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    8 Joyce Rd New Rochelle, NY 10801

    For Lease
    Contact for pricing

    New Rochelle retail spaces available.

    Lot size:
    7,781 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional retail opportunity is located at ShopRite Plaza, 8 Joyce Road, New Rochelle, NY 10801, a high-traffic shopping center at a signalized intersection with excellent visibility on Palmer Avenue and cross-street access from Palmer Avenue. The property features two one-story buildings totaling nine suites, with four spaces currently available ranging from 643 to 2,255 square feet. The center boasts 416 parking spaces and high ceilings. Current co-tenants include ShopRite, Daiso, Popeyes, and Wine & Spirits Discount Warehouse. The plaza benefits from its proximity to numerous other retailers such as Stop & Shop, Starbucks, Marshalls, HomeGoods, McDonald's, European Wax Center, Taco Bell, People's United Bank, CubeSmart, Wine Bazaar, SkyZone, WestMed, and Pine Brook Fitness Center. The location enjoys high traffic counts, with 14,780 cars per day on River Street, 15,660 cars per day on Palmer Avenue, and 120,005 cars per day on nearby I-95 (Exit 16). Furthermore, the property is conveniently located near the revitalized downtown New Rochelle area, experiencing significant residential growth with over 30 developments underway, adding 2,456 new rental units, and potentially 3,836 more in the coming years. Taxes are $10.82 per square foot. Contact for rental rates and CAM charges.

    Property Features for 8 Joyce Rd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,781 SF

    Building Details

    Buildings
    2
    Stories
    1

    Unit(s) available at that property

    Space
    1
    Size
    2,255 SF
    Space
    2
    Size
    1,396 SF
    Space
    3
    Size
    2,065 SF
    Space
    4
    Size
    2,065 SF

    HighLights

    • High‑traffic shopping center at a signalized intersection.
    • 416 parking spaces.
    • High ceilings.
    • Excellent signage and visibility on Palmer Avenue.
    • Near the revitalized Downtown New Rochelle, with over 30+ new residential developments adding thousands of new rental units.
    • Convenient access to I‑95 (Exit 16).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Popeyes Louisiana Kitchen Chicken Restaurant ShopRite Pharmacy of New ... Pharmacy higi Health Consultant Olga Basanilov Pharmacy Coinstar Money Transfer Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Rochelle
    County
    Westchester
    State
    New York
    Longitude
    -73.77833177951
    Latitude
    40.917216615578

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    FAQs

    What type of property is this?
    Restaurant - New Rochelle retail spaces available.
    Where is this restaurant located?
    The property is located at 8 Joyce Rd New Rochelle, NY.
    What are key features of this property?
    This property features: High-traffic shopping center at a signalized intersection.; 416 parking spaces.; High ceilings.
    Request Owner's contact information
    8 Joyce Rd New Rochelle, NY 10801
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    New Rochelle, NY 10801
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8 Joyce Rd New Rochelle, NY 10801
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