ESSEX GREEN TOWN CENTER - LoopNet...- Shadow anchored by LA Fitness - Located adjacent to Courtyard...
12
ESSEX GREEN TOWN CENTER 495 PROSPECT AVENUE WEST ORANGE, NEW JERSEY For discussion purposes only, subject to change and municipal approval
Transcript of ESSEX GREEN TOWN CENTER - LoopNet...- Shadow anchored by LA Fitness - Located adjacent to Courtyard...
E S S E X G R E E N T O W N C E N T E R4 9 5 P R O S P E C T AV E N U E
W E S T O R A N G E , N E W J E R S E Y
For discussion purposes only, subject to change and municipal approval
Clifton
East Orange
Irvington
Madison
Florham Park
ChathamMaplewoodMillburn
South Orange
Bloomfield
West Orange
Montclair
Livingston
Verona
Cedar Grove
West Caldwell
RoselandEssex Fells
Caldwell
North Caldwell
Belleville Lyndhurst
North Arlington
Nutley
Rutherford
Wallington
Hasbrouc
East Ruth
East Newark Kearny
Harrison
ParsippanyParsippanyParsippanyParsippanyParsippanyParsippanyParsippanyParsippanyParsippany
Pine BrookPine BrookPine BrookPine BrookPine BrookPine BrookPine BrookPine BrookPine Brook
WhippanyWhippanyWhippanyWhippanyWhippanyWhippanyWhippanyWhippanyWhippany
VauxhallVauxhallVauxhallVauxhallVauxhallVauxhallVauxhallVauxhallVauxhall
Wood RidgeWood RidgeWood RidgeWood RidgeWood RidgeWood RidgeWood RidgeWood RidgeWood Ridge
Dickinson UniversityDickinson UniversityDickinson UniversityDickinson UniversityDickinson UniversityDickinson UniversityDickinson UniversityDickinson UniversityDickinson University
Caldwell CollegeCaldwell CollegeCaldwell CollegeCaldwell CollegeCaldwell CollegeCaldwell CollegeCaldwell CollegeCaldwell CollegeCaldwell College
Morristown MuniMorristown MuniMorristown MuniMorristown MuniMorristown MuniMorristown MuniMorristown MuniMorristown MuniMorristown Muni Bloomfield CollegeBloomfield CollegeBloomfield CollegeBloomfield CollegeBloomfield CollegeBloomfield CollegeBloomfield CollegeBloomfield CollegeBloomfield College
e Of St Elizabethe Of St Elizabethe Of St Elizabethe Of St Elizabethe Of St Elizabethe Of St Elizabethe Of St Elizabethe Of St Elizabethe Of St Elizabeth
Rutgers UniversityRutgers UniversityRutgers UniversityRutgers UniversityRutgers UniversityRutgers UniversityRutgers UniversityRutgers UniversityRutgers UniversitySeton Hall UniversitySeton Hall UniversitySeton Hall UniversitySeton Hall UniversitySeton Hall UniversitySeton Hall UniversitySeton Hall UniversitySeton Hall UniversitySeton Hall University
Upsala CollegeUpsala CollegeUpsala CollegeUpsala CollegeUpsala CollegeUpsala CollegeUpsala CollegeUpsala CollegeUpsala College
Essex CountyEssex CountyEssex CountyEssex CountyEssex CountyEssex CountyEssex CountyEssex CountyEssex County
Saint PSaint PSaint PSaint PSaint PSaint PSaint PSaint PSaint P
Felician CollegeFelician CollegeFelician CollegeFelician CollegeFelician CollegeFelician CollegeFelician CollegeFelician CollegeFelician College
Montclair State CollegeMontclair State CollegeMontclair State CollegeMontclair State CollegeMontclair State CollegeMontclair State CollegeMontclair State CollegeMontclair State CollegeMontclair State College
5.00 Miles5.00 Miles5.00 Miles5.00 Miles5.00 Miles5.00 Miles5.00 Miles5.00 Miles5.00 Miles
3.00 Miles3.00 Miles3.00 Miles3.00 Miles3.00 Miles3.00 Miles3.00 Miles3.00 Miles3.00 Miles
1.00 Mile1.00 Mile1.00 Mile1.00 Mile1.00 Mile1.00 Mile1.00 Mile1.00 Mile1.00 Mile
DRIVE TIMEMontclair
10 Minutes
East Hanover20 Minutes
Wayne25 Minutes
Clifton30 Minutes
Clifton
MontclairEast
Hanover
Short Hi l ls20 Minutes
ShortHills
2
West Orange
MARKET OVERVIEW
exceptional market
5MILE RADIUS
15MINUTE DRIVE
Population521,856
Households198,056
Average HHI$102,513
Bachelor ’s Degree or Higher37.4%
Employee Population181,454
Population1,081,098
Households401,444
Average HHI$96,040
Bachelor ’s Degree or Higher34%
Employee Population584,787
3
QUICK FACTS
- Average household income and per capita income within a 1 mile radius of the property are $164,035 and $67,642, respectively
- 34 acres of retai l cr it ical mass adjacent to I -280
- High volume anchors include ShopRite, Total Wine, and AMC Dine-In
- Shadow anchored by LA Fitness
- Located adjacent to Courtyard by Marriott and Cambria Suites
South Orange Arena
Residence
Thomas Edison National Historical Park
Turtle Back Zoo
4
MONTCLAIREagle RockReservation
Kessler Institute for Rehabilitation
LIVINGSTON
Codey Arena at South Mountain
EAST ORANGE
GLEN RIDGE
West OrangeHigh School
Daughters of Israel Nursing Facility
Thomas Edison Historical Park
Turtle BackZoo
Essex CountyCountry Club
CrestmontCountry Club
Essex FellsCountry Club
1 mile2 mile
56 at RoselandOffice Complex
ROSELANDMack-CaliCorporate Center
EXIT 42
WEST ORANGE PLAZA
N
PRO
SPEC
T A
VEN
UE
MT. PLEASANT AVENUE
MT. PLEASANT AVENUE
PROSPECT A
VENUE
5
ESSEX GREEN TOWN CENTER
102,
923
AA
DT
16,239 AADT
PROSPECT AVENUE
4.9 ACRES
+/- 255’
+/-300’
+/- 1440’
+/- 1005’
N
PROSPECT AVENUE
ROO
NEY
CIR
CLEROONEY CIRCLE
MARION DRIVE
Executive Hill Office Center
New Jersey Cardiology Associates
MT. PLEASANT AVE.
EXECUTIVE DRIVE
Villas At Eagle Ridge
GU
ERIN
O D
RIV
E
Exit 8A
Exit 8A
Exit 8B
Cambria Hotel
6
OBLIQUE AERIAL
7
LEASING PLAN - UPPER LEVEL
8
LEASING PLAN - LOWER LEVEL
9
PROPOSED SIGNAGE PLAN
10
RENDERINGS
11
1 mile radius 3 mile radius 5 mile radius 10 mile radiusP o p u l a t i o n
2017 Estimated Population 8,694 158,330 521,856 1,703,756
2022 Projected Population 8,787 160,344 534,930 1,750,4202010 Census Population 8,592 155,862 512,402 1,656,650
2000 Census Population 8,442 159,349 527,876 1,643,429
Historical Annual Growth 2000 to 2017 0.2% - -0.1% 0.2%
Projected Annual Growth 2017 to 2022 0.2% 0.3% 0.5% 0.5% 2016 Median Age 44.3 39.1 37.7 37.2
H o u s e h o l d s2017 Estimated Households 3,584 61,785 198,056 614,4722022 Projected Households 3,641 62,957 204,093 635,309
2010 Census Households 3,453 59,061 189,026 587,9312000 Census Households 3,305 59,737 191,663 585,931
Historical Annual Growth 2000 to 2017 0.5% 0.2% 0.2% 0.7%
Projected Annual Growth 2017 to 2022 0.3% 0.4% 0.6% 0.3%
H o u s e h o l d s b y R a c e2017 Estimated White 62.3% 42.9% 41.8% 52.7%
2017 Estimated Black or African American 21.6% 43.3% 41.7% 26.7% 2017 Estimated Asian & Pacific Islander 12.4% 6.3% 6.2% 7.4%
2017 Estimated American Indian & Native Alaskan 0.1% 0.3% 0.3% 0.4% 2017 Estimated Other Races 3.5% 7.2% 10.0% 12.9%
2017 Estimated Hispanic 9.2% 13.5% 19.0% 27.8%
I n c o m e2017 Estimated Average Household Income $ 164,035 $ 115,728 $102,513 $ 96,635 2017 Estimated Median Household Income $ 117,011 $ 87,812 $ 80,216 $ 77,316
2017 Estimated Per Capita Income $67,642 $ 45,240 $ 39,002 $ 35,038
Education (Age 25+)2017 Elementary 4.4% 5.4% 6.3% 7.9%
2017 Some High School 1.7% 4.7% 6.6% 7.1%
2017 High School Graduate 16.5% 24.1% 27.2% 30.2% 2017 Some College 11.3% 15.7% 16.8% 16.3%
2017 Associates Degree Only 7.2% 5.7% 5.7% 5.4% 2017 Bachelors Degree Only 31.2% 25.6% 22.2% 20.3%
2017 Graduate Degree 27.7% 18.8% 15.2% 12.8%
B u s i n e s sNumber of Businesses 581 7,271 19,652 78,323
Total Number of Employees 5,858 65,390 181,454 902,821Employee Population per Business 10.1 9.0 9.5 11.5
Residential Population per Business 15.0 21.8 26.6 21.8
DEMOGRAPHICS
11
Please visit us at www.ripconj.com for more information.
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.
201.777.2300
Curtis [email protected]
Jake [email protected]
