30 WEST PALISADE AVE Englewood, New Jersey 5,140 sf available for lease

Transcription

1 30 WEST PALISADE AVE Englewood, ew Jersey 5,140 sf available for lease

2 Property Description 30 West Palisade Ave EGLEWOOD, J ADDRESS 30 West Palisade Ave Englewood, ew Jersey SPACE AVAILABLE 5,140 SF (End Cap) Former Women s Fashion Boutique $8.00 psf est POSSESSIO Immediate PARKIG 106 parking stalls dedicated to retail space & street parking COMMETS Located at traffic light interesction across from Shoprite Prime storefront on Englewood s best retail block Rare vacancy in Palisades South mixed use development 188 residential units directly above at Towne Centre 13,227 daily vehicles on Palisades Avenue Vibrant downtown retail with foot traffic Adjacent to the Bergen Performing Arts Center (200+ events/ year, 250,000 annual visitors) EIGHBORIG TEATS 2

3 Englewood, J is located in north-east ew Jersey, in Bergen County. It is a good place to live, work, and shop. Its residents enjoy the safety, comfort and peace of mind associated with small-town living, but don t have to sacrifice opportunities for work or recreation. In fact, Englewood is a small city. The diverse cultural population of Englewood is approximately 29,000. Within the city s 5 square miles there are over 50 houses of worship and 14 private and public schools. Englewood has an award winning regional hospital, Englewood Hospital and Medical Center, serving residents in orthern ew Jersey and bordering counties in ew York. In addition to the Bergen Performing Arts Center, area attractions include: MacKay Park, Englewood Field Club, Englewood Golf Club, and Englewood Cliffs College. Englewood has a vibrant Lifestyle downtown that includes the Bergen Performing Arts Center, delicious eateries and ethnic restaurants, Syros Taverna, Baumgart s, Kartiem Thai, Its Greek to Me & Blue Moon Café), apparel (Jos A Bank, Vera Uomo, Gito, La Puerta Del Sol & Anik) boutiques, spas (Blue Mercury, Floris Day Spa and Massage Envy), antique stores, over a dozen banks, car dealerships (Lexus, Porsche, Mercedez & Infiniti), specialty shops and a ShopRite Supermarket Englewood s downtown has evolved into a major restaurant and shopping hub for the surrounding northern valley communities. Englewood has a diverse customer base that includes the well-educated affluent shoppers of northeastern Bergen County. Within a 3-mile radius of the target site, 37.2 percent of the homes have an average household income of $100,000 or more (excluding ew York City). And, 68% of the adult population had at least some college education. Additionally, there is a strong daytime population to support the retail with more than 100,000 employees within a 3-miles radius of the target site (excluding ew York City). 3

4 TATE TATE TATE TATE TATE TATE PKY PKY PKY PKY PKY PKY Westwood THE LOCATIO ledon Hawthorne bedroom. Englewood s proximity to Manhattan Fair only Lawn five don minutes to the George Washington Bridge made it a perfect Paterson 1ST AVE Ridgewood Glen Rock to commuters, and its housing stock, already highly diverse, Elmwood Park is becoming even more so with a new development offering STATE STATE STATE STATE STATE STATE STATE STATE STATE HWY HWY HWY HWY HWY HWY HWY HWY HWY STATE STATE STATE STATE STATE STATE STATE STATE STATE HWY HWY HWY HWY HWY HWY HWY HWY HWY STATE STATE STATE STATE STATE STATE STATE STATE STATE HWY HWY HWY HWY HWY HWY HWY HWY HWY STATE STATE STATE STATE STATE STATE STATE STATE STATE HWY HWY HWY HWY HWY HWY HWY HWY HWY I the early 20th century, when most of the mansions on East Hill here were being built, this small city was known as Wall Street s haven for ew Yorkers looking to build a big house somewhere peaceful and quiet. US HWY 46 PIAGET AVE MCLEA MCLEA MCLEA MCLEA MCLEA MCLEA MCLEA MCLEA MCLEA BLVD BLVD BLVD BLVD Today Englewood has a population of 27,000. It remains appealing upscale apartments right over downtown shops. US HWY 46 US HWY HWY HWY HWY HWY HWY HWY HWY HWY 46 US US US HWY HWY HWY US HWY 46 Garfield US HWY 46 LIWOOD AVE STATE STATE STATE STATE STATE STATE STATE STATE STATE HWY HWY HWY HWY HWY HWY HWY HWY HWY Rochelle Park US US US US US US US US HWY HWY HWY Lodi TATE TATE TATE PKY PKY PKY Paramus STATE STATE STATE STATE STATE STATE STATE STATE STATE HWY HWY HWY HWY HWY HWY HWY HWY HWY GARDE GARDE GARDE GARDE GARDE GARDE GARDE GARDE GARDE STATE STATE STATE STATE STATE STATE STATE STATE STATE PKY PKY PKY PKY PKY PKY PKY PKY PKY GARDE GARDE GARDE GARDE GARDE GARDE GARDE GARDE GARDESTATESTATESTATESTATESTATESTATESTATE STATE STATEPKYPKYPKYPKYPKYPKYPKYPKYPKY River Edge STATE STATE STATE STATE STATE STATE STATE STATE STATE HWY HWY HWY HWY HWY HWY HWY HWY HWY 4 Hackensack Emerson Oradell ew Milford STATE HWY 4 Bogota Teaneck Haworth Dumont 3.00 MilesCresskill Bergenfield 5.00 Miles Closter 1.00 Mile Englewood I-95 I-95 I-95 I-95 I-95 I-95 I-95 I-95 I-95 GRAD GRAD GRAD GRAD GRAD GRAD GRAD GRAD GRAD AVE AVE AVE AVE AVE AVE AVE AVE AVE Demarest Tenafly US US US US US US US US US HWY HWY HWY HWY HWY HWY HWY HWY HWY 9W 9W 9W 9W 9W 9W 9W 9W 9W Englewood Cliffs Alpine S S S S S S S S S Manhattan College S S S S S S S S I-87 SAW MILL RIVER RIVER RIVER RIVER RIVER RIVER RIVER RIVER RIVER PKY I-87 I-87 I-87 I-87 I-87 I-87 I-87 I-87 I-87 SAW MILL RIVER PKY Yonkers CROSS COUTY PKY I-87 I-87 I-87 I-87 I-87 I-87 I-87 I-87 I-87 Yonkers Raceway I-87 I-87 I-87 I-87 I-87 I-87 I-87 I-87 I-87 BROX BROX BROX BROX BROX BROX BROX BROX BROX RIVER RIVER RIVER RIVER RIVER RIVER RIVER RIVER RIVER PKY PKY PKY PKY PKY PKY PKY PKY PKY I-87 I-87 I-87 I-87 I-87 I-87 I-87 I-87 I-87 SPRAI SPRAI SPRAI SPRAI SPRAI SPRAI SPRAI SPRAI SPRAI BR B B BR B B BR B B M BBB HWY HWY HWY 3 GARDE GARDE GARDE GARDE GARDE GARDE GARDE GARDE GARDE STATE STATE STATE STATE STATE STATE STATE STATE STATE PKY PKY PKY PKY PKY PKY PKY PKY PKY STATE STATE STATE STATE STATE STATE STATE STATE STATE HWY HWY HWY HWY HWY HWY HWY HWY HWY 3 ARDE STATE PKY mfield Clifton STATE HWY 3 STATE HWY 3 KIGSLAD ST ST utley SHIGTO SHIGTO SHIGTO SHIGTO SHIGTO SHIGTO SHIGTO SHIGTO SHIGTO AVE STATE HWY 3 STATE HWY 21 STATE HWY 21 STATE STATE STATE STATE STATE STATE STATE STATE STATE HWY 21 Wallington Rutherford RIDGE RIDGE RIDGE RIDGE RIDGE RIDGE RIDGE RIDGE RIDGE RD Felician College STATE HWY 3 Hasbrouck Heights Wood Ridge 11TH 11TH 11TH 11TH 11TH 11TH 11TH 11TH 11TH ST ST ST US US US US US US US US US HWY HWY HWY HWY HWY HWY HWY HWY HWY Teterboro Carlstadt East Rutherford LIBERTY LIBERTY LIBERTY LIBERTY LIBERTY LIBERTY LIBERTY LIBERTY LIBERTY ST Little Ferry I-95 Ridgefield Park I-95 I-95 I-95 I-95 I-95 I-95 I-95 I-95 I-95 I-95 I-95 US HWY 46 Ridgefield GRAD GRAD GRAD GRAD GRAD GRAD GRAD GRAD GRAD AVE STATE HWY 5 BROAD BROAD BROAD BROAD BROAD BROAD BROAD BROAD BROAD AVE AVE AVE AVE AVE AVE AVE AVE AVE Leonia GLE RD BERGE BERGE BERGE BERGE BERGE BERGE BERGE BERGE BERGE BLVD BLVD BLVD BLVD BLVD BLVD BLVD BLVD BLVD Fort Lee PALISADE PALISADE PALISADE PALISADE PALISADE PALISADE PALISADE PALISADE PALISADE AVE AVE AVE AVE AVE AVE AVE AVE AVE Edgewater Cliffside Park BERGE BERGE BERGE BERGE BERGE BERGE BERGE BERGE BERGE BLVD BLVD BLVD BLVD BLVD BLVD BLVD BLVD BLVD BERGE BERGE BERGE BERGE BERGE BERGE BERGE BERGE BERGE BLVD BLVD BLVD BLVD BLVD BLVD BLVD BLVD BLVD STATE STATE STATE STATE STATE STATE STATE STATE STATE HWY HWY HWY HWY HWY HWY HWY HWY HWY I-95 I-95 LEMOIE LEMOIE LEMOIE LEMOIE LEMOIE LEMOIE LEMOIE LEMOIE LEMOIE AVE AVE AVE AVE AVE AVE AVE AVE AVE City College Of ew York Barnard College George Washington Bridge HERY HERY HERY HERY HERY HERY HERY HERY HERY HUDSO HUDSO HUDSO HUDSO HUDSO HUDSO HUDSO HUDSO HUDSO PKY PKY PKY PKY PKY PKY PKY PKY PKY I-95 I-87 I-87 I-87 I-87 I-87 I-87 I-87 I-87 I-87 Teterboro CROSS BROX EXPY I-87 Fordham University CROSS BX EXP SR RD BOSTO BOSTO RD RD BOSTO BOSTO BOSTO BOSTO BOSTO BOSTO BOSTO BOSTO BOSTORDRD RD RD RD RD RD RD RD I Bronx

5 exceptional market This market is exceptional by all standard demographic measures. Whether measuring the market by a 3 or 5 radius or a 15 minute drive time (excluding YC), each boasts an average HHI over $100,000 annually, with 25%+ of the HHs earnings over $100,000, a median home value of approximately $500,000, and a population in which nearly half hold a bachelor s degree or higher. 5 MILE RADIUS* Population 380,665 Households 141,289 Average HHI $126,407 Bachelor s Degree or Higher 49% 15 Annual HHI of $100k+ 44.3% MIUTE DRIVE* Population 449,260 Households 171,390 Average HHI $102,753 Bachelor s Degree or Higher 49.1% Annual HHI of $100k+ 36.3% * ot including ew York City 5

6 world-class companies The surrounding office market contains over four million square feet of corporate office facilities fueling the strong daytime population. ear the site is CBC (700 employees), Unilever (600 employees), and Frenkel & Co., Inc. (200 employees). 211,114 20,605 4,564,552 sf 603 Daytime Workers Businesses of Corporate Office Facilities Hotel Rooms Within 5 Miles* Within 5 Miles* Within 2 Miles* Within 2 Miles* * ot including ew York City 6

7 ET RE ST T Palisades Plaza apartment rentals AD IP A IS EA VE U Bergen Performing Arts Center 250,000 visitors per year E IC AL TP U ES M W LP A RK I G O RT H VA BR U Coming Soon! O RT H DE A ST RE ET SITE ew Development Towne Centre at Englewood 188 residential units W ES SO TE G LE W OO DA H UT VA B RU T TS RE U E GL TP AR KI Dw ig h Pr t-e e 8 p ngl s Sch ewo 6 tud o te e ol od ac n G ET he ts rs EA PARKIG GARAGE VE EE E ST R ES TR EE T 185 Residential Units ST PA LIS AD EA VE U m ile s E 13,2 2 7A AD T 7

8 106 car parking Palisades South Palisades Avenue athaniel Place orth Van Brunt Street South Van Brunt Street Humphrey Street Municipal Building 8

9 5,104 SF (Former Women s Boutique Clothing) Towne Centre at Englewood Apartments 9

10 29% City Lights Household Type: Housing: Married Couples Multi-Units, Single Family We re singles and married couples with and without children who own or rent single-family homes, townhouses, or mid- or high-rise apartments. We live in densely populated, racially and ethnically rich neighborhoods. We are passionate about social welfare and equal opportunity for all. We earn good incomes from working hard in professional and service occupations. To provide for a stable financial future and possible home ownership, we budget well, and will commute longer distances to support our urban lifestyle. Price-savvy, we shop for bargains at warehouse clubs, Walmart, or Target; we ll also pay for favorite brands if we believe the quality merits. High speed internet access is available at home for basic browsing and online shopping. Texting is cumbersome; we d rather call to chat since we re not enamored with social media. 13% Urban Chic Household Type: Housing: Married Couples Single Family We re well-educated, married couple families and singles who live in the suburbs of major metros on both coasts. Professional and managerial positions in technical and legal occupations fund our exclusive, upscale, and sophisticated lifestyles. Portfolios are healthy, filled with stocks, bonds, and real estate investments. Our houses range in style from pre-war to new construction, highrises or single-family homes; two-thirds of us own our homes. Tech savvy, we re tops for owning Apple products, and use our devices to shop, bank and research information. Leisure time is spent visiting museums, traveling, drinking imported wine, going out to the movies, skiing, and practicing yoga. 17% Pleasantville Household Type: Housing: Married Couples Single Family Properous domesticity pervades our settled suburban neighborhoods in ew Jersey, ew York, and California. We re either empty nesters or sharing our homes with our adult kids. We re happy staying put in our older, high value, single-family homes. Older homes mean more maintenance, so contracting for home improvement and remodeling projects is a priority. Two high incomes also support our affluent lifestyles, and provide our high net worth. We drive imported SUVs serviced at the local gas station or car dealership. Internet usage includes shopping, paying bills, and tracking investments. Going to the beach, visiting museums and theme parks, and going to rock concerts fills our spare time. 10

11 DEMOGRAPHICS* 1 mile radius 2 mile radius 3 mile radius Population 2018 Estimated Population 19,478 63, , Projected Population 19,943 64, , Census Population 18,583 60, , Census Population 18,009 59, , Median Age Households 2018 Estimated Households 6,956 22,388 52, Projected Households 7,226 23,111 54, Census Households 6,763 21,742 50, Census Households 6,199 20,881 49,810 Projected Annual Growth 2018 to % 0.6% 0.6% Historical Annual Growth 2000 to % 0.4% 0.3% Households by Race 2018 Estimated White 42.3% 42.4% 48.8% 2018 Estimated Black or African American 34.9% 29.7% 17.6% 2018 Estimated Asian & Pacific Islander 7.3% 16.8% 23.5% 2018 Estimated American Indian & ative Alaskan 0.5% 0.4% 0.3% 2018 Estimated Other Races 14.9% 10.8% 9.8% 2018 Estimated Hispanic 31.7% 21.9% 20.2% Income 2018 Estimated Average Household Income $144,249 $146,764 $146, Estimated Median Household Income $93,200 $106,906 $108, Estimated Per Capita Income $51,540 $51,907 $52,667 Education (Age 25+) 2018 High School Graduate 25.3% 21.7% 19.6% 2018 Some College 15.1% 13.3% 12.8% 2018 Associates Degree Only 4.3% 4.7% 4.9% 2018 Bachelors Degree Only 26.9% 30.6% 32.6% 2018 Graduate Degree 18.6% 22.0% 23.1% Business 2018 Estimated umber of Businesses 1,899 4,117 8, Estimated Total umber of Employees 16,862 39,029 73,278 * ot including ew York City 11

12 EXCLUSIVE REPRESETATIO Deborah Stone Curtis assau Chubb Avenue Suite 150 S Lyndhurst, J Whether it is financial services, high end designers, new retail concepts, big boxes or major owners and developers; Ripco can implement storefront strategies. We understand retail real estate in ew Jersey has an intrinsic value and we can help in ascertaining that worth for both retailers and developers. This information has been secured from sources we believe to be reliable, but we make no representations as to the accuracy of the information. References to square footage are approximate. Buyer must verify the information and bears all risk for any inaccuracies.