554 BLOOMFIELD AVENUE...Oriental Rugs & Antiques BowTie Clairidge Cinemas STREET STREET STREET...

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554 BLOOMFIELD AVENUE Montclair, New Jersey 3,100 sf available for lease

Transcript of 554 BLOOMFIELD AVENUE...Oriental Rugs & Antiques BowTie Clairidge Cinemas STREET STREET STREET...

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554 BLOOMFIELD AVENUEMontclair, New Jersey3,100 sf available for lease

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Space Available 3,100 sf

Asking Rent Upon request

Neighboring Tenants South Moon Under, Urban Outfitters, Lululemon, Bluemercury, Bareburger, Starbucks, Anthro-pologie,

Parking• Street parking• Fullerton Parking Deck located on Park Street, a two minute walk.

Comments

• Prime retail location in heart of the market• Vibrant, bustling downtown with a mix of national & local retail• Available immediately • Restaurant use permitted• Column free interior

554 BLOOMFIELD AVENUEMontclair, New Jersey

3,100 sf available for lease

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3MILE RADIUS

203,046Overal l Populat ion

75,950Employee Populat ion

$112,690Average HHI

43%Bachelor ’s Degree or Higher

38%Annual HHI of $100k+ 3

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1,288 Avg Weekday Passenger Boardings

Bay Street Station

982 Average WeekdayPassenger Boardings

Walnut Street Station

Gastro-Lounge

Valley & Bloom DevelopmentPhase I of Montclair Center Gateway Redevelopment Plan

• 258 Rental Apartments• 20,000 SF Office Space• 22,000 SF Retail Space• 571 Parking Spaces

The MC Hotel Marriott Autograph Collection

Phase II of Montclair Center Gateway Redevelopment Plan

• 120,000 SF, 8-story boutique hotel• 148 rooms• Includes outdoor plaza, farm-to-table

restaurant, rooftop bar• Expected to open 2018

Co-Tenants:

The SienaMixed Use

3.2 miles north

Montclair Residences atBay Street Station

THE WELLMONTTHEATER

1.9 miles east

1.6 miles north 3.5 miles north

20,000 students

24,233 AADT

GreekTaverna

Lackawanna StationRedevelopment

• New Grocer• New York City-style Restaurant Row• New Offices• New Residential• New Retail

Studio

Welmont Redevelopment on Seymour Street

SEYMOUR REDEVELOPMENT

CONFIDENTIALBRIAN KATZCEOEmail: [email protected]: (845) 735-2382

JONATHAN GREENBERGDirectorEmail: [email protected]: (845) 735-2283

MONTCLAIR | NEW JERSEY

AMY STAATSVice President of Real EstateEmail: [email protected]: (845) 735-2297

MONTCLAIR | NEW JERSEY

A DEVELOPMENT PARTNERED BY

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BLOOMFIELD AVECHURCH STREET

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SITE

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Montclair Retail Map

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Albazar Nori

Tuptim Thai Cuisine

Sweet Kitchen

The Bar MethodMontclair

PetiteParis

Cuban Pete’s

Walkway from Parking Garage

to Church Street

Oriental Rugs & AntiquesBowTie Clairidge Cinemas

PARK STREET

CHURCH STREET

SOUTH PARK STREET

BLOOMFIELD AVENUE

NORTH FULLERTON AVENUE

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Mediterranea Fine Cuisine of Montclair

Fiamma Wood Fired Pizza

Crescent Garage430 Spaces

North Fullerton Garage188 Spaces

The WoodhouseDay Spa

Low Level Aerial

SITE

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Municipal Parking Map

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Consumer Profiles

Trendsetters• Not only do Trendsetters residents spend freely on fashionable and branded clothing, they also

own the latest in cell phones and tablets• These consumers shop at Whole Foods or Trader Joe’s and buy organic when they can;

however, their cart is more often filled with prepared or ready-to-heat meals• Trendsetters residents jog, run, or walk for exercise and occasionally attend a yoga class• Trendsetters residents seek out new adventures—explore local arts and culture, take on new

hobbies such as drawing or painting; often make last-minute travel plans

Whole Foods Lululemon

Anthropologie Starbucks

$51,000median household income

top 3 budget allocations

food

housingeducation

Office & Administrative Supporttop occupation

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.5 mile radius 1 mile radius 3 mile radius 5 mile radiusPopulation

2017 Estimated Population 9,699 23,541 203,046 604,6412022 Projected Population 9,816 23,885 205,171 618,699

2010 Census Population 9,241 22,699 200,732 592,1462000 Census Population 10,028 23,750 203,526 597,015

2017 Median Age 36.4 38.5 39.5 37.7

Households2017 Estimated Households 4,697 10,349 81,607 228,8202022 Projected Households 4,783 10,559 82,969 235,390

2010 Census Households 4,403 9,637 78,237 218,8582000 Census Households 4,266 9,513 79,304 219,614

Historical Annual Growth 2000 to 2017 0.6% 0.5% 0.2% 0.2%Projected Annual Growth 2017 to 2022 0.4% 0.4% 0.3% 0.6%

Households by Race2017 Estimated White 42% 54.1% 54.5% 50.7%

2017 Estimated Black or African American 44.8% 34.3% 29.2% 30.3%2017 Estimated American Indian & Native Alaskan 0.2% 0.1% 0.3% 0.4%

2017 Estimated Asian & Pacific Islander 5% 5.3% 7.6% 6.6%2017 Estimated Other Races 7.9% 6.2% 8.5% 12.1%

2017 Estimated Hispanic 12.9% 9.9% 17.4% 24.9%

Income2017 Estimated Average Household Income $96,087 $137,976 $112,690 $96,1462017 Estimated Median Household Income $71,181 $95,013 $87,657 $76,579

2017 Estimated Per Capita Income $46,636 $60,733 $45,347 $36,492

Education (Age 25+)2017 High School Graduate 17.3% 15.1% 25.2% 28.9%

2017 Some College 15.2% 13.2% 16% 16.9%2017 Associates Degree Only 6.3% 5.1% 6.1% 5.8%2017 Bachelors Degree Only 32.7% 33.3% 25.4% 21.7%

2017 Graduate Degree 20.5% 27.7% 17.6% 13.4%

BusinessNumber of Businesses 1,181 1,894 8,935 23,118

Total Number of Employees 8,634 13,741 75,950 225,459

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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 New 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.

Holly [email protected]

Curtis [email protected]

201.777.2300

125 Chubb AvenueSuite 150 S Lyndhurst, NJ 07071

www.ripconj.com

EXCLUSIVE REPRESENTATION