Property summary
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 profile
VerifiedCap rate & NOI
Current use
-
Restaurant
-
Pharmacy
-
Physician
-
Pharmacy
-
Bank Credit Union
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2020Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight