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    579 Broad St Newark, NJ 07102

    Sponsored
    For Lease
    Contact for pricing

    Prime Newark retail, multiple suites available.

    Lot size:
    4,411 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail opportunity is located at 579 Broad Street in Newark, New Jersey, within the historic Kislak Building, now a vibrant mixed-use development. The property offers a total of 4,411 square feet of retail space, currently entirely vacant and available for lease. The space is divisible into multiple suites, with a minimum leasable area of 720 square feet and a maximum contiguous space of 1,996 square feet. The building features three total suites, providing flexibility for various retail concepts, from smaller boutiques to larger establishments. The address is highly visible on Broad Street in Essex County, offering excellent exposure to significant foot traffic and vehicular traffic. This first-floor location within a mixed-use building provides a unique opportunity to establish a thriving retail presence in a dynamic Newark neighborhood. The zip code is 07102. The property's prime location and flexible space options make it an ideal choice for businesses seeking a prominent presence in a revitalized area of Newark. This is a rare chance to secure a substantial retail footprint in a landmark building. Contact us today to learn more about leasing options and to schedule a viewing.

    Property Features for 579 Broad St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,411 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    720 SF
    Space
    Available Space
    Size
    1,996 SF
    Space
    Available Space
    Size
    1,695 SF

    HighLights

    • 4,411 square feet of vacant retail space available for lease at 579 Broad Street, Newark, NJ 07102.
    • Space is divisible into multiple suites, ranging from 720 to 1,996 square feet.
    • Located on Broad Street in the historic Kislak Building, a vibrant mixed‑use development.
    • High visibility location with excellent foot and vehicular traffic.
    • First‑floor space offers a prominent retail presence in a revitalized Newark neighborhood.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    Essex
    State
    New Jersey
    Longitude
    -74.1697848
    Latitude
    40.7414074

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    FAQs

    What type of property is this?
    Retail property - Prime Newark retail, multiple suites available.
    Where is this retail property located?
    The property is located at 579 Broad St Newark, NJ.
    What are key features of this property?
    This property features: 4,411 square feet of vacant retail space available for lease at 579 Broad Street, Newark, NJ 07102.; Space is divisible into multiple suites, ranging from 720 to 1,996 square feet.; Located on Broad Street in the historic Kislak Building, a vibrant mixed-use development.
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    579 Broad St Newark, NJ 07102
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    Newark, NJ 07102
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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
    579 Broad St Newark, NJ 07102
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