HIGHLIGHTS
Ideally located shopping center amid major upgrades, situated at the junction of Route 27 and the Georgetown Franklin Turnpike.
Featuring highly desirable retail space with exceptional frontage directly on a vibrant commercial corridor near regional and national tenants.
Recently underwent vs amid renovations. The renovations are done. Both customers and tenants enjoy pylon signage, easy property access, and ample and secure parking in the front and rear of the property.
Nearly 111,000 residents live within a five-mile radius of the property, representing an average household income of $194,837.
SPACE AVAILABILITY (2)
Display Rental Rate as $/SF/YR
| SPACE | SIZE | TERM | RENTAL RATE | |
|---|---|---|---|---|
| 1st Floor | 1,500-38,000 SF | Negotiable | Upon Request | Negotiable |
| 1st Floor | 13,920 SF | Negotiable | $25.00 /SF/YR | Triple Net (NNN) |
SITE PLAN
PROPERTY FACTS FOR 3885 ROUTE 27 , PRINCETON, NJ 08540
| Rental Rate | $25.00 /SF/YR | Frontage | Georgetown-Franklin |
| Min. Divisible | 1,500 SF | Gross Leasable Area | 54,759 SF |
| Center Type | Strip Center | Total Land Area | 16.00 AC |
| Parking | 279 Spaces | Year Built | 1972 |
| Stores | 9 | Cross Streets | Rte 27 & Rte 518 |
| Center Properties | 2 |
ABOUT THE PROPERTY
Welcome to The Marketplace, a well-established shopping center in the highly desirable Princeton, New Jersey area. With a prime location on Route 27 and the Georgetown Franklin Turnpike, this center recently underwent major renovations to ensure a welcoming environment for residents, commuters, and employees.
Featuring multiple entrances, pylon signage, and ample parking, The Marketplace offers retail spaces ranging from 1,500 to 38,000 square feet. Additionally, a 13,920-square-foot pad site is available. Joining a vibrant retail corridor with popular national brands nearby, this center benefits from a robust population of 111,000 residents within a five-mile radius and an average household income of $194,837.
With competitive rents starting at $22 per square foot NNN, The Marketplace is the perfect choice for businesses looking to establish a unique and recognizable presence in Princeton. Don’t miss out on this exceptional opportunity. Contact us today to secure your spot in The Marketplace!
PHOTOS
MARKETING BROCHURE
DEMOGRAPHICS
| 1 MILE | 3 MILE | 5 MILE | 15 MIN DRIVE | |
|---|---|---|---|---|
| 2023 Population | 4,427 | 39,206 | 110,096 | 262,112 |
| 2028 Population | 4,577 | 40,538 | 114,584 | 274,441 |
| 2023-2028 Projected Population Growth | 3.4% | 3.4% | 4.1% | 4.7% |
| Median Age | 42.0 | 42.1 | 41.5 | 37.7 |
| College Degree + Higher | 62% | 64% | 66% | 28% |
| Daytime Employees | 530 | 8,039 | 39,162 | 140,754 |
| Total Businesses | 95 | 1,035 | 3,887 | 13,568 |
| Average Household Income | $194,298 | $155,248 | $161,872 | $142,575 |
| Median Household Income | $181,965 | $128,192 | $133,250 | $112,329 |
| Total Consumer Spending | $73.1M | $616.2M | $1.7B | $3.5B |
| 2023 Households | 1,428 | 14,447 | 39,653 | 88,288 |
| Average Home Value | $647,108 | $513,814 | $561,660 | $542,734 |
ABOUT PRINCETON NORTH
The Hillsborough Township area of New Jersey, halfway between Princeton and Somerville, is known for its leafy suburbs and good schools. The area offers tenants access to nearby households with median incomes well over $100,000, as the catchment area of this neighborhood is one of the wealthiest in the country. Retailers in the area cater to this affluent local population. Lowe’s is the largest tenant in the area, followed by ShopRite. The area is serviced by a variety of local and national restaurants, with the Hillsborough Star Diner down the street from Starbucks and Five Guys.
NEARBY AMENITIES
RESTAURANTS
| Cold Stone Creamery | - | 16 min walk |
RETAIL
| Walgreens | Drug Store | 2 min walk |
| Bright Horizons | Daycare | 7 min walk |
| CVS | Drug Store | 16 min walk |
TRANSPORTATION
TRANSIT/SUBWAY
| Trenton Transit Stop | 29 min drive | 19.6 mi |
| Trenton Transit Center (SEPTA) | 30 min drive | 19.4 mi |
| Trenton Transit Center (NJT) | 30 min drive | 19.4 mi |
| Hamilton Avenue Transit Stop | 30 min drive | 19.9 mi |
| West Trenton Transit Stop | 30 min drive | 22.7 mi |
COMMUTER RAIL
| Princeton Commuter Rail (Princeton Branch) | 14 min drive | 7.3 mi |
| Jersey Avenue Commuter Rail (Northeast Corridor Line) | 17 min drive | 8.4 mi |
| Princeton Junction (Northeast Corridor Line, Princeton Branch) | 17 min drive | 10.2 mi |
| New Brunswick Commuter Rail (Northeast Corridor Line) | 17 min drive | 9.7 mi |
| Bridgewater Commuter Rail (Raritan Valley Line) | 17 min drive | 16.1 mi |
LEASING TEAM
James Prendamano, CEO / Founder
Over his career, James’ team has closed over 1500 deals, leased more than 1 million square feet of commercial space and has effectuated more than 1 billion dollars in transactional Real Estate. During this time James shepherded the completion of transformative projects literally reshaping Staten Island; NYC’s commercial real estate landscape. Through discipline and subscribing to a lifelong learner mindset James’
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Robert Nixon, Sales and Leasing Associate
Rob Nixon has quickly become one of Staten Island’s most productive and well-regarded commercial real estate agents, and has been directly involved in several hundred million dollars in transactions during his tenure. While Robert covers the full gamut of the industry, his expertise lies in investment sales, retail leasing, and industrial transactions.
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