Downtown Retail Space with
For Lease
Contact for pricing
5 South Street, Morristown, NJ 07960
A nearby parking garage provides convenient access to this downtown retail location.
Space Size3,724 SF
Property Size24,000 SF
Days on Market124
Property Features for 5 South Street
General Information
Standard status
Active
Size
3,724 SF
Class
A
Property subtype
Retail, Special Purpose
Lease Type
Modified Gross
Amenities
parking garage
Building Details
Building Size
24,000 SF
Year Built
1980
Tenancy
Multiple
Spaces For Lease
at 5 South Street Contact us- Size
- 3,724 SF
- Type
- Special Purpose
- Rate
- Contact for pricing
- Lease Type
- Modified Gross
- Availability
- Active
Second Floor
Listing Agency:
Rarefied Real Estate Partners
Listed By:
Rick Rizzuto · License #0786071
Source:
Crexi
Added: Apr 29
Changed: Aug 30
Last Checked: Aug 30 at 10:34AM
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 Rarefied Real Estate Partners
Investment Insights
Based on property information with market context.
This retail space is located at 5 South Street in Morristown, New Jersey. The building dates to 1980 and occupies a downtown setting.
Parking is a key access feature, with a garage described as practically attached to the space. The location combines a storefront-oriented setting with nearby structured parking.
Parking is a key access feature, with a garage described as practically attached to the space. The location combines a storefront-oriented setting with nearby structured parking.
Key Highlights
- Parking garage practically attached to the retail space
- Downtown location at 5 South Street, Morristown, NJ 07960
- Building constructed in 1980
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
3,690
Businesses Nearby
116k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 58%
Groceries 21%
Dining 11%
Electronics 7%
Whole Foods Market
Groceries
24,305 visits/mo
0.5 miles
Wells Fargo
Shops & Services
13,421 visits/mo
0.1 miles
7-Eleven
Shops & Services
12,982 visits/mo
0.2 miles
Bank of America
Shops & Services
9,158 visits/mo
0.4 miles
BP
Shops & Services
8,088 visits/mo
0.5 miles
Demographics for 07960, NJ
45,609
Population
18,978
Households
2.4
Avg Household Size
40
Median Age
68%
College-Educated
94%
High-School Grad
34.6 sq mi
ZIP Area
1,318
Density / Sq Mi
$149,462
Median Household Income
$75,266
Median Earnings
$2,173
Median Rent
$701,100
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - A nearby parking garage provides convenient access to this downtown retail location.
Where is this retail space located?
The property is located at 5 South Street Morristown, NJ.
What is the lease rate?
The lease rate is $120,000.
What are key features of this property?
This property features: Parking garage practically attached to the retail space; Downtown location at 5 South Street, Morristown, NJ 07960; Building constructed in 1980
