Newark, NJ Retail Space for Lease
Browse 33 listing(s) for retail spaces across Newark, NJ.
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141-149 Market St, Downtown Newark, Newark, NJ
Retail Space Lease Types in Newark, NJ
The most common type of lease agreement you’ll find here is Modified Gross, with 2 space(s) available under this type of arrangement. The local market is also home to 1 retail space(s) offered under a NNN lease agreement type.
Most Common Type of Lease for Retail Buildings in Newark, NJ
- Modified Gross 2
- NNN 1
Average Size of Retail Space for Lease in Newark, NJ
The average size for this type of rental opportunity in Newark is 1,000 sqft to 2,500 sqft. Currently, the local market offers 17 listing(s) within that size range. You can also search 17 listing(s) in the more than 5,000 sqft range. It should be noted that spaces in this real estate category are generally specialized to cater to the needs of a particular business, so the average sizes of different retail space types can vary greatly.
Retail Space Types You Can Lease in Newark, NJ
Retail space in Newark comes in all types, shapes, and sizes, so you have a good chance to find the right space for your business. The most common type here is listed as Restaurant and you can find 1 such space(s) available.
Restaurant spaces listed for rent here have an average size of 8,000 square feet. Retail space specialized for restaurants usually includes ample seating areas and enough room for the safe preparation of food. Restaurant spaces may be embedded in a larger mall or can be freestanding buildings.
However, besides these popular subtypes, the market has a lot to offer for entrepreneurs looking for the right space to promote their business and get their goods to customers.
Top Locations to Lease Retail Space in Newark, NJ
In general, the most successful retail businesses are located within relatively close proximity of each other, which leads to some neighborhoods becoming famous shopping destinations. Even in the case of suburban strip malls, the simple fact that so many different products can be purchased under the same roof can encourage customers to spend more.
Downtown Newark is your top choice for lease opportunities, as it is currently home to the highest number of listings — 64 retail space(s). The most popular space type here is Restaurant. You can find 1 such listing(s) here.
Newark’s second most popular area is North Ironbound, where you can find 4 retail listing(s).
South Broad Valley is also among the best areas to search for your next commercial space. Here you can find 3 retail space(s) available for consideration by prospective tenants.
Top Locations to Lease Retail Space in Newark, NJ
Downtown Newark
64
North Ironbound
4
South Broad Valley
3
Weequahic
3
Springfield - Belmont
2
Key Factors to Consider When Choosing a Retail Space for Lease
When you’re looking to give your business a storefront, there are a lot of decisions to be made. The first choice is, of course, location. You’ll have to decide whether your business would operate better in the heart of the city or if it is more likely to thrive in a suburban setting.
Data based on retail spaces listed for rent on CommercialSearch.com
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