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SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,000 SF | Negotiable | $60.00 /SF/YR $5.00 /SF/MO $120,000 /YR $10,000 /MO | Triple Net (NNN) |
1st Floor
Exceptional Restaurant Space Available for Lease Presenting an opportunity for culinary entrepreneurs to lease a versatile restaurant space in a bustling neighborhood. Tenant also has access to an expansive outdoor area, perfect for creating a unique dining experience. Property Details: Floor 1: Approximately 2,000 square feet, featuring high ceilings of over 14 feet, a combination of tile and wood flooring, and charming exposed brick walls that add character and warmth. Basement: An additional 1,500 square feet, ideal for storage, prep areas, or expansion of service capabilities. Exterior Yard/Patio: Approximately 1,800 square feet of outdoor space, offering endless possibilities for a beer garden, al fresco dining, or special events. Lease Structure: NNN Lease 5+ year term with escalations, with a preference for longer lease agreements. Tenant responsible for 60% of taxes, water, and sewer (current taxes approximately $27,000) and all separate utilities. Available Use: Perfectly suited for a commercial restaurant, deli, or beer garden. The space features a fully vented kitchen with some appliances in place. Previous liquor license maybe available. Building Amenities: Central heating and air conditioning. A side yard available for customization by the tenant, pending landlord and building approvals. Availability: Ready for immediate occupancy. Transform this space into the thriving gastronomic hub you've envisioned. Take advantage of this prime location and ample space to bring your restaurant concept to life. Contact us today to schedule a viewing and explore the potential of this exceptional property.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Space is in Excellent Condition
- Central Air and Heating
- Private Restrooms
- High Ceilings
- Basement
- Yard
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 646 NEWARK AVE, JERSEY CITY, NJ 07306
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Heavenly Day Care LLC
- Daycare
- 1
- -
- Phebe Night Club
- Cocktail Bar
- 1
- -
- Phebe Reborn
- Cocktail Bar
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Heavenly Day Care LLC | Daycare | 1 | - |
| Phebe Night Club | Cocktail Bar | 1 | - |
| Phebe Reborn | Cocktail Bar | 1 | - |
PROPERTY FACTS
| Total Space Available | 2,000 SF | Gross Leasable Area | 5,280 SF |
| Property Type | Retail | Year Built/Renovated | 1950/2000 |
| Property Subtype | Storefront Retail/Residential |
| Total Space Available | 2,000 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 5,280 SF |
| Year Built/Renovated | 1950/2000 |
ABOUT THE PROPERTY
Exceptional Restaurant Space Available for Lease Presenting an opportunity for culinary entrepreneurs to lease a versatile restaurant space in a bustling neighborhood. Tenant also has access to an expansive outdoor area, perfect for creating a unique dining experience. Property Details: Floor 1: Approximately 2,000 square feet, featuring high ceilings of over 14 feet, a combination of tile and wood flooring, and charming exposed brick walls that add character and warmth. Basement: An additional 1,500 square feet, ideal for storage, prep areas, or expansion of service capabilities. Exterior Yard/Patio: Approximately 1,800 square feet of outdoor space, offering endless possibilities for a beer garden, al fresco dining, or special events. Lease Structure: NNN Lease 5+ year term with escalations, with a preference for longer lease agreements. Tenant responsible for 60% of taxes, water, and sewer (current taxes approximately $27,000) and all separate utilities. Available Use: Perfectly suited for a commercial restaurant, deli, or beer garden. The space features a fully vented kitchen with some appliances in place. Previous liquor license maybe available. Building Amenities: Central heating and air conditioning. A side yard available for customization by the tenant, pending landlord and building approvals. Availability: Ready for immediate occupancy. Transform this space into the thriving gastronomic hub you've envisioned. Take advantage of this prime location and ample space to bring your restaurant concept to life. Contact us today to schedule a viewing and explore the potential of this exceptional property.
- 24 Hour Access
- Fenced Lot
- Restaurant
- Signage
- Storage Space
- PATH
- Air Conditioning
NEARBY MAJOR RETAILERS
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646 Newark Ave
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