Two-Space Corner Retail
New
For Lease
Contact for pricing
869 Broad Street, Newark, NJ 07102
Retail space occupies the base of a residential building at a downtown Newark intersection.
Space SizeContact for details
Days on Market4
Property Features for 869 Broad Street
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
CBRE - Florham Park
Listed By:
Marta Villa · License #1538339
(973) 437-2040
Source:
Cbre
Added: Sep 16
Changed: Sep 18
Last Checked: Sep 19 at 8:52AM
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 CBRE - Florham Park
Investment Insights
Based on property information with market context.
This retail offering includes two separate spaces totaling 4,560 SF within the lower portion of a larger residential property. The retail component is situated beneath 40 residential units, creating a direct relationship between the commercial space and the building’s residential population.
The property is located at the corner of Broad Street and Williams Street in Downtown Newark, with access from a central city intersection. Its position within a mixed residential and retail setting supports a range of commercial occupancy formats suited to the available spaces.
The property is located at the corner of Broad Street and Williams Street in Downtown Newark, with access from a central city intersection. Its position within a mixed residential and retail setting supports a range of commercial occupancy formats suited to the available spaces.
Key Highlights
- Two retail spaces totaling 4,560 SF
- Located at the corner of Broad Street and Williams Street
- Retail component positioned below 40 residential units
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
5,673
Businesses Nearby
208k
Monthly Visits Nearby
Explore this area
Business Placement
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
Lease Benchmarks for Newark, NJ
$21.56 /SF/Yr
Avg Asking Price
$2.49–$41.07 /SF/Yr
Price Range
6,914 SF
Avg Space Size
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 - Retail space occupies the base of a residential building at a downtown Newark intersection.
Where is this retail space located?
The property is located at 869 Broad Street Newark, NJ.
What are key features of this property?
This property features: Two retail spaces totaling 4,560 SF; Located at the corner of Broad Street and Williams Street; Retail component positioned below 40 residential units
