new retail exclusive for lease property name/title 250 ... · cushman & wakefield copyright...

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FOR LEASE Property Name/Title City, State NEW RETAIL EXCLUSIVE 250 Central Avenue Newark, New Jersey One Meadowlands Plaza, 7 th Floor East Rutherford, NJ 07073 cushmanwakefield.com For more information, please contact: PROPERTY INFO University Heights neighborhood of Newark Turn-key restaurant space with hood and ventilation in place Located at the base of University Centre 850-bed unaffiliated student housing building Across the street from NJIT campus 11,446 students; 540 faculty 2 blocks from Rutgers – Newark campus 12,321 students; 1,400 faculty Two blocks from Saint Michaels Medical Center 358 beds – regional hospital David Townes Senior Director Retail Brokerage +1 917 993 5515 david.townes @cushwake.com Adjacent to the Newark Light Rail Norfolk Street station 1 MILE 3 MILES 5 MILES Total Population 50,038 419,809 736,496 Day Population 112,480 416,621 660,600 Median HHI $29,724 $38,597 $47,583 Space Available: 1,953 sf Retail Rent: Upon Request NEIGHBORING TENANTS DEMOGRAPHICS 32’ 9” frontage Your Sign Here

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Page 1: NEW RETAIL EXCLUSIVE FOR LEASE Property Name/Title 250 ... · Cushman & wakefield copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeneof

FOR LEASE

Property Name/TitleCity, State

NEW RETAIL EXCLUSIVE250 Central Avenue Newark, New Jersey

Cushman & wakefield copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.

One Meadowlands Plaza, 7th FloorEast Rutherford, NJ 07073

cushmanwakefield.com

For more information, please contact:

PROPERTY INFO

• University Heights neighborhood of Newark

• Turn-key restaurant space with hood and ventilation in place

• Located at the base of University Centre

• 850-bed unaffiliated student housing building

• Across the street from NJIT campus11,446 students; 540 faculty

• 2 blocks from Rutgers – Newark campus12,321 students; 1,400 faculty

• Two blocks from Saint Michaels Medical Center 358 beds – regional hospital

David Townes Senior Director Retail Brokerage +1 917 993 5515 [email protected]

Adjacent to the Newark Light RailNorfolk Street station

1 MILE 3 MILES 5 MILES

Total Population 50,038 419,809 736,496

Day Population 112,480 416,621 660,600

Median HHI $29,724 $38,597 $47,583

Space Available: 1,953 sf RetailRent: Upon Request

NEIGHBORING TENANTS

DEMOGRAPHICS

32’ 9” frontage

Your Sign Here

Page 2: NEW RETAIL EXCLUSIVE FOR LEASE Property Name/Title 250 ... · Cushman & wakefield copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeneof

FOR LEASE

Property Name/TitleCity, State

NEW RETAIL EXCLUSIVE250 Central Avenue Newark, New Jersey

Cushman & wakefield copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.

Cushman & Wakefield Copyright 2018. The information contained in this communication is confidential, may be privileged and is intended for the exclusive use of the above named addressee(s). If you are not the intended recipient(s), you are expressly prohibited from copying, distributing, disseminating, or in any other way using any information contained within this communication. If you have received this communication in error please contact the sender by telephone or by response via e-mail. We have taken precautions to minimize the risk of transmitting software viruses, but we advise you to carry out your own virus checks on any attachment to this message. We expressly disclaim liability for any loss or damage caused by software viruses. FURTHERMORE, NO WARRANTY OR REPRESENTATION, EXPRESS OR IMPLIED, IS MADE TO THE ACCURACY OR COMPLETENESS OF THE INFORMATION CONTAINED HEREIN, AND SAME IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS, WITHDRAWAL WITHOUT NOTICE, AND TO ANY SPECIAL LISTING CONDITIONS IMPOSED BY THE PROPERTY OWNER(S). AS APPLICABLE, WE MAKE NO REPRESENTATION AS TO THE CONDITION OF THE PROPERTY (OR PROPERTIES) IN QUESTION.

1,953 SF Retail Space

FLOOR PLAN

Former

Page 3: NEW RETAIL EXCLUSIVE FOR LEASE Property Name/Title 250 ... · Cushman & wakefield copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeneof

FOR LEASE

Property Name/TitleCity, State

NEW RETAIL EXCLUSIVE250 Central Avenue Newark, New Jersey

Cushman & wakefield copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.

Cushman & Wakefield Copyright 2018. The information contained in this communication is confidential, may be privileged and is intended for the exclusive use of the above named addressee(s). If you are not the intended recipient(s), you are expressly prohibited from copying, distributing, disseminating, or in any other way using any information contained within this communication. If you have received this communication in error please contact the sender by telephone or by response via e-mail. We have taken precautions to minimize the risk of transmitting software viruses, but we advise you to carry out your own virus checks on any attachment to this message. We expressly disclaim liability for any loss or damage caused by software viruses. FURTHERMORE, NO WARRANTY OR REPRESENTATION, EXPRESS OR IMPLIED, IS MADE TO THE ACCURACY OR COMPLETENESS OF THE INFORMATION CONTAINED HEREIN, AND SAME IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS, WITHDRAWAL WITHOUT NOTICE, AND TO ANY SPECIAL LISTING CONDITIONS IMPOSED BY THE PROPERTY OWNER(S). AS APPLICABLE, WE MAKE NO REPRESENTATION AS TO THE CONDITION OF THE PROPERTY (OR PROPERTIES) IN QUESTION.

1,953 SF Retail Space

• Close proximity to NJIT, Rutgers Law School, Essex County College, Newark Museum, New Jersey Performing Arts Center & Prudential Tower

• Heavy foot traffic on Central Ave & Lock Street

• High Traffic - Central Ave (12,800 cars per day)

160 units

358 beds

1,000 employees

3,000 employees

2,000 units

2M sf class A office100k sf retail

11,000 students

Student Housing850 beds

AREA MAPUniversity Heights

11,446 students540 faculty

12,321 students620 faculty

519 beds

375 students

Light Rail StationNorfolk Street