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Convenience Store
For Lease
$155,000

12 William Street, Newark, NJ 07102

The operation combines grocery and snack sales with lottery, ATM, and other service revenue.

Space SizeContact for details
Days on Market192

Property Features for 12 William Street

General Information

Standard status Active
Property subtype Retail

Site & Location

Neighborhood Central Business District
Listing Agency: Keller Williams City Views Realty
Listed By: Rosa Daza
Source: Tkregroupinc
Added: Apr 25 Changed: Nov 1 Last Checked: Nov 1 at 3:13PM

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 Keller Williams City Views Realty

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Investment Insights

Based on property information with market context.

A convenience store at 12 William Street in downtown Newark offers grocery and snack sales alongside NJ Lottery and ATM services. The business also has additional service-based revenue streams.

The address is in Newark’s downtown area, with office buildings, residential developments, and major attractions in the surrounding context.

Key Highlights

  • Grocery and snack sales alongside NJ Lottery and ATM services
  • Additional revenue from service‑based offerings
  • 12 William Street location in downtown Newark

Property Analytics

Current Use

Omda Convenience Store ... Grocery & Convenience Store ATM Machine at 99 ... Atm Church of Israel Church

Suggested Use

Top Pick Veterinary Clinic Pet Grooming Service Pet Store Pet Store & Service Nursing Home Garden 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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

5,673
Businesses Nearby
208k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 44% Shops & Services 36% Hotels & Casinos 10% Apparel 6%
McDonald's Dining
45,223 visits/mo 0.5 miles
Exxon Shops & Services
11,797 visits/mo 0.4 miles
Starbucks Dining
11,346 visits/mo 0.4 miles
Bank of America Shops & Services
11,294 visits/mo 0.3 miles
BP Shops & Services
11,278 visits/mo 0.2 miles

Demographics for 07102, NJ

15,047
Population
6,574
Households
2.3
Avg Household Size
34
Median Age
30%
College-Educated
82%
High-School Grad
1.1 sq mi
ZIP Area
13,679
Density / Sq Mi
$37,093
Median Household Income
$42,234
Median Earnings
$1,141
Median Rent
$293,900
Median Home Value

Market

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

Similar Off Market Nearby

  • The Store Grocery & Deli — Newark, NJ 07114
  • SuperFresh — 120 Clinton Ave, Newark, NJ 07114
  • La Favorita Supermarket — 1125 Broad St, Newark, NJ 07114
  • Seabra Foods Chestnut — 219 Chestnut St, Newark, NJ 07105
  • Marizcos — 192 elm st, newark, nj 07105

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - The operation combines grocery and snack sales with lottery, ATM, and other service revenue.
Where is this grocery and convenience store located?
The property is located at 12 William Street Newark, NJ.
What is the lease rate?
The lease rate is $155,000.
What are key features of this property?
This property features: Grocery and snack sales alongside NJ Lottery and ATM services; Additional revenue from service‑based offerings; 12 William Street location in downtown Newark
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