Military Park Building - Office Space Availability

For Lease$28/Sqft/Year See below for details.

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/Year.

There are 87 office spaces for lease in the Downtown Newark neighborhood, totaling 2,130,586 Sqft of available office space. The office space availability for the 07102 zip code is 2,130,586 Sqft, in 87 office spaces. The average asking office rent per sq. ft. in Downtown Newark is $27.18/sqft/year. For Class A office buildings the average office rate is $30.36/sqft/year, for Class B office buildings the average office rate is $22.17/sqft/year.

In Downtown Newark, there are 21 class B office buildings. In Downtown Newark, there are a total of 2 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. At zip code level, there are 39 commercial properties, of which 39 are office buildings over 50,000 square feet.

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Nearby Properties

Details

  • Price $28/Sqft/Year
  • 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
  • Date Updated 25 Jun, 2020

Availability

Suite Name Space Type Lease Rate Space Available
Partial 1st Floor General Office $28/Sqft/Year 1,550 Sqft
  • Suite Partial 1st Floor
  • Space Type General Office
  • 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/Year
  • Possession Type Immediate
  • Lease Type Modified Gross
  • Lease Term From 5 Years
  • Renewal Option Yes
  • Sub Lease No

Exclusive Brokers

Jon A. Karnick Is this you?

Assurance Realty Group

(973) 642-4000

Andy Parella Is this you?

Assurance Realty Group

(973) 642-4000

Partial 1st Floor General Office $28/Sqft/Year 1,875 Sqft
  • Suite Partial 1st Floor
  • Space Type General Office
  • 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/Year
  • Possession Type Immediate
  • Lease Type Modified Gross
  • Lease Term From 5 Years
  • Renewal Option Yes
  • Sub Lease No

Exclusive Brokers

Jon A. Karnick Is this you?

Assurance Realty Group

(973) 642-4000

Andy Parella Is this you?

Assurance Realty Group

(973) 642-4000

FREQUENTLY ASKED QUESTIONS

How many office spaces are available at Military Park Building?

There are currently 2 office spaces in this building.

What is the largest space available at Military Park Building?

Currently, the largest rentable space at Military Park Building totals 1,875 square feet.

What is the lease rate of the largest space available?

The monthly lease rate for the largest space available at Military Park Building is $28/Sqft/Year per square foot.

What is the total square footage of Military Park Building?

Military Park Building totals 250,000 square feet.

When was this property built?

Military Park Building was built in 1925.

Downtown Newark Demographics

The average household income in zip code 07102 is $43,875, from a total of 5,079 households. In terms of employment, there are 76.61 % white-collar and 23.39 % blue-collar jobs in zip code 07102.

Population

  • Total Population13,382
  • Male Population(51.1 %) 6,841
  • Female Population(48.9 %) 6,541
  • Median Age32.30

Income/Financial

  • Average Household Income$43,875
  • Median Household Income$25,351
  • Median Income Under 25$25,707
  • Median Income 25-44$42,071
  • Median Income 45-64$31,071
  • Median Income Over 65$13,784

Leasing Contacts Register now to add listings

Jon A. Karnick Is this you?

Assurance Realty Group

(973) 642-4000

Andy Parella Is this you?

Assurance Realty Group

(973) 642-4000