Pros
Cons
Shopper Profile
Successful Retail Uses:
Chinatown is the ultimate intersection of old-world charm and new-world hustle. This bustling enclave attracts an eclectic mix, from locals searching for authentic ingredients to tourists seeking trinkets and Gen Z urban explorers hunting for Insta-worthy food spots. You’ll find a dense array of small retailers selling everything from herbal remedies to quirky souvenirs to the freshest produce in town. Rents here are comparatively more accessible, making it a haven for both seasoned local business owners and ambitious first-timers. Landlords are typically community-centered and sometimes even multigenerational family businesses. If your brand thrives on cultural diversity and high foot traffic, Chinatown provides a vibrant, ever-changing canvas.
Household Income in Trade Area: $70,000
Retail Sales in Trade Area: $1.2 billion
Population in Trade Area: 150,000
Tenant Sales per Square Foot: $800
Occupancy Rate: 90%
Anchor Tenants: Various small businesses
Tenant Rent/Sales Ratio (%): 12.5% – 25%
Rent $ / Visitor (relative cost of the foot traffic): $20
Other Notes: Data sourced from public and private records.
Average Rent (psf): $168
Median Rent (psf): $168
Rent Range (psf): $168-$175
Rent Variability: Low
Other Notes: Data provided by Retail by MONA, a New York based brokerage firm.
Preferred ISP(s)
Estimated Permit Timeline (weeks)
Landmarks Risk
Union Labor Disharmony Likelihood

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