Your email has been sent.
JCPenney 10 Mall Dr W 91,652 - 185,969 SF of Retail Space Available in Jersey City, NJ 07310
Highlights
- Currently JC Penney
- Long Term Absolute Net
- Neighbors include Macy’s, H&M, Forever 21, AMC, ShopRite, BJ’S Wholesale Club and Cheesecake Factory
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 91,652 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 2nd Floor | 94,317 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable |
1st Floor
Newport Centre is located in a dense urban setting, strategically situated along the Hudson River, directly across from the western border of New York City. The asset facilitates seamless access to downtown Manhattan given its positioning adjacent to the Holland Tunnel/Interstate 78 and directly above a PATH/light rail station. As a transit-orientated location with swift connectivity to New York City, Jersey City serves as a major residential hub for Manhattan commuters. In fact, Newport Centre is located directly adjacent to Brookfield’s Hudson Exchange project, which is one of the largest new residential developments in Jersey City with 850 existing apartment units and plans for a total of 5,400 apartment units upon full buildout. The surrounding area is home to densely-populated, pedestrian-friendly streets lined with lower-level retailers and upper-level residences.
- Partially Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Space is in Excellent Condition
- Anchor Space
- Central Air and Heating
- Private Restrooms
- Security System
- Closed Circuit Television Monitoring (CCTV)
- High Ceilings
- Emergency Lighting
- Display Window
- Smoke Detector
- Wheelchair Accessible
- Attractive anchor space
2nd Floor
Newport Centre is located in a dense urban setting, strategically situated along the Hudson River, directly across from the western border of New York City. The asset facilitates seamless access to downtown Manhattan given its positioning adjacent to the Holland Tunnel/Interstate 78 and directly above a PATH/light rail station. As a transit-orientated location with swift connectivity to New York City, Jersey City serves as a major residential hub for Manhattan commuters. In fact, Newport Centre is located directly adjacent to Brookfield’s Hudson Exchange project, which is one of the largest new residential developments in Jersey City with 850 existing apartment units and plans for a total of 5,400 apartment units upon full buildout. The surrounding area is home to densely-populated, pedestrian-friendly streets lined with lower-level retailers and upper-level residences.
- Partially Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Space is in Excellent Condition
- Anchor Space
- Central Air and Heating
- High Ceilings
- Emergency Lighting
- Smoke Detector
- Wheelchair Accessible
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 | 185,969 SF | Gross Leasable Area | 185,969 SF |
| Property Type | Retail | Total Land Area | 2.13 AC |
| Property Subtype | Department Store | Year Built | 1989 |
| Total Space Available | 185,969 SF |
| Property Type | Retail |
| Property Subtype | Department Store |
| Gross Leasable Area | 185,969 SF |
| Total Land Area | 2.13 AC |
| Year Built | 1989 |
About the Property
Newport Center is located in a dense urban setting, strategically situated along the Hudson River, directly across from the western border of New York City. The asset facilitates seamless access to downtown Manhattan given its positioning adjacent to the Holland Tunnel/Interstate 78 and directly above a PATH/light rail station.
Nearby Major Retailers
![[solidcore]](https://images1.loopnet.com/i2/X1DfwMFhQUJtrEvdN0O4PHppb1UchnIXcAPoILYKKzI/105/image.jpg "[solidcore]")
Presented by
JCPenney | 10 Mall Dr W
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.