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61,000 SF Space Available PROPOSED BIG BOX ANCHORED SHOPPING CENTER REDEVELOPMENT 20-10 TO 22-00 MAPLE AVENUE • FAIR LAWN, NJ

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Page 1: PROPOSED BIG BOX ANCHORED SHOPPING CENTER … · PROPOSED BIG BOX ANCHORED SHOPPING CENTER REDEVELOPMENT Property Description 20-10 TO 22-00 MAPLE AVENUE FAIR LAWN, NJ ADDRESS 20-10

61,000 SF

Space Available

PROPOSED BIG BOX ANCHOREDSHOPPING CENTER REDEVELOPMENT20-10 TO 22-00 MAPLE AVENUE • FAIR LAWN, NJ

Page 2: PROPOSED BIG BOX ANCHORED SHOPPING CENTER … · PROPOSED BIG BOX ANCHORED SHOPPING CENTER REDEVELOPMENT Property Description 20-10 TO 22-00 MAPLE AVENUE FAIR LAWN, NJ ADDRESS 20-10

PROPOSED BIG BOX ANCHOREDSHOPPING CENTER REDEVELOPMENT

20-10 TO 22-00 MAPLE AVENUE • FAIR LAWN, NJProperty Description

ADDRESS20-10 to 22-00 Maple AvenueFair Lawn, NJ

SPACE AVAILABLE Up to 61,000 sf; outparcel: 7,000 sf; 10,000 sf

ASKING RENT Upon Request

NNN $8.49 psf (est)

POSSESSION Immediate

COMMENTS Anchor space availablePad available

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Page 3: PROPOSED BIG BOX ANCHORED SHOPPING CENTER … · PROPOSED BIG BOX ANCHORED SHOPPING CENTER REDEVELOPMENT Property Description 20-10 TO 22-00 MAPLE AVENUE FAIR LAWN, NJ ADDRESS 20-10

PROPOSED BIG BOX ANCHOREDSHOPPING CENTER REDEVELOPMENT

20-10 TO 22-00 MAPLE AVENUE • FAIR LAWN, NJ

The borough of Fair Lawn is a 5.201 sq mile suburban town located in Bergen County. It is home to over 33,000 residents. It is located 10 miles from New York City, and home to a large number of commuters to New York City. Connected by train from two railroad stations on NJ Transit’s Bergen County Line. The town has been voted as one of the top 10 best places to live in New Jersey.

Fair Lawn

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Page 4: PROPOSED BIG BOX ANCHORED SHOPPING CENTER … · PROPOSED BIG BOX ANCHORED SHOPPING CENTER REDEVELOPMENT Property Description 20-10 TO 22-00 MAPLE AVENUE FAIR LAWN, NJ ADDRESS 20-10

PROPOSED BIG BOX ANCHOREDSHOPPING CENTER REDEVELOPMENT

20-10 TO 22-00 MAPLE AVENUE • FAIR LAWN, NJ

exceptional market

3Mile Radius

Populat ion225,732

Households75,402

Average HHI$95,590

Bachelor ’s Degree or Higher30.7%

Annual HHI of $100k+33.4%

10Minute Dr ive Time

Populat ion516,821

Households172,495

Average HHI$96,963

Bachelor ’s Degree or Higher31.3%

Annual HHI of $100k+34%

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Page 5: PROPOSED BIG BOX ANCHORED SHOPPING CENTER … · PROPOSED BIG BOX ANCHORED SHOPPING CENTER REDEVELOPMENT Property Description 20-10 TO 22-00 MAPLE AVENUE FAIR LAWN, NJ ADDRESS 20-10

PROPOSED BIG BOX ANCHOREDSHOPPING CENTER REDEVELOPMENT

20-10 TO 22-00 MAPLE AVENUE • FAIR LAWN, NJMarket Aerial

Fair Lawn Shopping Center

WestmorelandElementary School

RadburnElementary School

Glen Rock Middle & High School

Clara Coleman School

St. Catherine’sRoman Catholic Church

AlexanderHamilton School

Global TransportLogistics

Opici Wine Group

DobrowSports Complex

FAIR LAWN AVENUE

77,000 VPD

15,8

41 A

AD

T

Fair Lawn Promenade

Medical Arts Center

Radburn

Train

Station

Passaic River

Passaic River

Passaic River

The Brunch Club

US Post Office

Maple AvenuePediatrics

Fair Lawn Industries

MA

PLE

AVE

NU

E

N 5

Page 6: PROPOSED BIG BOX ANCHORED SHOPPING CENTER … · PROPOSED BIG BOX ANCHORED SHOPPING CENTER REDEVELOPMENT Property Description 20-10 TO 22-00 MAPLE AVENUE FAIR LAWN, NJ ADDRESS 20-10

PROPOSED BIG BOX ANCHOREDSHOPPING CENTER REDEVELOPMENT

20-10 TO 22-00 MAPLE AVENUE • FAIR LAWN, NJOblique Aerial

Pylon Sign

POM

ON

A AVEN

UE

ALBER

T AVEN

UEE

LORETTO AVENUE

MA

PLE

AV

ENU

E

15,8

41 AADT

FOREST STREET

New Building Pad - 7,000 sf

61,000 SFAvailable

Approx. 1,000 ft. to

FAIR LAWN INDUSTRIES

N

10,000 sf

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Page 7: PROPOSED BIG BOX ANCHORED SHOPPING CENTER … · PROPOSED BIG BOX ANCHORED SHOPPING CENTER REDEVELOPMENT Property Description 20-10 TO 22-00 MAPLE AVENUE FAIR LAWN, NJ ADDRESS 20-10

PROPOSED BIG BOX ANCHOREDSHOPPING CENTER REDEVELOPMENT

20-10 TO 22-00 MAPLE AVENUE • FAIR LAWN, NJSite Plan

Pylon Sign

61,000 sfAvailable

MA

PLE

AVEN

UE

MA

PLE

AV

ENU

E

Approx. 1,000 ft. to

New Building Pad - 7,000 sf

10,000 sf

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Page 8: PROPOSED BIG BOX ANCHORED SHOPPING CENTER … · PROPOSED BIG BOX ANCHORED SHOPPING CENTER REDEVELOPMENT Property Description 20-10 TO 22-00 MAPLE AVENUE FAIR LAWN, NJ ADDRESS 20-10

Pleasantville• 64% college educated; 34% with a bachelor’s degree or higher• Many couples have transitioned to empty nesters• Prefer fashion that is classic and timeless as opposed to trendy• Residents spend their spare time participating in a variety of sports or watching movies• Enjoy outdoor gardening, going to the beach, theme parks, museums, and rock concerts

Classic Fashion Entertainment

Outdoor Activities Media

$85,000median household income

Office & Administrative Supporttop occupation

top 3 budget allocations

pensions & social security housing

education

PROPOSED BIG BOX ANCHOREDSHOPPING CENTER REDEVELOPMENT

20-10 TO 22-00 MAPLE AVENUE • FAIR LAWN, NJDemographic Profiles

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Page 9: PROPOSED BIG BOX ANCHORED SHOPPING CENTER … · PROPOSED BIG BOX ANCHORED SHOPPING CENTER REDEVELOPMENT Property Description 20-10 TO 22-00 MAPLE AVENUE FAIR LAWN, NJ ADDRESS 20-10

Savvy Suburbanites• Married couples with no children or older children; average household size is 2.83.• Well-connected consumers that appreciate technology and make liberal use of it for everything from

shopping and banking to staying current and communicating• Informed shoppers that do their research prior to purchasing and focus on quality• They enjoy good food and wine, plus the amenities of the city’s cultural events

Technology

Quality Fitness

top 3 budget allocations

pensions & social security

education

entertainment & recreation

Enjoyment

$104,000median household income

Managementtop occupation

PROPOSED BIG BOX ANCHOREDSHOPPING CENTER REDEVELOPMENT

20-10 TO 22-00 MAPLE AVENUE • FAIR LAWN, NJDemographic Profiles

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Page 10: PROPOSED BIG BOX ANCHORED SHOPPING CENTER … · PROPOSED BIG BOX ANCHORED SHOPPING CENTER REDEVELOPMENT Property Description 20-10 TO 22-00 MAPLE AVENUE FAIR LAWN, NJ ADDRESS 20-10

Trendsetters• More than half have a bachelor’s degree• Trendsetters residents are singles— living alone or with roommates or partners• They choose to spend their disposable income on upscale city living and entertainment• 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 Market

Ramen Pinot’s Palette

Tablets

top 3 budget allocations

food

housingeducation

Office & Administrative Supporttop occupation

$51,000median household income

PROPOSED BIG BOX ANCHOREDSHOPPING CENTER REDEVELOPMENT

20-10 TO 22-00 MAPLE AVENUE • FAIR LAWN, NJDemographic Profiles

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Page 11: PROPOSED BIG BOX ANCHORED SHOPPING CENTER … · PROPOSED BIG BOX ANCHORED SHOPPING CENTER REDEVELOPMENT Property Description 20-10 TO 22-00 MAPLE AVENUE FAIR LAWN, NJ ADDRESS 20-10

PROPOSED BIG BOX ANCHOREDSHOPPING CENTER REDEVELOPMENT

20-10 TO 22-00 MAPLE AVENUE • FAIR LAWN, NJDemographic Report

1 mile radius 3 mile radius 5 mile radiusPopulation (excluding NYC)

2017 Estimated Population 21,390 225,732 459,7412022 Projected Population 21,911 233,495 473,931

2010 Census Population 20,619 222,303 449,6262000 Census Population 19,967 222,455 444,583

2017 Median Age 37.5 36.9 38.2

Households2017 Estimated Households 7,840 75,402 154,6512022 Projected Households 8,058 78,363 159,946

2010 Census Households 7,584 74,434 151,7782000 Census Households 7,595 73,663 150,727

Projected Annual Growth 2017 to 2022 521 7,763 14,190

Historical Annual Growth 2000 to 2017 1,423 3,278 15,158

Race2017 Estimated White 15,057 122,482 287,470

2017 Estimated Black or African American 1,566 50,199 65,5582017 Estimated American Indian & Native Alaskan 82 1,319 2,129

2017 Estimated Asian & Pacific Islander 1,617 14,873 38,6242017 Estimated Other Races 2,544 28,966 50,547

2017 Estimated Hispanic 6,739 78,796 142,915

Income2017 Estimated Average Household Income $110,003 $95,590 $105,4452017 Estimated Median Household Income $88,164 $77,091 $84,911

2017 Estimated Per Capita Income $40,328 $32,059 $35,584

Education (Age 25+)2017 High School Graduate 4,609 48,035 96,964

2017 Some College 2,387 22,483 46,8112017 Associates Degree Only 836 8,194 16,8872017 Bachelors Degree Only 3,212 29,068 67,672

2017 Graduate Degree 1,924 16,690 36,898

Business/Daytime2017 Estimated Number of Businesses 1,338 10,175 22,386

2017 Estimated Total Number of Employees 12,315 85,546 221,12911

Page 12: PROPOSED BIG BOX ANCHORED SHOPPING CENTER … · PROPOSED BIG BOX ANCHORED SHOPPING CENTER REDEVELOPMENT Property Description 20-10 TO 22-00 MAPLE AVENUE FAIR LAWN, NJ ADDRESS 20-10

Daniel [email protected]

Curtis [email protected]

www.ripconj.com

125 Chubb AvenueSuite 150 S Lyndhurst, NJ 07071201.777.2300

EXCLUSIVE REPRESENTATION

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.