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Palmer Square 200 Petersville Rd

6,228 SF of Retail Space Available in New Rochelle, NY 10801

Highlights

  • Palmer Square at 200 Parksville Road is a high-traffic shopping center, offering ground-floor retail space among a vibrant mix of national tenants.
  • HomeGoods, Marshalls, and Professional Physical Therapy are co-tenants at this vibrant center, adjacent to Stop & Shop, FedEx Office, and more.
  • Immediately surrounded by an affluent population within minutes of Iona University, Monroe College, public transit access, and neighborhood parks.
  • Current availability includes 6,228 square feet, which can be divided, with a covered breezeway entrance, an open floor plan, and loading dock access.
  • Benefit from pylon and building signage opportunities, excellent Interstate 95 and Palmer Avenue frontage, and access to a 300-space parking garage.

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • Ground
  • 6,228 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Negotiable
Space Use
Retail
Condition
Shell Space
Availability
Now

Current availability includes 6,228 square feet, which can be divided, with a covered breezeway entrance, an open floor plan, and loading dock access.

  • Located in-line with other retail
Space Size Term Rental Rate Rent Type
Ground 6,228 SF Negotiable Upon Request Upon Request Upon Request Upon Request Negotiable

Ground

Size
6,228 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
Negotiable
Space Use
Retail
Condition
Shell Space
Availability
Now

Current availability includes 6,228 square feet, which can be divided, with a covered breezeway entrance, an open floor plan, and loading dock access.

  • Located in-line with other retail

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

PROPERTY FACTS FOR 200 Petersville Rd , New Rochelle, NY 10801

Property Type Retail
Property Subtype Storefront Retail/Office
Gross Leasable Area 124,980 SF
Year Built 2006
Parking Ratio 6.67/1,000 SF

About the Property

Join national retailers such as HomeGoods and Marshalls at Palmer Square, a premier retail and service destination in New Rochelle, New York. Ground floor retail space spanning 6,228 square feet is immediately available for occupancy in shell condition. This space offers a divisible open floor plan, loading dock access, and a restroom. Palmer Square contains 75,000 square feet and sits just off the Palmer Avenue commercial corridor. Property features include pylon building signage, a skylight atrium walkway, and a four-story parking garage shared with the Stop & Shop-anchored Palmer Center. Directly adjacent tenants include FedEx Office, Sherwin-Williams, Supercuts, Wine Bazaar, and more. Palmer Square receives direct Interstate 95 exposure for approximately 58,200 passing vehicles per day and prime Palmer Avenue frontage to 12,800 passing vehicles daily. New Rochelle is a city in Westchester County, the seventh-wealthiest county in the US and the second-wealthiest county in New York State. Approximately 431,800 residents live within a 5-mile radius, representing an average household income of nearly $122,900 annually. Palmer Square is only moments away from public transit access, multiple neighborhood parks, Iona University, and Monroe College.

  • Freeway Visibility
  • Pylon Sign
  • Signalized Intersection

Marketing Brochure

DEMOGRAPHICS

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 Mile
3 Mile
5 Mile
15 min drive
2024 Population
27,608
147,001
420,593
687,326
2029 Population
27,376
144,415
402,975
647,145
2024-2029 Projected Population Growth
-0.8%
-1.8%
-4.2%
-5.8%
Median Age
38.5
41.8
42.7
41.3
College Degree + Higher
49%
51%
43%
22%
Daytime Employees
13,321
49,807
133,019
221,738
Total Businesses
1,866
6,641
18,157
32,408
Average Household Income
$131,658
$149,379
$126,771
$116,743
Median Household Income
$89,408
$113,636
$92,243
$81,943
Total Consumer Spending
$335.8M
$2.1B
$5.4B
$8.2B
2024 Households
9,506
53,075
158,458
253,754
Average Home Value
$695,590
$698,829
$608,279
$634,218

Nearby Major Retailers

Starbucks
Stop & Shop
Webster Bank
Ww (weight Watchers)
ShopRite
Texas Roadhouse
CrossFit
Tim Hortons
Bank of America
Golden Krust

Leasing Agent

Leasing Agent

(914) 361-4678
Contact
Katelin Van Voorhis, Associate
(914) 361-4678
Contact
Katelin Van Voorhis provides a variety of commercial real estate services to clients throughout the New York Metropolitan area; including tenant and owner representation, site selection, consulting, and investment sales. Katelin specializes in retail leasing and sales in the Westchester market and currently represents some of the County’s largest developers including: Simone Development, Robert Martin Company, and RXR Realty as Master Developer for the revitalization of Downtown New Rochelle.

Well versed in national trends and emerging concepts, Katelin is known for her strong relationships within the regional food community and local business networks. She has a strong track record for her work with both credited tenants and seasoned local operators and is widely recognized as a tenacious and effective canvasser. Katelin leverages the depth of her national and local market knowledge to provide creative and intelligent real estate solutions to/for her clients.
  • Listing ID: 30015555

  • Date on Market: 11/9/2023

  • Last Updated:

  • Address: 200 Petersville Rd, New Rochelle, NY 10801

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