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Palms on Central 5454 Central Ave

1,487 SF of Retail Space Available in Newark, CA 94560

Highlights

  • Over 2,000 New Residential Units in the Pipeline
  • Easy Access to I-880 and Hwy 84/Dumbarton Bridge
  • Newark is One of the Fastest Growing Cities in California

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor, Ste 5486
  • 1,487 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • TBD
5480-5498 Central Ave - 1st Floor - Ste 5486
Space Use
Retail
Condition
Full Build-Out
Availability
January 01, 2025

Second Generation restaurant with Type 1 Hood

  • Fully Built-Out as a Restaurant or Café Space
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Display Window
Space Size Term Rental Rate Rent Type
1st Floor, Ste 5486 1,487 SF Negotiable Upon Request Upon Request Upon Request Upon Request TBD

5480-5498 Central Ave - 1st Floor - Ste 5486

Size
1,487 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
TBD
Space Use
Retail
Condition
Full Build-Out
Availability
January 01, 2025

Second Generation restaurant with Type 1 Hood

  • Fully Built-Out as a Restaurant or Café Space
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Display Window

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

SELECT TENANTS AT Palms on Central

  • Tenant
  • Description
  • US Locations
  • Reach
  • Bengal Tiger Food
  • Supermarket
  • 1
  • Local
  • Flaming House
  • Restaurant
  • 1
  • -
  • I Salon
  • Salon/Barber/Spa
  • -
  • -
  • Joyful Smile Family Dentistry
  • Health Care and Social Assistance
  • 1
  • -
  • OK Noodle
  • Restaurant
  • 1
  • -
Tenant Description US Locations Reach
Bengal Tiger Food Supermarket 1 Local
Flaming House Restaurant 1 -
I Salon Salon/Barber/Spa - -
Joyful Smile Family Dentistry Health Care and Social Assistance 1 -
OK Noodle Restaurant 1 -

PROPERTY FACTS FOR 5454 Central Ave , Newark, CA 94560

Center Type Strip Center
Parking 151 Spaces
Stores 12
Center Properties 2
Frontage
355’ on Central
  • 242’ on Timber
Gross Leasable Area 30,057 SF
Total Land Area 2.03 AC
Year Built 2008

Features and Amenities

  • Signage

Nearby Major Retailers

Nespresso
Bank of America
CrossFit
Grocery Outlet
Citi
BJ's Restaurant & Brewhouse
Applebee's
Starbucks
Denny's
L & L Hawaiian Barbecue
  • Listing ID: 18961726

  • Date on Market: 10/22/2024

  • Last Updated:

  • Address: 5454 Central Ave, Newark, CA 94560

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