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Morristown Retail Space For Rent
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21 Speedwell Ave, Morristown, NJ 07960

Retail spaces available in premier Morristown location.

Space SizeContact for details
Days on Market1928

Property Features for 21 Speedwell Ave

General Information

Standard status Active
Class A
Total Parking Spaces 3000
Property subtype Retail

Building Details

Tenancy Single
Listing Agency: Donovan Realty & Development, Inc.
Listed By: Tom Donovan · License #0793018
Source: Crexi
Added: May 4, 2021 Changed: Aug 8 Last Checked: Aug 11 at 4:43PM

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 Donovan Realty & Development, Inc.

Investment Insights

Based on property information with market context.

Located in the heart of downtown Morristown, this property offers retail spaces ranging in size from 3,045 to 10,657 square feet. The location benefits from excellent demographics, with 123,000 residents and a median income of $141,000 within a 5-mile radius. The property is anchored by an AMC Theatre and a recently renovated Hyatt Regency with 256 keys. It is situated across from Valley Bank's newly built corporate headquarters. The property features great visibility and frontage measuring 58 feet. High ceilings reach 17 feet. A 3,000-space parking garage is available on-site. The location provides easy access to NJ Transit, offering direct service to New York City and Hoboken.

Key Highlights

  • Premier location in the heart of Morristown’s downtown.
  • Easy access to NJ Transit with direct service to New York City and Hoboken.
  • Anchored by AMC Theatre and recently renovated Hyatt Regency (256 keys).

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Hair Salon Storage Facility (Bike/Boat/Book/etc) Store Garden Center Pet Store Veterinary Clinic

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

Location Intelligence

Trade Area within ½ mile

2,494
Businesses Nearby
41k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 59% Shops & Services 30% Dining 7% Home Improvements & Furnishings 4%
Whole Foods Market Groceries
24,305 visits/mo 0.4 miles
Lukoil Shops & Services
6,006 visits/mo 0.4 miles
Sunoco Shops & Services
3,756 visits/mo 0.1 miles
Domino's Pizza Dining
2,798 visits/mo 0.1 miles
Laundry Land Shops & Services
2,710 visits/mo 0.1 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

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Retail spaces available in premier Morristown location.
Where is this retail space located?
The property is located at 21 Speedwell Ave Morristown, NJ.
What are key features of this property?
This property features: Premier location in the heart of Morristown’s downtown.; Easy access to NJ Transit with direct service to New York City and Hoboken.; Anchored by AMC Theatre and recently renovated Hyatt Regency (256 keys).
More about this property
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