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HIGHLIGHTS
- Center Type: 2-level enclosed
- 40+ retailers
- 700,000+ square feet of retail space
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
2086 Newpark Mall - 1st Floor
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
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 NEWPARK MALL
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- 24 Hour Fitness
- Other Services
- 1
- -
- AMC Theatres
- Arts, Entertainment, and Recreation
- -
- -
- BoxLunch
- Unisex Apparel
- 303
- National
- H&M
- Unisex Apparel
- 639
- International
- Jack's Restaurant & Bar
- Restaurant
- 5
- Local
- Yugo Ramen
- Accommodation and Food Services
- -
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| 24 Hour Fitness | Other Services | 1 | - |
| AMC Theatres | Arts, Entertainment, and Recreation | - | - |
| BoxLunch | Unisex Apparel | 303 | National |
| H&M | Unisex Apparel | 639 | International |
| Jack's Restaurant & Bar | Restaurant | 5 | Local |
| Yugo Ramen | Accommodation and Food Services | - | - |
PROPERTY FACTS
| Total Space Available | 1,000 SF | Center Properties | 5 |
| Center Type | Super Regional Mall | Gross Leasable Area | 1,323,561 SF |
| Parking | 5668 Spaces | Total Land Area | 93.09 AC |
| Stores | 150 | Year Built | 1980 |
| Total Space Available | 1,000 SF |
| Center Type | Super Regional Mall |
| Parking | 5668 Spaces |
| Stores | 150 |
| Center Properties | 5 |
| Gross Leasable Area | 1,323,561 SF |
| Total Land Area | 93.09 AC |
| Year Built | 1980 |
ABOUT THE PROPERTY
NewPark is located on the highly trafficked 880 corridor north of San Jose, California. Catering to the affluent East Bay customer, the center's tenant mix has been curated to meet the needs of the market's residents. NewPark features a two-level restaurant row that includes Jack's Restaurant & Bar, Yugo Ramen, and Bar Vinum as well as AMC Theatres and a 24 Hour Fitness. Located in close proximity to Palo Alto, Menlo Park, and Silicon Valley, there is great demand for housing. The city of Newark has responded with numerous residential projects that are attracting high income earners to the market.
- Food Court
- Kiosk/Cart Space
- Enclosed Mall
NEARBY MAJOR RETAILERS
Presented by
NewPark Mall | 2086 Newpark Mall
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