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Shopper Profile
Successful Retail Uses:
A slice of sophistication amidst urban grit, NoHo boasts exclusivity. Its cobblestone streets attract a chic clientele, visiting its upscale lofts, designer boutiques, and trendy eateries. Given its select nature, rents are predictably high, and the neighborhood sees a blend of well-established local landlords and newer, more corporate players.
Household Income in Trade Area: $95,000
Retail Sales in Trade Area: $850 million
Population in Trade Area: 140,000
Tenant Sales per Square Foot: $850
Occupancy Rate: 93%
Anchor Tenants: Whole Foods, Adidas Store
Tenant Rent/Sales Ratio (%): 20.6% – 41.2%
Rent $ / Visitor (relative cost of the foot traffic): $43.75 – $87.5
Other Notes: Data sourced from public and private records.
Average Rent (psf): $173
Median Rent (psf): $180
Rent Range (psf): $180-$212
Rent Variability: Medium
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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