadway
Amenities
- Signage
Exceptionally walkable
100/100
Very drivable
80/100
Exceptional public transit
100/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 14-00481-0000-00010 | Improvements Assessment | $258,100 |
| Land Assessment | $137,700 | Total Assessment | $395,800 |
Property Taxes
Parcel Number
14-00481-0000-00010
Land Assessment
$137,700
Improvements Assessment
$258,100
Total Assessment
$395,800
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Contact the Sale Advisor
36-38 Broadway