Property profile

540 Broad St Newark, NJ 07102

OFF-MARKET
Retail properties & Spaces
125,000 SF
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Property summary

AI-generated overview

This exceptional Class A commercial property, located at 540 Broad Street in Newark, New Jersey, offers a unique opportunity for businesses seeking executive office space. The building boasts a total of 125,000 square feet, encompassing a mix of retail and office space. Currently, there are two available suites, perfect for businesses requiring between 2,733 and 4,500 contiguous square feet. The minimum divisible space is 2,733 square feet, providing flexibility for various business needs. The building's prime location in Essex County, with easy access to major transportation routes, makes it an ideal choice for companies seeking a central and convenient location. The building is classified as Class A, reflecting its high-quality construction, modern amenities, and desirable location. A total of 7,233 square feet is currently vacant, presenting a significant opportunity for immediate occupancy. The property's mixed-use nature, combining retail and office space, offers a dynamic and vibrant environment. This is an excellent opportunity to establish a presence in a thriving downtown Newark location. The address is 540 Broad Street, Newark, NJ 07102. The property is easily accessible via major transportation networks. This listing presents a rare chance to secure premium office space in a highly sought-after area.

Property profile

Verified
Property type Retail properties & Spaces
Total area 125,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Apartment Complex Apartment Building
  • Tutoring Service
  • Big Box & Wholesale Store
  • Civil Engineer
  • Garden Center

Location

540 Broad St Newark, NJ 07102
Newark metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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