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Dwight Plaza 139-157 7th Ave 1,750 SF of Retail Space Available in Newark, NJ 07104
Highlights
- Ample Parking
- Traffic Count on 7th Ave: 7,943 VPD
- Densely Populated Area
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,750 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
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 Dwight Plaza
- Tenant
- Description
- US Locations
- Reach
- Family Dollar
- Dollar/Variety/Thrift
- 9,686
- National
- SuperMarkets
- Retailer
- -
- -
- The Laundry Guys
- Services
- -
- -
- Thplasma
- -
- -
- -
| Tenant | Description | US Locations | Reach |
| Family Dollar | Dollar/Variety/Thrift | 9,686 | National |
| SuperMarkets | Retailer | - | - |
| The Laundry Guys | Services | - | - |
| Thplasma | - | - | - |
Property Facts
| Total Space Available | 1,750 SF | Gross Leasable Area | 20,111 SF |
| Property Type | Retail | Year Built | 1987 |
| Property Subtype | Storefront | Parking Ratio | 3.33/1,000 SF |
| Total Space Available | 1,750 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 20,111 SF |
| Year Built | 1987 |
| Parking Ratio | 3.33/1,000 SF |
About the Property
? Unit 3: 1,750 SF (Former Liquor Store) – Includes 2nd Floor Available for Storage ? Modified Gross Lease ? Ample Parking ? Densely Populated Area ? Well Positioned Busy Neighbor Center ? Across from McKinley Public School (Pre-K to 8th Grade) ? Surrounded by Multiple High-Rise Apartments ? Close to Branch Brook Park Playground and Recreational Center ? Bus Stop Located In Front of Dwight Plaza: Bus #’s 41, 99, 108 ? 1 Block From the Intersection of Clinton Ave; Traffic Count Clinton Ave: 17,169 ? Traffic Count 7th Ave: 7,943 VPD ? Located Near: I-280 and Rt 21 ? Nearby National Tenants: Taco Bell, Auto Zone, Wing Stop, Burger King, UHAU
- Banking
- Bus Line
- Raised Floor
- Signage
Nearby Major Retailers
Presented by
Dwight Plaza | 139-157 7th Ave
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