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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

59-65 Mcwhorter St Newark, NJ 07105

130,000 SF
Property ID
Property summary
AI-generated overview

This exceptional commercial property, located at 59-65 McWhorter Street in Newark, New Jersey, presents a unique investment opportunity. The property encompasses a substantial 130,000 square feet of retail and restaurant space, situated on a 0.4-acre lot. Currently, there is 3,926 square feet of vacant space available, ideal for a variety of businesses seeking a high-visibility location in a bustling area. The building's multiple tenancy structure offers flexibility and potential for diverse income streams. The property's address is 59-65 McWhorter Street, Newark, NJ 07105, providing easy access to major transportation routes and a dense population base. This prime location offers significant foot traffic and visibility, making it an attractive proposition for businesses seeking to establish or expand their presence in the Newark market. The available 3,926 square feet of vacant space presents a chance to customize the space to meet specific business needs. With its substantial size and strategic location, this property is well-suited for a variety of retail and restaurant concepts. The property's overall size and multiple tenancy structure provide a solid foundation for long-term growth and profitability. Serious inquiries are encouraged to explore this exciting opportunity further.

Property profile
Verified
Property type Retail properties & Spaces
Total area 130,000 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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