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Premier Restaurant Opportunity | Little Falls 15 Paterson Ave 1,808 - 5,201 SF of Retail Space Available in Little Falls, NJ 07424
Highlights
- Prime Main Street Location in Downtown Little Falls
- New Construction Mixed-Use Development Near NJ Transit
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Lower Level | 1,808 SF | Negotiable | $49.00 /SF/YR $4.08 /SF/MO $88,592 /YR $7,383 /MO | Triple Net (NNN) | ||
| 1st Floor | 3,393 SF | Negotiable | $49.00 /SF/YR $4.08 /SF/MO $166,257 /YR $13,855 /MO | Triple Net (NNN) |
Lower Level
5,201 SF new construction restaurant space available for lease within a newly developed mixed-use property featuring six luxury residential apartments above. The space offers a flexible layout designed to accommodate a variety of hospitality concepts, including upscale dining, wine bars, cocktail lounges, and chef-driven restaurant operations. The main dining level features approximately 20-foot ceilings, expansive floor-to-ceiling glass, abundant natural light, and an open floor plan suitable for open kitchen and bar concepts. Rear-facing windows overlook the river and will feature Juliet balconies with operable window systems, creating a unique dining environment. The lower level includes dedicated prep kitchen space, storage, operational support areas, and a designated takeout and delivery component. Overhead doors and drive-up service capabilities provide efficient access for catering operations, customer pickup, and third-party delivery services. The space is currently offered in shell condition, allowing operators to customize the build-out to their specific concept and operational requirements. A truly one-of-a-kind opportunity to create a signature restaurant destination in a newly constructed mixed-use development combining luxury residential living, waterfront views, and exceptional architectural design. Disclaimer: Marketing renderings and cover images are provided for illustrative purposes only and are intended to demonstrate the potential build-out and design possibilities of the space. Actual conditions, finishes, layouts, and improvements may vary. Property Highlights -±4,500 SF new construction restaurant space -Waterfront location with river views -Mixed-use development with six luxury residential units -Shell condition allowing custom tenant build-out -Approximately 20-foot ceilings in dining area -Floor-to-ceiling glass and abundant natural light -Open kitchen and centerpiece bar potential -Juliet balconies with operable window systems -Lower-level prep kitchen and storage area -Dedicated takeout and delivery operations space -Overhead doors and drive-up service capability -Ample on-site parking with valet potential -Premium construction and building finishes -Excellent visibility within a growing residential and commercial corridor -Ideal for upscale dining, wine bar, cocktail lounge, or chef-driven restaurant concepts
- Lease rate does not include utilities, property expenses or building services
- Can be combined with additional space(s) for up to 5,201 SF of adjacent space
1st Floor
5,201 SF new construction restaurant space available for lease within a newly developed mixed-use property featuring six luxury residential apartments above. The space offers a flexible layout designed to accommodate a variety of hospitality concepts, including upscale dining, wine bars, cocktail lounges, and chef-driven restaurant operations. The main dining level features approximately 20-foot ceilings, expansive floor-to-ceiling glass, abundant natural light, and an open floor plan suitable for open kitchen and bar concepts. Rear-facing windows overlook the river and will feature Juliet balconies with operable window systems, creating a unique dining environment. The lower level includes dedicated prep kitchen space, storage, operational support areas, and a designated takeout and delivery component. Overhead doors and drive-up service capabilities provide efficient access for catering operations, customer pickup, and third-party delivery services. The space is currently offered in shell condition, allowing operators to customize the build-out to their specific concept and operational requirements. A truly one-of-a-kind opportunity to create a signature restaurant destination in a newly constructed mixed-use development combining luxury residential living, waterfront views, and exceptional architectural design. Disclaimer: Marketing renderings and cover images are provided for illustrative purposes only and are intended to demonstrate the potential build-out and design possibilities of the space. Actual conditions, finishes, layouts, and improvements may vary. Property Highlights -±4,500 SF new construction restaurant space -Waterfront location with river views -Mixed-use development with six luxury residential units -Shell condition allowing custom tenant build-out -Approximately 20-foot ceilings in dining area -Floor-to-ceiling glass and abundant natural light -Open kitchen and centerpiece bar potential -Juliet balconies with operable window systems -Lower-level prep kitchen and storage area -Dedicated takeout and delivery operations space -Overhead doors and drive-up service capability -Ample on-site parking with valet potential -Premium construction and building finishes -Excellent visibility within a growing residential and commercial corridor -Ideal for upscale dining, wine bar, cocktail lounge, or chef-driven restaurant concepts
- Lease rate does not include utilities, property expenses or building services
- Can be combined with additional space(s) for up to 5,201 SF of adjacent space
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
| Total Space Available | 5,201 SF | Gross Leasable Area | 13,752 SF |
| Property Type | Retail | Year Built | 1960 |
| Property Subtype | Storefront Retail/Residential |
| Total Space Available | 5,201 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 13,752 SF |
| Year Built | 1960 |
About the Property
15 Patterson Street is a newly constructed mixed-use development located within a growing residential and commercial corridor in Northern New Jersey. The property combines six luxury residential apartments with a premier ground-floor restaurant opportunity designed to serve both residents and the surrounding community. The building features modern architecture, premium construction, street parking and municipal parking, and excellent visibility. Its riverfront setting and contemporary design create a distinctive destination environment for hospitality, retail, and service-oriented uses.
Nearby Major Retailers
Contact the Leasing Agent
Premier Restaurant Opportunity | Little Falls | 15 Paterson Ave