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    OFF-MARKET
    Retail properties & Spaces

    625 Broad St, Newark, NJ 07102

    400,000 SF
    Property ID
    Property summary
    AI-generated overview

    This 4,388 square foot Class A office sublease in Newark, NJ, is located in a prominent downtown building at 625 Broad Street. The building boasts a modern glass-and-steel design, offering a sleek aesthetic and several stories of commercial office space. Its central location provides easy access to Newark Penn Station and Newark Broad Street Station, offering convenient public transportation via Amtrak, NJ Transit, and PATH trains. Nearby attractions include Military Park, Prudential Center, NJPAC, restaurants, banks, hotels, and cultural institutions like the Newark Museum of Art. The building is also conveniently situated near Rutgers University-Newark and Seton Hall University School of Law. The interior features modern amenities such as conference rooms, a lobby area, and elevators. The building has undergone renovations to maintain its contemporary appeal and functionality, including upgrades to interior design, energy efficiency, and technological infrastructure. Modern security systems, including controlled access and surveillance, ensure the safety of occupants and visitors. This sublease presents a unique opportunity to secure high-quality office space in a vibrant and well-connected urban setting. The total building size is 400,000 square feet, and the space is available as a single tenancy. The property is located in Essex County.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 400,000 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
    Current use
    Occupant on record · Public records
    • J. Scota Designs (Bike/Boat/Book/etc) Store
    • CoolVines Newark (Bike/Boat/Book/etc) Store Wine and Liquor Store
    • New Jersey Early Childhood Professional Institute Training Center Vocational School
    • Simple Financial Agency Insurance Agency
    • Empowered Career Training Academy Training Center
    Value estimations
    Realmo proprietary · 4 methods
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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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