650 McKinley Ave Listing Details & Market Data

Conveniently located .3 miles from the St Rt 16 and O’Bannon overpass. Just 1.8 miles East of downtown Newark, 650 McKinley Ave, is in the perfect industrial district for a wide array of commercial or industrial needs. The 50ft x 100ft (pole barn construction) has 16 ft ceilings in the back portion and 8.5ft drop ceilings in the front and concrete floors throughout. The back portion of the building boasts nearly 3,000SF of open space plus a 320SF loft with a natural gas forced air furnace. This space is accessible from a single 14ft overhead door at the North East corner and 2 man doors on either side of the building. The concrete pad just outside the overhead door is connected to a loading dock. Located off the back of the building is a 50ft wide and 18ft deep fenced in lean-to with gates on either side and 12ft sloped ceiling. This lean-to is accessible from the back portion of the building via a man door. The front portion of the building is climate controlled and has what was used as a showroom totaling just over 1,100SF. Attached are 3 offices (120SF each), a bath/utility room with a floor drain, and a larger mechanical/storage room. Outside there is a 20ft wide concrete pad that runs along the West side of the building from McKinley Ave to the depth of the building. Along the entire front of the building there is a concrete pad that stretches from McKinley Ave to the building and offers plenty of parking for either employees or drive up customers. The front and back portions are separated by a set of double doors. The spaces can be separated which would allow for multiple tenants. Offices and showrooms are in need of paint and new flooring. Owner can build to suite for future tenants. Tenants must use Owner approved contractor to perform any updates. Owner is asking for a 3 to 5 year Modified Gross Lease. Current tenant is on a month to month lease so the building can be available within 1 a month's notice.