Investment Highlights
- Anchored by a 65,155 square foot ShopRite, the market leading grocer within the Greater New York City MSA with sales exceeding $1,200 per square foot.
- 94% of the owned GLA is leased to national tenants, anchored by ShopRite, Kohls, Ross, Barnes & Noble, Staples, Michaels, Old Navy, Burlington and PetSmart
- The entirety of Hamilton Marketplace is 974,801 square feet, including 489,707 square feet of shadow tenants anchored by high performing Walmart, BJ's Wholesale and Lowe's stores
- Incredibly high performing regional power center, with 88% of total GLA performing at average annual sales of $466/sf
- 37% of the GLA rolls to market with no tenant options within a 10-year hold period, offering a tremendous mark to market rent opportunity and add missing industries like furniture, sporting goods, fitness and medical
- Strategically positioned at the confluence of Route-130 (33,067 VPD) and I-195 (73,029), which feeds into the New Jersey Turnpike (147,562 VPD) approximately 2-miles east of the property providing access to Philadelphia and New York City in approximately an hour drive
- One of the most heavily trafficked shopping destinations in New Jersey – 8.7M annual visits, ranked #1 out of 98 centers within 15-miles and #14 out of 1,022 centers in NJ in visitor traffic counts per Placer.ai
Exclusively listed by
Broker of Record
John Horowitz
Senior Vice President/Division Manager
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