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Highly Visible Retail Shopping Center
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3043-3101 US Hwy 46, Parsippany, NJ 07054

Retail space available in a dominant shopping center with major-route exposure and a mix of national tenants.

Space Size18,259 SF
Days on Market863

Property Features for 3043-3101 US Hwy 46

General Information

Standard status Active
Size 18,259 SF
Property subtype RETAIL

Site & Location

Traffic Count 42,000 vehicles/day
Highway Access Yes
Road Access Yes

Building Details

Tenancy Multi

Spaces For Lease

at 3043-3101 US Hwy 46
3043 - 3101 US Hwy 46 AVAILABLE, Now
Floor 1
Size 18,259 SF
Type RETAIL
Rate Contact for pricing
Sublease No
- Highly visible retail location at SW corner of Route 46 with 42,000+ VPD and Parsippany Blvd/Route 202 with 16,000+ VPD - Affluent population of 61,000+ residents with an average household income of $140,000+ within a 3-mile radius - Retail shops for rent surrounded by 9.5MM SF of corporate office space and a daytime population of 99,000+ within 3 miles - Dominant shopping center with diverse mix of national tenants including Marshalls, HomeGoods, Blink Fitness & Harmon Face Values
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Listing Agency: Brixmor Property Group | Philadelphia
Listed By: Rob McGarrigle
Source: Moodyscre
Added: Jun 17, 2024 Changed: Oct 25 Last Checked: Oct 26 at 6:41PM

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 Brixmor Property Group | Philadelphia

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Investment Insights

Based on property information with market context.

Retail shops are available for lease within a dominant shopping center in Parsippany, NJ. The center is anchored by a diverse mix of national tenants including Marshalls, HomeGoods, Blink Fitness, and Harmon Face Values.

The property occupies the SW corner of Route 46, with 42,000+ vehicles per day, and is also positioned near Parsippany Blvd/Route 202 with 16,000+ vehicles per day.

The surrounding area includes an affluent daytime population of 99,000+ within 3 miles, supported by 61,000+ residents with average household income of $140,000+ within a 3-mile radius.

Key Highlights

  • Highly visible retail location on the SW corner of Route 46 with 42,000+ VPD
  • Major‑route exposure at Parsippany Blvd/Route 202 with 16,000+ VPD
  • Surrounded by 9.5MM SF of corporate office space and a daytime population of 99,000+ within 3 miles

Property Analytics

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

Current Use

Shopping centers

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Parts Store Storage Facility Auto Repair Shop 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

42,000 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

925
Businesses Nearby
184k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 30% Shops & Services 27% Groceries 22% Apparel 9%
Whole Foods Market Groceries
39,798 visits/mo 0.5 miles
The Paper Store Shops & Services
20,777 visits/mo 0.4 miles
McDonald's Dining
20,037 visits/mo 0.1 miles
Wendy's Dining
15,241 visits/mo 0.3 miles
Exxon Shops & Services
14,830 visits/mo 0.2 miles

Demographics for 07054, NJ

30,228
Population
12,497
Households
2.4
Avg Household Size
41
Median Age
61%
College-Educated
93%
High-School Grad
13.8 sq mi
ZIP Area
2,190
Density / Sq Mi
$107,955
Median Household Income
$69,061
Median Earnings
$1,725
Median Rent
$569,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

  • Morris Hills Shopping Center — 3035-3189 US-46, Parsippany-Troy Hills, NJ 07054
  • Boulevard Plaza — 1055 Parsippany Blvd Suite 202, Parsippany, NJ 07054
  • Waterview Marketplace — 70 Waterview Blvd, Parsippany, NJ 07054

Frequently Asked Questions

What type of property is this?
Shopping center - Retail space available in a dominant shopping center with major-route exposure and a mix of national tenants.
Where is this shopping center located?
The property is located at 3043-3101 US Hwy 46 Parsippany, NJ.
What are key features of this property?
This property features: Highly visible retail location on the SW corner of Route 46 with 42,000+ VPD; Major‑route exposure at Parsippany Blvd/Route 202 with 16,000+ VPD; Surrounded by 9.5MM SF of corporate office space and a daytime population of 99,000+ within 3 miles
(610) 834-7287 Call to check price and availability
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