Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Turnkey Restaurant Space Near Mall Title is generated by Realmo AI

    5900 Newpark Plz, Newark, CA

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Restaurant space available in mixed-use development near NewPark Mall.

    Type:RETAIL
    Property size:
    3,936 SF
    Lot size:
    2.59 Acres
    Added:
    Nov 25, 2025
    Days on Market:
    172
    Last Refresh:
    Apr 5 at 9:15 pm

    Property Features for 5900 Newpark Plz

    General Information

    Standard status
    Active
    Size
    3,936 SF
    Lot size
    2.59 Acres
    Property subtype
    RETAIL

    Spaces For Lease

    at 5900 Newpark Plz Contact us

    We can help!

    Listing Contact
    Chris Santana

    Listing agent Chris Santana

    Listing office NAI | Northgate

    Listing date Nov 25, 2025

    Source Moodyscre

    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 NAI | Northgate

    HighLights

    • Turnkey, end cap restaurant available.
    • Outparcel to the NewPark Mall, across from the new Costco and Homewood Suites.
    • Located at a primary signalized intersection to the mall.
    • Site is included in the NewPark Place Specific Plan.
    • Specific Plan is converting the area into a mixed‑use, walkable district.
    • NewPark Place Specific Plan includes new hotels, apartments, streets, parks, and services.

    Overview

    This 3,936 square-foot restaurant space is an end cap location situated as an outparcel to the NewPark Mall. The property is located across from a new Costco and Homewood Suites at a primary signalized intersection leading to the mall. The site is part of the NewPark Place Specific Plan, which aims to transform the mall and surrounding parcels into a mixed-use, walkable district featuring new hotels, apartments, streets, parks, and services. This is a turnkey restaurant opportunity.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Turn key restaurants

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    Alameda
    State
    California
    Longitude
    -122.001
    Latitude
    37.523

    Nearby Similar for Lease

    • $129-$10,546/Mo
      11-1,292 SF

      Balentine

      39899 Balentine Dr, Unit 200, Newark, CA 94560
      View Details
    • $1.50 SF/Yr
      10,000 SF

      Functional Warehouse Near Highway 84

      5,000 SF warehouse space with easy access to East Bay.
      Newark, CA 94560
      View Details
    • $1.60 SF/Yr
      3,385 SF

      Newark Retail/Showroom Space Available

      Retail/showroom space with frontage on Cedar Boulevard.
      37420 Cedar Blvd, Newark, CA
      View Details
    • Contact for pricing
      52,000 SF

      Spacious Office Sublease Opportunity

      52,000 SF office space available for sublease.
      7575 Gateway Blvd., Neward, California 94560
      View Details
    • $1.50 SF/Yr
      10,000 SF

      Functional Warehouse Near Highway 84

      5,000 SF warehouse space with easy access to East Bay.
      35263-35325 Fircrest Street, Newark, CA 94560
      View Details
    • Contact for pricing
      48,960 SF

      Industrial Space Near Fremont Station

      48,960 SF industrial space for lease near Fremont Station.
      8652 Thornton Avenue, Newark, CA 94560
      View Details
    • $23 SF/Yr
      1,606 SF

      Office and Industrial Units Available

      Remodeled office and industrial units with highway access.
      37100-37920 Central Ct, Newark, CA
      View Details
    • Contact for pricing
      30,000 SF

      Industrial Space with Office

      Industrial space with office component, available June 1, 2024.
      8610 Thornton Avenue, Newark, CA 94560
      View Details
    • Contact for pricing
      53,259 SF

      Renovated Stand-Alone Building

      Renovated 53,259 SF stand-alone building available for lease.
      8100 Jarvis Avenue, Newark, CA, 94560
      View Details
    • Contact for pricing
      7,000 SF

      Enterprise Drive Flex Space Available

      Flex space available near Dumbarton Bridge/Menlo Park.
      7730 Enterprise Drive, Newark, CA, 94560
      View Details
    • Contact for pricing
      20,000 SF

      Industrial Space Near Fremont Station

      Industrial space for lease near Fremont Station, available December 1, 2023.
      8678 Thornton Avenue, Newark, CA 94560
      View Details
    • $1.60 SF/Yr
      1,712 SF

      Flex Space Available For Lease

      Flex space featuring a reception area, private office, and restroom.
      37350 Cedar Blvd, Newark, CA
      View Details

    FAQs

    What type of property is this?
    Turn key restaurant - Restaurant space available in mixed-use development near NewPark Mall.
    Where is this turn key restaurant located?
    The property is located at 5900 Newpark Plz Newark, CA.
    What are key features of this property?
    This property features: Turnkey, end cap restaurant available.; Outparcel to the NewPark Mall, across from the new Costco and Homewood Suites.; Located at a primary signalized intersection to the mall.
    (209) 477-4400 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Chris Santana
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    5900 Newpark Plz, Newark, CA
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!