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    2086 Newpark Mall Rd Newark, CA 94560

    Sponsored
    For Lease
    $50 SF/Yr

    Bay Area Fitness Center - 1398 sq ft

    Lot size:
    1,398 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 1,398 square foot retail space, located at 2086 Newpark Mall Road in Newark, Alameda County, presents a unique opportunity within a thriving Bay Area submarket. Situated inside an established and operational 24 Hour Fitness gym, this single-tenant space is ideally suited for a variety of health and wellness businesses. Potential uses include, but are not limited to: martial arts, Brazilian Jiu Jitsu, kickboxing, boxing, self-defense instruction, physical therapy, sports rehabilitation, chiropractic services, therapeutic massage, grappling, drip therapy, weight loss advisory services and related programs, health diagnostic screening and testing, and the sale of sports, health, and wellness products and accessories, including workout apparel. The landlord will consider other complementary fitness and sports-related uses. Please note that uses involving on-site food and beverage preparation, pole dancing classes, or those requiring significant construction or utility upgrades are not permitted. Rent includes common area maintenance, property taxes, and utilities (excluding phone, cable, and internet). This turnkey space offers immediate occupancy and significant potential for growth within a high-traffic fitness environment. The property is conveniently located in the Newpark Mall area, providing excellent visibility and accessibility.

    Property Features for 2086 Newpark Mall Rd

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,398 SF

    Unit(s) available at that property

    Space
    Size
    1,398 SF
    Rate per SF
    $50

    HighLights

    • 1,398 sq. ft. retail space in a single‑tenant fitness center.
    • Located in Newark, Alameda County, within the Bay Area submarket.
    • Suitable for various health and wellness uses, including martial arts, physical therapy, and related services.
    • No food/drink preparation, pole dancing, or extensive construction allowed.
    • Rent includes CAM, taxes, and utilities (excluding phone/cable/internet).
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Newark
    County
    Alameda
    State
    California
    Longitude
    -122.00289541173
    Latitude
    37.52605529175

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    FAQs

    What type of property is this?
    Individual retail property - Bay Area Fitness Center - 1398 sq ft
    Where is this individual retail property located?
    The property is located at 2086 Newpark Mall Rd Newark, CA.
    What is the lease rate?
    The lease rate is $50 SF/Yr.
    What are key features of this property?
    This property features: 1,398 sq. ft. retail space in a single-tenant fitness center.; Located in Newark, Alameda County, within the Bay Area submarket.; Suitable for various health and wellness uses, including martial arts, physical therapy, and related services.
    Request Owner's contact information
    2086 Newpark Mall Rd Newark, CA 94560
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    Newark, CA 94560
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    Realmo Value Estimation

    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.

    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.

    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
    2086 Newpark Mall Rd Newark, CA 94560
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