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INVESTMENT HIGHLIGHTS
- Heart of downtown Newark
- Upside in office space rents
- Great for end user or investor
- Strong retail
- Emerging market
- Close to major highways and public transportation
EXECUTIVE SUMMARY
The property is a four-story retail and office building located in the heart of downtown Newark.
Great location in downtown Newark on the corner of Raymond Boulevard and Broad Street.
Great location in downtown Newark on the corner of Raymond Boulevard and Broad Street.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
10,348 SF
Building Class
C
Year Built
1940
Percent Leased
76%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
2,450 SF
Building FAR
2.97
Lot Size
0.08 AC
Opportunity Zone
Yes
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Traditional Karate of Newark
- Services
- -
- -
-
Lorem Ipsum
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Traditional Karate of Newark | Services | - | - | Lorem Ipsum | Jan 0000 |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
- 2nd Floor
- 2,500 SF
- Office/Retail
- -
- Now
| Space | Size | Space Use | Condition | Available |
| 2nd Floor | 2,500 SF | Office/Retail | - | Now |
2nd Floor
| Size |
| 2,500 SF |
| Space Use |
| Office/Retail |
| Condition |
| - |
| Available |
| Now |
1 1
Walk Score®
Walker's Paradise (99)
Transit Score®
Rider's Paradise (98)
Bike Score®
Very Bikeable (70)
PROPERTY TAXES
| Parcel Number | 14-00144-0000-00001 | Improvements Assessment | $1,061,713 CAD |
| Land Assessment | $671,974 CAD | Total Assessment | $1,733,687 CAD |
PROPERTY TAXES
Parcel Number
14-00144-0000-00001
Land Assessment
$671,974 CAD
Improvements Assessment
$1,061,713 CAD
Total Assessment
$1,733,687 CAD
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1186 Raymond Blvd
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