Princeton Shopping Center Retail
For Lease
Contact for pricing
3885 NJ-27, Princeton, NJ 08540
Revitalized shopping center with high-performing tenant mix in Princeton, NJ.
Space Size6,638 SF
Property Size54,961 SF
Days on Market1276
Property Features for 3885 NJ-27
General Information
Standard status
Active
Size
6,638 SF
Class
A
Total Parking Spaces
215
Property subtype
Retail
Lease Type
NNN
Building Details
Building Size
54,961 SF
Year Built
2015
Tenancy
Multiple
Spaces For Lease
at 3885 NJ-27 Contact us- Size
- 6,638 SF
- Type
- Retail
- Lease Type
- NNN
- Availability
- Active
Space 1 Pad Site
- Type
- Retail
- Lease Type
- NNN
- Availability
- Active
110-120
Listing Agency:
PreReal Prendamano Real Estate
(718) 816-7799
Listed By:
Robert Nixon · License #10401253010
Source:
Crexi
Added: Feb 22, 2023
Changed: Aug 16
Last Checked: Aug 19 at 10:02PM
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 PreReal Prendamano Real Estate
Investment Insights
Based on property information with market context.
The Marketplace at 3885 Route 27 is a shopping center in Princeton, NJ. Currently 75% leased, the property offers three remaining spaces. Over the past two years, the property has undergone capital improvements, including a newly paved parking lot, upgraded facades, refreshed landscaping, and interior renovations. The Marketplace is home to tenants including SETS Hybrid Training, Marigold Academy, a hair salon, 30 Min Hit Fit, an Indian grocer, and FastSigns. The property consists of two buildings totaling approximately 54,961 square feet. The remaining spaces are delivered as vanilla boxes ready for tenant build-out. Ample customer parking is available in the front, with additional employee parking in the rear. The location is in a trade area with demographics and retail demand.
Key Highlights
- Premier shopping center in a desirable Princeton, NJ retail corridor.
- 75% leased with a strong mix of fitness, education, service, and specialty retail tenants.
- Recently underwent comprehensive capital improvements, including parking lot, facades, landscaping, and interior renovations.
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,043
Businesses Nearby
44k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 46%
Shops & Services 22%
Home Improvements & Furnishings 16%
Electronics 8%
Starbucks
Dining
8,245 visits/mo
0.3 miles
Costello's Ace Hardware of Princeton
Home Improvements & Furnishings
5,956 visits/mo
0.4 miles
Dunkin' Donuts
Dining
5,480 visits/mo
0.4 miles
Chopt
Dining
5,175 visits/mo
0.4 miles
PNC Bank
Shops & Services
5,142 visits/mo
0.2 miles
Demographics for 08540, NJ
48,216
Population
19,255
Households
2.5
Avg Household Size
41
Median Age
82%
College-Educated
98%
High-School Grad
51.7 sq mi
ZIP Area
933
Density / Sq Mi
$169,898
Median Household Income
$80,357
Median Earnings
$2,083
Median Rent
$723,400
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?
Shopping center - Revitalized shopping center with high-performing tenant mix in Princeton, NJ.
Where is this shopping center located?
The property is located at 3885 NJ-27 Princeton, NJ.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: Premier shopping center in a desirable Princeton, NJ retail corridor.; 75% leased with a strong mix of fitness, education, service, and specialty retail tenants.; Recently underwent comprehensive capital improvements, including parking lot, facades, landscaping, and interior renovations.
