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1186 Raymond Blvd 10,348 SF 52% Leased Office Building Newark, NJ 07102 For Sale
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
52%
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
- -
- -
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Lorem Ipsum
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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
Centrally located, right across from the Prudential Building, large open floor plan, can be divided, elevator in the space.
Centrally located, right across from the Prudential Building, large open floor plan, can be divided, elevator in the space.
| Space | Size | Space Use | Condition | Available |
| 2nd Floor | 2,500 SF | Office/Retail | Full Build-Out | Now |
| 3rd Floor | 2,500 SF | Office/Retail | Full Build-Out | Now |
2nd Floor
| Size |
| 2,500 SF |
| Space Use |
| Office/Retail |
| Condition |
| Full Build-Out |
| Available |
| Now |
3rd Floor
| Size |
| 2,500 SF |
| Space Use |
| Office/Retail |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Floor
| Size | 2,500 SF |
| Space Use | Office/Retail |
| Condition | Full Build-Out |
| Available | Now |
Centrally located, right across from the Prudential Building, large open floor plan, can be divided, elevator in the space.
3rd Floor
| Size | 2,500 SF |
| Space Use | Office/Retail |
| Condition | Full Build-Out |
| Available | Now |
Centrally located, right across from the Prudential Building, large open floor plan, can be divided, elevator in the space.
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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 | $1,042,328 CAD |
| Land Assessment | $659,705 CAD | Total Assessment | $1,702,033 CAD |
Property Taxes
Parcel Number
14-00144-0000-00001
Land Assessment
$659,705 CAD
Improvements Assessment
$1,042,328 CAD
Total Assessment
$1,702,033 CAD
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1186 Raymond Blvd
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