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Retail Space in Established Corridor

157 W Delaware Ave, Pennington, NJ 08534

For Lease
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The space is near Route 31 and established national and local businesses in Pennington Borough.

Space Size784 SF
Days on Market47

Property Features for 157 W Delaware Ave

General Information

Standard status Active
Size 784 SF
Net Rentable 784 SF
Property subtype Retail

Space & Availability

Available Space 784 SF
Contiguous Space 784 SF
Space Use Retail

Lease Terms

Lease Rate $25 /SF/YR
Monthly Rent $1,633
Rent per SF/Year $25
CAM $15.55 /SF/YR
Lease Term 60 months

Additional Details

Highway Access Yes

Spaces For Lease

at 157 W Delaware Ave
Unit 1 Active
Size 784 SF
Contact us
Listing Agency: Smires and Associates Real Estate Agency
Listed By: Salvatore Bua
Source: Crexi
Added: Sep 24 Changed: Nov 8 Last Checked: Nov 8 at 3:52PM

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 Smires and Associates Real Estate Agency

Rey
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Investment Insights

Based on property information with market context.

This approximately 784-square-foot retail space is available for lease at 157 W Delaware Ave in Pennington. The minimum lease term is five years.

Route 31 is nearby, and neighboring businesses include Uncle Ed's, Boro Restaurant, Starbucks, Goodwill, Verizon, and Painters Loft. The property is within a commercial corridor with an established mix of retail businesses.

Key Highlights

  • Approximately 784 SF of retail space
  • Minimum lease term of 5 years
  • Near Route 31 in Pennington Borough

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Ashton-Whyte By Appointment ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Parts Store Real Estate Agency Furniture & Home Goods HVAC Service

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

Yes
Highway access
NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

308
Businesses Nearby

Demographics for 08534, NJ

12,955
Population
5,107
Households
2.5
Avg Household Size
45
Median Age
72%
College-Educated
97%
High-School Grad
21.8 sq mi
ZIP Area
594
Density / Sq Mi
$180,491
Median Household Income
$94,154
Median Earnings
$2,106
Median Rent
$573,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF/Yr for Retail space in Mercer County, NJ

$15.36 Jul
$15.7 Aug
$15.14 Sep
$15.48 Oct

Properties on Market for Retail space in Mercer County

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Retail space - The space is near Route 31 and established national and local businesses in Pennington Borough.
Where is this retail space located?
The property is located at 157 W Delaware Ave Pennington, NJ.
What are key features of this property?
This property features: Approximately 784 SF of retail space; Minimum lease term of 5 years; Near Route 31 in Pennington Borough
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