Newark, NJ Conventional Restaurants for Lease
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Conventional restaurants for Lease in Nearby Cities
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Newark, NJ Conventional restaurants Lease Rates & Market Statistics
Browse 4 Conventional restaurants for lease in Newark, NJ on Realmo, a commercial real estate marketplace serving the Newark area. The current inventory totals 3,369 square feet of properties.
Asking lease rates for Conventional restaurants in Newark start at $36.92 SF/Yr, average $36.92 SF/Yr, and reach $36.92 SF/Yr at the top of the market. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. At $36.92 SF/Yr, the local average runs 33% above New Jersey's state average of $27.71 SF/Yr.
Newark accounts for 36% of the 11 conventional restaurants currently available across Essex County, where nearby markets include Montclair and Caldwell. Conventional restaurants are one of the more limited space types in Newark, with just 4 listings currently available — a scarcity worth factoring into lease negotiations. Tenants comparing options may also consider Other restaurants (5 listings) elsewhere in the Newark market.
