Retail Space with High Daily
For Lease
Contact for pricing
11-43 Raymond Plz W, Newark, NJ 07105
Ground-floor retail space available near major university and office employment centers, with 60,000+ vehicles passing nearby daily.
Property Size900 SF
Days on Market140
Property Features for 11-43 Raymond Plz W
General Information
Standard status
Active
Size
900 SF
Property subtype
RETAIL
Site & Location
Traffic Count
60,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Listing Agency:
Pierson Commercial Real Estate
(732) 707-6900
Listed By:
Jason Pierson
Source:
Moodyscre
Added: Mar 13
Changed: Jul 26
Last Checked: Jul 30 at 2:00PM
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
Investment Insights
Based on property information with market context.
This retail space for lease is approximately 900 square feet and positioned for walk-in and passby traffic. The offering is well suited for businesses that benefit from consistent local activity.
The site is supported by strong surrounding demand, including a 300,000+ residential population within 3 miles and a 200,000+ daytime workforce. Area amenities include four major universities totaling 60,000 students and faculty, as well as 14.5 million square feet of class A office space in the immediate trade area.
Traffic and visibility are additional considerations, with 60,000+ vehicles passing the site along McCarter Highway daily. The property is also located about two blocks from the Prudential Center (“The Rock”).
The site is supported by strong surrounding demand, including a 300,000+ residential population within 3 miles and a 200,000+ daytime workforce. Area amenities include four major universities totaling 60,000 students and faculty, as well as 14.5 million square feet of class A office space in the immediate trade area.
Traffic and visibility are additional considerations, with 60,000+ vehicles passing the site along McCarter Highway daily. The property is also located about two blocks from the Prudential Center (“The Rock”).
Key Highlights
- Ground‑floor retail space available near major university and office employment centers
- 2 blocks from the Prudential Center (“The Rock”)
- 60,000+ vehicles pass the site along McCarter Highway daily
Property Analytics
Current Use
Lease Details
60,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
6,384
Businesses Nearby
117k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Hotels & Casinos 31%
Dining 25%
Shops & Services 24%
Apparel 11%
DoubleTree by Hilton Newark Penn Station
Hotels & Casinos
16,051 visits/mo
0.1 miles
Starbucks
Dining
11,346 visits/mo
0.3 miles
Robert Treat Hotel
Hotels & Casinos
10,442 visits/mo
0.2 miles
TD Bank
Shops & Services
10,303 visits/mo
0.2 miles
TD Bank
Shops & Services
10,290 visits/mo
0.3 miles
Demographics for 07105, NJ
50,870
Population
20,608
Households
2.5
Avg Household Size
35
Median Age
15%
College-Educated
70%
High-School Grad
4.6 sq mi
ZIP Area
11,059
Density / Sq Mi
$55,752
Median Household Income
$33,175
Median Earnings
$1,600
Median Rent
$445,900
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Retail space - Ground-floor retail space available near major university and office employment centers, with 60,000+ vehicles passing nearby daily.
Where is this retail space located?
The property is located at 11-43 Raymond Plz W Newark, NJ.
What are key features of this property?
This property features: Ground‑floor retail space available near major university and office employment centers; 2 blocks from the Prudential Center (“The Rock”); 60,000+ vehicles pass the site along McCarter Highway daily