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Ground-Floor Retail & Restaurant Space
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1 Center Street, Newark, NJ 10002

Ground-floor retail and restaurant space in a downtown Newark mixed-use development delivering Summer 2027.

Space Size3,329 SF - 5,555 SF
Property Size70,000 SF
Days on Market26

Property Features for 1 Center Street

General Information

Standard status Active
Size 3,329 SF - 5,555 SF
Property subtype Retail

Additional Details

Multifamily Units 350

Building Details

Building Size 70,000 SF
Year Built 2027
Tenancy Multiple

Spaces For Lease

at 1 Center Street Contact us

Zone A - Destination Retail

Size
5,555 SF
Type
Retail
Availability
Active
Contact us

Zone B - Full Service Restaurant

Size
4,749 SF
Type
Retail
Availability
Active
Contact us

Zone C - Fast Casual Restaurant

Size
3,329 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: Pierson Commercial Real Estate, LLC
Listed By: Ryan Starkman · License #NJ 1432903
Source: Crexi
Added: Jul 17 Changed: Aug 8 Last Checked: Aug 10 at 3:28AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Pierson Commercial Real Estate, LLC

Investment Insights

Based on property information with market context.

This listing offers ground-floor retail and restaurant space within ArtSide, a mixed-use development set to transform NJPAC’s 12-acre campus into an arts-infused district. The project includes 350 residential units above and a redesigned four-season plaza supporting daily activity within the development.

The site is described as being steps from NJPAC in Downtown Newark’s Arts & Education District. ArtSide is positioned to deliver a concentrated retail and restaurant offering tied to the redevelopment of the NJPAC campus.

Scheduled delivery is Summer 2027.

Key Highlights

  • Ground‑floor retail and restaurant space in a downtown Newark mixed‑use development
  • Planned delivery is Summer 2027
  • Year built: 2027

Property Analytics

Current Use

Levy and Associates, Inc. Accounting Firm Solucion Software Corporation. (Bike/Boat/Book/etc) Store New Jersey Performing ... Theater & Performing Art Venue New Jersey Speakers ... Association / Organization Troutman Sanders LLP Law Firm

Suggested Use

Top Pick Veterinary Clinic Garden Center Pet Grooming Service Carpet & Flooring Store Nursing Home Arcade & Gaming Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

350
Residential units
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

5,224
Businesses Nearby
127k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 38% Shops & Services 27% Hotels & Casinos 25% Apparel 7%
DoubleTree by Hilton Newark Penn Station Hotels & Casinos
16,051 visits/mo 0.4 miles
Speedway Shops & Services
15,735 visits/mo 0.4 miles
Popeyes Louisiana Kitchen Dining
12,235 visits/mo 0.4 miles
Starbucks Dining
11,346 visits/mo 0.2 miles
Robert Treat Hotel Hotels & Casinos
10,442 visits/mo 0.2 miles

Market

Lease Benchmarks for Newark, NJ

$18.76 /SF/Yr
Avg Asking Price
$2.49–$41.07 /SF/Yr
Price Range
6,445 SF
Avg Space Size

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Ground-floor retail and restaurant space in a downtown Newark mixed-use development delivering Summer 2027.
Where is this retail space located?
The property is located at 1 Center Street Newark, NJ.
What are key features of this property?
This property features: Ground‑floor retail and restaurant space in a downtown Newark mixed‑use development; Planned delivery is Summer 2027; Year built: 2027
More about this property
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