Listing Agency: MID-REALTY, INC. m***@midrealty.com Show Phone

Listed By: MARIA GERMANA GOMES

Source: Corcoran

Added: Apr 20 Changed: Aug 28 Last Checked: Aug 29 at 7:16AM

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Investment Insights

Based on property information with market context.

This 1,300 sq ft commercial space is located in a busy, central area that benefits from excellent visibility and steady foot and vehicle traffic. The location is surrounded by established businesses, ensuring consistent customer flow throughout the day. The space is suitable for a variety of uses, including retail, office, boutique, salon, café, or service-based businesses. This property offers an opportunity to position your business for success.

Key Highlights

• High‑traffic central location with excellent visibility
• 1,300 sq ft commercial space suitable for various business types
• Surrounded by established businesses ensuring consistent customer flow

Property Analytics

Property Profile

Current Use

Favetta John R ... Ophthalmologist John R Favetta ... Ophthalmologist

Suggested Use

Top Pick Law Firm Parking Lot & Garage (Bike/Boat/Book/etc) Store Grocery & Convenience Store Tech Support Center Computer & Electronic Repair

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

$5.54 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

1,173

Businesses Nearby

72k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 41% Groceries 30% Dining 28% Beauty & Spa 1%

Super Foodtown Groceries

21,714 visits/mo 0.5 miles

Bank of America Shops & Services

10,880 visits/mo 0.1 miles

Dunkin' Donuts Dining

10,772 visits/mo 0.3 miles

Chase Bank Shops & Services

7,036 visits/mo 0.2 miles

Taco Bell Dining

6,725 visits/mo 0.5 miles

Demographics for 07031, NJ

16,457

Population

6,986

Households

2.4

Avg Household Size

42

Median Age

39%

College-Educated

91%

High-School Grad

2.5 sq mi

ZIP Area

6,583

Density / Sq Mi

$101,493

Median Household Income

$64,840

Median Earnings

$1,706

Median Rent

$464,700

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

Questions? Ask Rey

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What type of property is this? Where is this retail space located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - 1,300 sq ft commercial space in busy central area.

Where is this retail space located?

The property is located at 70 Ridge North Arlington, NJ.

What is the lease rate?

The lease rate is $4,000/Mo.

What are key features of this property?

This property features: High‑traffic central location with excellent visibility; 1,300 sq ft commercial space suitable for various business types; Surrounded by established businesses ensuring consistent customer flow