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5410-5498 Central Avenue, Newark, CA 94560
Fully leased retail property with multiple occupants in Newark, California.
Property SizeContact for details
Days on Market144
Property Features for 5410-5498 Central Avenue
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
Corfac International San Jose
Listed By:
Matt Perez · License #02017798
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 30 at 11:21PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Corfac International San Jose
Investment Insights
Based on property information with market context.
Palms on Central is a shopping center comprising multiple retail occupancies and is currently fully leased. The property is identified as a multi-tenant retail center, offering an established commercial configuration rather than a single-occupant format.
The center is located at 5410-5498 Central Avenue in Newark, California, within the 94560 ZIP code. Its address places the property along Central Avenue in the City of Newark. Financial information provided for the asset includes a 5.9% cap rate, with a stated increase to 6.1% in January 2020.
The center is located at 5410-5498 Central Avenue in Newark, California, within the 94560 ZIP code. Its address places the property along Central Avenue in the City of Newark. Financial information provided for the asset includes a 5.9% cap rate, with a stated increase to 6.1% in January 2020.
Key Highlights
- Fully leased multi‑tenant retail center
- Located at 5410‑5498 Central Avenue, Newark, CA 94560
- Shopping center with multiple retail occupancies
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
625
Businesses Nearby
19k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 70%
Dining 30%
Chevron
Shops & Services
7,868 visits/mo
0.5 miles
Round Table Pizza
Dining
4,155 visits/mo
0.5 miles
Napa Auto Parts
Shops & Services
1,705 visits/mo
0.2 miles
SUBWAY
Dining
1,474 visits/mo
0.5 miles
Public Storage
Shops & Services
1,416 visits/mo
0.4 miles
Demographics for 94560, CA
47,533
Population
15,897
Households
3
Avg Household Size
37
Median Age
47%
College-Educated
90%
High-School Grad
20.1 sq mi
ZIP Area
2,365
Density / Sq Mi
$164,909
Median Household Income
$73,859
Median Earnings
$2,730
Median Rent
$1,094,200
Median Home Value
Market
Vacancy Rate% for Retail in West region
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Similar Off Market Nearby
- On the way — 5398-5300 Selma Ave, Fremont, CA 94536
- Newark Square — Thornton Ave, Newark, CA 94560
Frequently Asked Questions
What type of property is this?
Shopping center - Fully leased retail property with multiple occupants in Newark, California.
Where is this shopping center located?
The property is located at 5410-5498 Central Avenue Newark, CA.
What are key features of this property?
This property features: Fully leased multi‑tenant retail center; Located at 5410‑5498 Central Avenue, Newark, CA 94560; Shopping center with multiple retail occupancies
