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Premier Restaurant Space for Lease – 245 Newark Avenue, Downtown Jersey City
Overview
Nestled in the heart of downtown Jersey City, 245 Newark Avenue offers an exceptional opportunity for restaurateurs looking to make a mark in this vibrant community. This prime restaurant space, approximately 10,000 sqft, is now available for lease at an attractive rate of $45 per square foot per year. Enhancing this rare opportunity is an available liquor license, which can be rented separately, setting the stage for a bustling dining and entertainment venue.
$45.00 /SF/YR
245-247 Newark Ave has a large commercial retail storefront on the busy street Newark Avenue in Downtown Jersey City. The space has 100′ of store frontage on Newark Ave and is split between two levels, a first floor and a mezzanine. The first floor has double height ceilings…
- Downtown Location
- Open Plan
- Double Height Ceilings
| Rental Rate: | $45.00 /SF/YR |
| Property Type: | Retail |
| Property Subtype: | Restaurant |
| Gross Leasable Area: | 10,200 SF |
| Year Built: | 2019 |
| Walk Score ®: | 99 (Walker’s Paradise) |
| Transit Score ®: | 78 (Excellent Transit) |
| Rental Rate Mo: | $3.75 /SF/MO |
1st Floor
| Space Available | 10,200 SF |
| Rental Rate | $45.00 /SF/YR |
| Date Available | Now |
| Service Type | Triple Net (NNN) |
| Built Out As | Restaurants And Cafes |
| Space Type | Relet |
| Space Use | Retail |
| Lease Term | 5 Years |
Space can be divisible. ~6,000 sqft on ground floor and ~4,000 sqft on a mezzanine with attached stair.Space already has an attached liquor license. Inquire for more details
Key Features:
- Size: Approximately 10,000 sqft, perfect for a spacious dining area, bar, and additional amenities.
- Liquor License: Available for rent separately, offering a lucrative opportunity to enhance your dining experience and increase profitability.
- Existing Facilities: The space includes a fully equipped kitchen, walk-in box, and freezer, allowing for a seamless transition and start-up process.
- Tenant Improvement Assistance: The landlord is committed to supporting the tenant’s vision by offering assistance with tenant improvements. The premises will be delivered as a “gray box,” providing a blank canvas to design your ideal restaurant layout and interior.
- Location: Situated at 245 Newark Avenue, this property is in a bustling area of downtown Jersey City, surrounded by shops, offices, and residential buildings, ensuring a steady flow of potential customers.
Opportunity Highlights:
This leasing opportunity is ideal for experienced restaurateurs and ambitious culinary entrepreneurs ready to bring their vision to life in a dynamic urban setting. With a generous space, the flexibility of a separate liquor license, and landlord support for custom improvements, this venue offers the foundation for creating a standout establishment in Jersey City’s thriving dining scene.
Why Choose 245 Newark Avenue?
- Vibrant Location: Downtown Jersey City is a melting pot of cultures and cuisines, offering a rich market of food enthusiasts and culinary explorers.
- Flexible Design Potential: The “gray box” delivery allows you to design and customize the space to your exact specifications and brand identity.
- Liquor License Advantage: The option to rent a liquor license separately is a game-changer, providing an additional revenue stream and the ability to offer a full-service dining experience.
Leasing Information:
To explore this unparalleled leasing opportunity at 245 Newark Avenue and take the first step towards launching your dream restaurant in Jersey City, please contact our commercial leasing team today. We are ready to support you in navigating the lease process and discussing how we can meet your business needs. Don’t miss out on positioning your restaurant in one of Jersey City’s most sought-after addresses.
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