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399 Mccarter Hwy 2,900 SF of Flex Space Available in Newark, NJ 07114
Highlights
- Owner Financing Would be Considered
- Used Car Dealership License Available
- Close Proximity To The Major Highways
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 2nd Floor | 2,900 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
2nd Floor
- Lease rate does not include utilities, property expenses or building services
- Space is in Excellent Condition
- Wi-Fi Connectivity
- Security System
- Smoke Detector
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 399 Mccarter Hwy, Newark, NJ 07114
- Tenant
- Description
- US Locations
- Reach
- Goble Auto Sales
- Auto Showroom
- 1
- -
| Tenant | Description | US Locations | Reach |
| Goble Auto Sales | Auto Showroom | 1 | - |
Property Facts
| Total Space Available | 2,900 SF | Gross Leasable Area | 9,700 SF |
| Property Type | Retail | Year Built | 1951 |
| Property Subtype | Auto Dealership |
| Total Space Available | 2,900 SF |
| Property Type | Retail |
| Property Subtype | Auto Dealership |
| Gross Leasable Area | 9,700 SF |
| Year Built | 1951 |
About the Property
PRE-REAL ESTATE SERVICES HAS BEEN EXCLUSIVELY TASKED WITH FACILITATING THE SALE & LEASE OF THIS EXTRAORDINARY OPPORTUNITY LOCATED ON 399 MCCARTER HIGHWAY, NEWARK NJ. THE PROPERTY SPANS OVER A 0.08 ACRE PARCEL OF LAND AND IS COMPRISED OF A 2,950 SF TWO STORY COMMERCIAL BUILDING. THE GROUND FLOOR IS INTENDED FOR USES SUCH AS AUTO MECHANIC, USED CAR DEALERSHIPS AND A SHOWROOM. THE C-3 (CENTRAL BUSINESS DISTRICT) ZONE IN NEWARK IS INTENDED TO SUPPORT THE CITY’S MOST ACTIVE COMMERCIAL AND MIXED-USE CORE, ALLOWING FOR HIGH-DENSITY DEVELOPMENT THAT COMBINES RETAIL, OFFICE, RESIDENTIAL, AND SERVICE USES IN A WALKABLE, TRANSIT-ORIENTED ENVIRONMENT. THIS ZONE IS TYPICALLY LOCATED IN PRIME DOWNTOWN CORRIDORS AND NEAR MAJOR TRANSPORTATION HUBS, ENCOURAGING FOOT TRAFFIC, BUSINESS ACTIVITY, AND VERTICAL DEVELOPMENT. THE C-3 ZONE PROMOTES A VIBRANT URBAN SETTING WITH GROUND-FLOOR COMMERCIAL USES AND UPPER-LEVEL OFFICES OR RESIDENTIAL UNITS, MAKING IT IDEAL FOR BOTH INVESTORS AND END USERS SEEKING STRONG VISIBILITY AND ACCESSIBILITY.
- 24 Hour Access
- Fenced Lot
- Security System
- Drive Thru
- Smoke Detector
Nearby Major Retailers
Presented by
399 Mccarter Hwy
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