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Storefront Retail Office For Lease • 1,000+ SF
| Name | Space Use | Size | Rent | Details |
|---|---|---|---|---|
| 1st Floor Ste 239 | Retail | 4,000 SF | $75.00 USD/SF/YR | |
A great corner Rent-A-Center off Market Street and Memorial Drive, a prime Paterson location. Available to divide into four units.
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| 1st Floor Ste 239-A | Retail | 1,200 SF | $75.00 USD/SF/YR | |
Best location in Paterson with large parking lot.
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| 1st Floor Ste 239-B | Retail | 1,000 SF | $55.00 USD/SF/YR | |
Possibility of adding an internal second floor. Features drive-up retail parking in a high-traffic area.
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| 1st Floor Ste 239-C | Medical | 1,100 SF | $75.00 USD/SF/YR | |
The second floor is included and a large 90-car parking lot.
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| 1st Floor Ste 251-A | Retail | 1,500 SF | $75.00 USD/SF/YR | |
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Welcome to 237-251 Market Street, a 22,232-square-foot commercial retail center in the heart of Downtown Paterson, New Jersey. The center is prominently located on the corner of Market Street and Memorial Drive, with a 95-space parking lot in the rear. This multi-tenant building has a quality mix of tenants, including three national fast-food franchises (Dunkin', Popeyes Chicken, and a former Burger King now a Pica Pollo), Rent-A-Center, a jewelry store, and local professional/ medical offices. The property has excellent visibility and a convenient drive-through parking lot connecting two of the three cross streets (Memorial Drive and 16th Avenue). Added benefits include being directly across the Street from a bus line and the only Downtown Paterson Central NJ Transit train station.
Paterson is approximately 22 miles east of New York City, or a 45-minute drive via the Garden State Parkway. Interstate 80 cuts east-west across the city, and Route 19 cuts north-south. Buses are a prevalent way to get around, and many neighborhoods are lined with stops. Part of Paterson’s urban fabric is the preponderance of sidewalks in neighborhoods, making walkability another standout feature of the city. Paterson offers affordability and a good quality of life for its residents.
The 5-mile realm surrounding 237-251 Market Street has a growing population of 538,053 residents, generating a robust consumer spending power of $5.9 billion annually. This is a stable realm, with the average household income surpassing $105,100. Entertainment, hobbies, and pets, as well as transportation and maintenance, generate more than $1 billion in specified consumer spending, with households close behind generating over $9 million.
| 237-251 Market Street presents a highly visible retail strip rounding the corner of a signalized intersection |
| Directly across the street from a bus line and the Downtown Paterson Central NJ-Transit Train Station. |
| Premier retail storefront opportunities are available in a great location to attract many diverse patrons in the busy area. |
| Nearby businesses include The UPS Store, Buy & Save Furniture, and Panther Academy, contributing to the immediate retail synergy. |
| Robust local population per square mile most recently recorded in 2020 was 18,986.3 people and continues to grow steadily. |
| One availability is a medical office suite partially built out for healthcare operations, enabling a strong standout among the retail tenant mix. |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| Burger King | ||
| Dunkin' | ||
| Popeyes | ||
| Rent-A-Center |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Paterson (Main/Port Jervis Line - NJ Transit Commuter Rail (NJ Transit)) | 0 min | 2 min | 0.1 mi |
| Hawthorne (Main/Port Jervis Line - NJ Transit Commuter Rail (NJ Transit)) | 5 min | - | 2.6 mi |
| Transit/Subway | Drive | Walk | Distance |
| Paterson (Main/Port Jervis Line - NJ Transit Commuter Rail (NJ Transit)) | 0 min | 2 min | 0.1 mi |
| Airport | Drive | Walk | Distance |
| Newark Liberty International | 26 min | - | 21.2 mi |
| LaGuardia | 38 min | - | 24.7 mi |
| Westchester County | 59 min | - | 40.4 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 15 |
| Type: | Surface |
| Included in Rent: | Yes |