Military Park Building - Space Availability

For Lease$28/Sqft/Yearly

60 Park Place, Newark, NJ 07102

  • Office
  • General Office
  • 3,425 Sqft

Military Park Building, Newark, NJ 07102 - Office Space for rent

Military Park Building is located at 60 Park Place in the Downtown Newark neighborhood, NJ, Newark, 07102. The Class B Office building was completed in 1925 and features a total of 250,000 Sqft. There are 2 Office spaces available for lease at 60 Park Place, Newark, NJ, 07102, totaling 3,425 Sqft. The largest space available has 1,875 Sqft and a rental rate of $28/Sqft/Yearly.

There are 138 office spaces for lease in the Downtown Newark neighborhood, totaling 3,002,842 Sqft of available office space. The office space availability for the 07102 zip code is 3,002,842 Sqft, in 138 office spaces. The average asking office rent per sq. ft. in Downtown Newark is $9.35/sqft/year. For Class A office buildings the average office rate is $10.53/sqft/year, for Class B office buildings the average office rate is $8.31/sqft/year.

In Downtown Newark, there are 21 class B office buildings. In Downtown Newark, there are a total of 3 LEED certified office buildings. In 1925, the same year Military Park Building was built, 3 more commercial properties (office, industrial, retail) over 50,000 square feet were built in Newark, featuring 350,000 square feet of commercial space.

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Details

  • Price $28/Sqft/Yearly
  • City Newark
  • Neighborhood Downtown Newark
  • Zip Code 07102
  • Market New Jersey
  • Property Type Office - General Office
  • Property Size 250,000 Sqft
  • Lot Size 0.56 Acre
  • Parking Spaces Avail. 1044
  • Parking Ratio 4.18/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1925

Availability

Suite Name Space Type Lease Rate Space Available
Partial 1st Floor Office $28/Sqft/Yearly 1,550 Sqft
  • Suite Partial 1st Floor
  • Space Type Office - General Office
  • Available From Tuesday, February 13, 2018
  • Total Space Available 1,550 Sqft
  • Floor From 1 To 1
  • Divisible Space No
  • Min Divisible 1,550 Sqft
  • Max Contiguous 1,550 Sqft
  • Lease Rate $28/Sqft/Yearly
  • Possession Type Immediate
  • Lease Type Modified Gross
  • Lease Term From 5 Years
  • Renewal Option Yes
  • Sub Lease No

Exclusive Brokers

Jon A. Karnick

Assurance Realty Group

(973) 642-4000

Andy Parella

Assurance Realty Group

(973) 642-4000

Partial 1st Floor Office $28/Sqft/Yearly 1,875 Sqft
  • Suite Partial 1st Floor
  • Space Type Office - General Office
  • Available From Tuesday, February 13, 2018
  • Total Space Available 1,875 Sqft
  • Floor From 1 To 1
  • Divisible Space No
  • Min Divisible 1,875 Sqft
  • Max Contiguous 1,875 Sqft
  • Lease Rate $28/Sqft/Yearly
  • Possession Type Immediate
  • Lease Type Modified Gross
  • Lease Term From 5 Years
  • Renewal Option Yes
  • Sub Lease No

Exclusive Brokers

Jon A. Karnick

Assurance Realty Group

(973) 642-4000

Andy Parella

Assurance Realty Group

(973) 642-4000

Downtown Newark Demographics

The average household income in zip code 07102 is $39,962, from a total of 4,762 households. In terms of employment, there are 77.90 % white-collar and 22.10 % blue-collar jobs in zip code 07102.

Population

  • Total Population12,986
  • Male Population(53.2 %) 6,908
  • Female Population(46.8 %) 6,078
  • Median Age32.00

Income/Financial

  • Average Household Income$39,962
  • Median Household Income$24,353
  • Median Income Under 25$20,625
  • Median Income 25-44$44,356
  • Median Income 45-64$29,013
  • Median Income Over 65$12,756

BROWSE OTHER PROPERTIES IN DOWNTOWN NEWARK

Check out the links below if you're interested in other types of properties for lease or for sale in Downtown Newark:

Broker Leasing Agents Register now to add listings

Jon A. Karnick

Assurance Realty Group

(973) 642-4000

Andy Parella

Assurance Realty Group

(973) 642-4000