Pros
Cons
Shopper Profile
Successful Retail Uses:
Monroe Avenue is a residential street that features a few local stores and eateries catering to the local community. It has a neighborhood feel, and rental prices are generally moderate to low.
Household Income in Trade Area: $55,000
Retail Sales in Trade Area: $480 million
Population in Trade Area: 200,000
Tenant Sales per Square Foot: $600
Occupancy Rate: 80%
Anchor Tenants: Monroe College, Various small businesses
Tenant Rent/Sales Ratio (%): 6.67% – 16.67%
Rent $ / Visitor (relative cost of the foot traffic): $12
Other Notes: Data sourced from public and private records.
Preferred ISP(s)
Estimated Permit Timeline (weeks)
Landmarks Risk
Union Labor Disharmony Likelihood

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