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Sprouts Center 6347-6397 Jarvis Ave
1,200 - 2,400 SF of Retail Space Available in Newark, CA 94560
Highlights
- Grocery anchored shopping center with abundant parking
- Densely populated trade area with a median income over $135,000
- Sprouts Center features long standing tenants and rare vacancy
- Located at one of Newark's busiest intersection (over 50,000 cars per day)
- Large daytime employment population of over 93,000 within 3 miles
- Located directly off of Hwy 84 (83,000 cars per day)
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,200-2,400 SF | Negotiable | $46.78 CAD/SF/YR $3.90 CAD/SF/MO $503.50 CAD/m²/YR $41.96 CAD/m²/MO $9,355 CAD/MO $112,264 CAD/YR | Triple Net (NNN) |
6231-6299 Jarvis Ave - 1st Floor
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Densely populated area
- Large parking lot
- Located directly off of Hwy 84 (83,200 ADT)
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 Sprouts Center
- Tenant
- Description
- US Locations
- Reach
- Anytime Fitness
- Fitness
- 3,212
- International
- Burger King
- Fast-food
- 9,125
- International
- Chase Bank
- Bank
- 7,728
- National
- Jiffy Lube
- Auto Maintenance/Oil Change
- 2,528
- International
- Sprouts Farmers Market
- Supermarket
- 595
- National
- Tasty Pot
- Restaurant
- 1
- -
| Tenant | Description | US Locations | Reach |
| Anytime Fitness | Fitness | 3,212 | International |
| Burger King | Fast-food | 9,125 | International |
| Chase Bank | Bank | 7,728 | National |
| Jiffy Lube | Auto Maintenance/Oil Change | 2,528 | International |
| Sprouts Farmers Market | Supermarket | 595 | National |
| Tasty Pot | Restaurant | 1 | - |
PROPERTY FACTS FOR 6347-6397 Jarvis Ave , Newark, CA 94560
About the Property
Grocery anchored shopping center directly off of Hwy 84. Densely populated trade area.
Nearby Major Retailers
-
Andrew Reeder -
Spruce CRE Advisors, Inc.
Presented by
Sprouts Center | 6347-6397 Jarvis Ave
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