market place at franklin · unit 104: 1,525 sf unit 106: 1,217 sf unit 107: 2,045 sf rental rate...
TRANSCRIPT
Market Place at FranklinFranklin Township, Somerset County, NJ
PROPERTY DESCRIPTION
74,130 SF Stop & Shop supermarket anchored
community shopping center with 5,912 SF
satellite retail available for lease, contiguous
Wine & Liquor store and Laundromat. Proposed
Phase II which will aggregate 300,000 SF full
build-out and include pad development along
Route 27 plus multi-family.
PARKING
5 space per 1,000 SF
TRAFFIC COUNTS
ADT 18,012 Route 27
COMMENTS
Approximately thirty minutes from NYC and
five minutes from New Brunswick, this
densely populated submarket is located in a
suburban setting in close proximity to
Johnson & Johnson's headquarters, Rutgers
University, Robert Wood Johnson University
Hospital and the Middlesex County
Courthouse;
Multiple points of ingress/egress;
Pylon signage;
WINNER 2008 Money Magazine‘s BEST
PLACES TO LIVE Top 100. Franklin Twp.
Somerset County NJ ranked: #5;
LOCATION
1221 Route 27, Franklin Twp., NJ 08873
AVAILABLE SPACE
Phase I:
Unit 104: 1,525 SF
Unit 106: 1,217 SF
Unit 107: 2,045 SF
RENTAL RATE
$22.00 psf NNN
PROJECTED R.E. TAXES & CAM
2018 projected $8.02 psf
OCCUPANCY
Immediate
DEMOGRAPHICS 2018 PROJECTION
2 Mile Radius
Population 46,163
Median HH Income $79,439
Average HH Income $101,657
Median Age 35.4
Total Households 15,397
Daytime Population 35,283
3 Mile Radius
Population 124,547
Median HH Income $77,035
Average HH Income $100,107
Median Age 33.2
Total Households 39,911
Daytime Population 103,311
5 Mile Radius
Population 232,651
Median HH Income $91,330
Average HH Income $115,259
Median Age 35.2
Total Households 77.157
Daytime Population 191,322
Although all information furnished regarding property for sale, rental or financing is from sources deemed reliable such information has not been verified, and no express
representation is made nor is any to be implied as to the accuracy thereof, and it is submitted subject to errors, omissions, changes of price, rental or other conditions, prior
sale, lease or financing, or withdrawal without notice.
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For Additional Information Contact:
Joel Tomlinson
Ass’t VP Retail Brokerage
908.604.6900 x 108
or
David Greenman,
Sr. VP Retail Services Group
908.604.6900 x 106
}Can be combined to 3,262 sf
152 Liberty Corner Road, Suite 203, Warren, NJ 07059
908-604-6900 • 908-604-2030 fax
Website: www.silbertrealestate.com • Email: [email protected]
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MARKET PLACE AT FRANKLIN – Unit 106: 1,217 SF
Former insurance office - in excellent condition
2 restrooms, Electric 200 amp 120 volt 3 phase
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MARKET PLACE AT FRANKLIN – AERIAL & PHOTO
Phase II
Expansion
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