32-40 NORTH DEAN STREET Englewood, New Jersey 950 sf available for lease

Transcription

1 32-40 ORTH DEA REET Englewood, ew Jersey 950 sf available for lease

2 Property Description ORTH DEA REET EGLEWOOD, J ADDRESS orth Dean Street Englewood, ew Jersey SPACE AVAILABLE 950 sf (can stay or LL can deliver vanilla box) POSSESSIO Immediate LEASE TYPE Gross Lease PARKIG Street and municipal parking COMMETS Fully built out jewelry store with safes and high security locks Great 1 mile incomes Vibrant downtown with over 15 national retailers eighboring Tenants ShopRite, Chipotle, PetValu, SuperCuts, Capital One, Subway, Starbucks, Mahattan Bagel, CVS Pharmacy 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 1 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 ATE ATE ATE ATE ATE ATE ATE ATE ATE HWY HWY HWY HWY HWY HWY HWY HWY HWY ATE ATE ATE ATE ATE ATE ATE ATE ATE HWY HWY HWY HWY HWY HWY HWY HWY HWY ATE ATE ATE ATE ATE ATE ATE ATE ATE HWY HWY HWY HWY HWY HWY HWY HWY HWY ATE ATE ATE ATE ATE ATE ATE ATE ATE 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 ATE ATE ATE ATE ATE ATE ATE ATE ATE 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 ATE ATE ATE ATE ATE ATE ATE ATE ATE HWY HWY HWY HWY HWY HWY HWY HWY HWY GARDE GARDE GARDE GARDE GARDE GARDE GARDE GARDE GARDE ATE ATE ATE ATE ATE ATE ATE ATE ATE PKY PKY PKY PKY PKY PKY PKY PKY PKY GARDE GARDE GARDE GARDE GARDE GARDE GARDE GARDE GARDEATEATEATEATEATEATEATE ATE ATEPKYPKYPKYPKYPKYPKYPKYPKYPKY River Edge ATE ATE ATE ATE ATE ATE ATE ATE ATE HWY HWY HWY HWY HWY HWY HWY HWY HWY 4 Hackensack Emerson Oradell ew Milford ATE HWY 4 Bogota Teaneck Haworth Dumont 3.00 MilesCresskill Bergenfield 5.00 Miles Closter 1.00 Mile Englewood 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 ATE ATE ATE ATE ATE ATE ATE ATE ATE PKY PKY PKY PKY PKY PKY PKY PKY PKY ATE ATE ATE ATE ATE ATE ATE ATE ATE HWY HWY HWY HWY HWY HWY HWY HWY HWY 3 ARDE ATE PKY mfield Clifton ATE HWY 3 ATE HWY 3 KIGSLAD utley SHIGTO SHIGTO SHIGTO SHIGTO SHIGTO SHIGTO SHIGTO SHIGTO SHIGTO AVE ATE HWY 3 ATE HWY 21 ATE HWY 21 ATE ATE ATE ATE ATE ATE ATE ATE ATE HWY 21 Wallington Rutherford RIDGE RIDGE RIDGE RIDGE RIDGE RIDGE RIDGE RIDGE RIDGE RD Felician College ATE HWY 3 Hasbrouck Heights Wood Ridge 11TH 11TH 11TH 11TH 11TH 11TH 11TH 11TH 11TH 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 Little Ferry Ridgefield Park US HWY 46 Ridgefield GRAD GRAD GRAD GRAD GRAD GRAD GRAD GRAD GRAD AVE ATE 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 ATE ATE ATE ATE ATE ATE ATE ATE ATE HWY HWY HWY HWY HWY HWY HWY HWY HWY 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-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 BOO BOO RD RD BOO BOO BOO BOO BOO BOO BOO BOO BOORDRD 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 EA VE U Bergen Performing Arts Center 250,000 visitors per year E O RT H DE A RE ET AD IP A IS IC AL TP U ES M W LP A RK I G O RT H VA BR U T Palisades Plaza apartment rentals ew Development COMIG SOO! 185 Residential Units EE TR ES TP AR GL EE KI Dw ig h Pr t-e e 8 p ngl s Sch ewo 6 tud o te e ol od ac n G E W! Towne Centre at Englewood 188 residential units W ES SO TE G LE W OO DA H UT VA B RU T TS RE ET he ts rs EA PARKIG GARAGE VE U E E R T COMIG SOO! PA LIS AD EA VE U m ile s E 13,2 2 7A AD T 7

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9 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. 9

10 Population Demographic Report 1 mile radius 3 mile radius 5 mile radius (excluding YC) ORTH DEA REET EGLEWOOD, J 2017 Estimated Population 20, , , Projected Population 21, , , Census Population 19, , , Census Population 18, , , Median Age Households 2017 Estimated Households 7,350 53, , Projected Households 7,641 54, , Census Households 7,085 51, , Census Households 6,545 50, ,440 Projected Annual Growth 2017 to % 0.5% 0.6% Historical Annual Growth 2000 to % 0.8% 0.8% Race 2017 Estimated White 40.6% 49.9% 53.9% 2017 Estimated Black or African American 37.1% 17.4% 11.9% 2017 Estimated American Indian & ative Alaskan 0.5% 0.3% 0.3% 2017 Estimated Asian & Pacific Islander 6.6% 22.6% 23.8% 2017 Estimated Other Races Estimated Hispanic 32.3% 20.2% 21.7% Income 2017 Estimated Average Household Income $136,892 $144,303 $126, Estimated Median Household Income $89,988 $107,929 $96, Estimated Per Capita Income $48,906 $51,411 $47,046 Education (Age 25+) 2017 High School Graduate 22.4% 19.8% 23.2% 2017 Some College 15.8% 12.8% 13.8% 2017 Associates Degree Only 3.8% 5.4% 5.5% 2017 Bachelors Degree Only 28.4% 32.1% 30.6% 2017 Graduate Degree 18.0% 22.4% 18.4% Business/Daytime 2017 Estimated umber of Businesses 1,810 8,566 20, Estimated Total umber of Employees 14,964 76, ,114 10

11 EXCLUSIVE REPRESETATIO Colby Piper 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.