slider image51,920 SF of Retail Space Available in Princeton, NJ

The Market Place | 3885 Route 27

Prereal Prendamano Real Estate, Staten Island NY
slider image51,920 SF of Retail Space Available in Princeton, NJ

The Market Place | 3885 Route 27

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slider image51,920 SF of Retail Space Available in Princeton, NJ

The Market Place | 3885 Route 27

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Highlights

Ideally located shopping center amid major upgrades, situated at the junction of Route 27 and the Georgetown Franklin Turnpike.

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.

Featuring highly desirable retail space with exceptional frontage directly on a vibrant commercial corridor near regional and national tenants.

Nearly 111,000 residents live within a five-mile radius of the property, representing an average household income of $194,837.

Space availability (2)

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

the marketplace site plan

Property facts for 3885 Route 27 , Princeton, NJ 08540

Rental rate
$25.00 /SF/YR
Min. Divisible
1,500 SF
Center type
Strip center
Parking
279 Spaces
Stores
9
Center properties
2
Frontage

Georgetown-Franklin

Gross leasable area

54,759 SF

Total land area

16.00 AC

Year built

1972

Cross streets

Rte 27 & Rte 518

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
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’ …

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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