This 3,062-square-foot ground-floor retail opportunity is situated within The Franklin at Tenafly, a new luxury mixed-use development. The space is designed to accommodate upscale service and amenity-based businesses, providing direct access to a built-in residential customer base from the 40 high-end apartment residences within the community. This prime location is particularly well-suited for premium uses such as spas, salons, wellness concepts, and other lifestyle-oriented operators who can benefit from a strong connection to local consumers and recurring demand.
The development itself features an extensive collection of resident amenities, including a swimming pool, dog run, fitness center, movie theater, meeting space, and a golf simulator. These integrated amenities are intended to foster consistent daily activity throughout the property, creating natural opportunities for retailers to serve residents in their living, working, and social environments. The convenience for both businesses and their customers is further enhanced by ample parking, which includes dedicated employee parking.
Strategically located just outside of downtown Tenafly, the property benefits from its proximity to an established mix of retail, dining, and service destinations that contribute to consumer activity in the area. Visibility is significant, with the location exposed to more than 5,000 vehicles per day. Easy access from the Palisades Interstate Parkway (9W) and the presence of nearby schools, which generate consistent daytime traffic, provide businesses with valuable exposure and accessibility within one of Bergen County's sought-after communities.
The surrounding market analysis further supports the potential for this retail space. Within a two-mile radius, there are over 65,800 residents, with average household incomes exceeding $162,000. This affluent demographic contributes to over $905 million in annual consumer spending within the trade area, offering a substantial customer base for premium service and wellness operators. Combined with its luxury residential setting, strategic location, and affluent demographics, The Franklin at Tenafly presents a compelling leasing opportunity for businesses aiming for long-term growth within a newly developed, high-income community.
Adoni Property Group

Adoni Property Group
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