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495 Clinton Ave 1,200 SF of Retail Space Available in Newark, NJ 07108
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| - | 1,200 SF | Negotiable | $20.00 /SF/YR $1.67 /SF/MO $24,000 /YR $2,000 /MO | Modified Gross |
-
Renovated commercial space available at 495 Clinton Ave in Newark 2,000 a month. This turnkey storefront features luxury vinyl plank flooring, recessed LED lighting, and central HVAC (heat and A/C). The open floor plan includes a dedicated washing station and a large bathroom, making it ideal for a hair salon, nail studio, barber shop, beauty services, wellness use, boutique retail, or professional office. Located on a high-visibility stretch of Clinton Avenue with strong neighborhood foot traffic and a dense surrounding residential base. Convenient access to public transportation, Downtown Newark, Newark Penn Station, Route 22, I-78, and the Garden State Parkway.
- Listed rate may not include certain utilities, building services and property expenses
- Fully renovated, modern finishes and central HVAC
- Open floor plan featuring a dedicated washing stat
- High-visibility frontage with heavy foot traffic a
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.
Select Tenants at 495 Clinton Ave, Newark, NJ 07108
- Tenant
- Description
- US Locations
- Reach
- 495 Clinton Ave LLC
- -
- 1
- -
- Good Deal Nj
- Retailer
- 1
- -
- Seafood Palace
- Retailer
- 1
- -
| Tenant | Description | US Locations | Reach |
| 495 Clinton Ave LLC | - | 1 | - |
| Good Deal Nj | Retailer | 1 | - |
| Seafood Palace | Retailer | 1 | - |
Property Facts
| Total Space Available | 1,200 SF | Gross Leasable Area | 2,500 SF |
| Property Type | Retail | Year Built/Renovated | 1920/2002 |
| Total Space Available | 1,200 SF |
| Property Type | Retail |
| Gross Leasable Area | 2,500 SF |
| Year Built/Renovated | 1920/2002 |
Nearby Major Retailers
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495 Clinton Ave
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