Bank of America - Staten Island, NY
3881 Richmond Ave, Staten Island, NY, 10312-3840, US
€3,909,000 | 324 m²
Jones Lang LaSalle Americas, Inc (“JLL”) is pleased to exclusively offer Stafford Park, a 140,893 square foot, high performing, open air shopping center located in Stafford Township, NJ. The 100% leased Property features a stable, predictable revenue stream from high credit and best-in-class shadow anchors in Target and Costco driving traffic to the Property from the extended trade radius. The Property provides investors a tenant lineup with +13.8 years of weighted average tenure and over 85% of gross income derived from credit and anchor tenancy that includes Dick’s Sporting Goods, Best Buy, PetSmart and more.
Stafford Park is the center of gravity open air shopping center in the extended trade area along the Garden State Parkway (+24,200 VPD), ranking as the #1 most visited shopping center within a 15-mile radius with over 3.4 million visits over the last 12 months.
Stafford Park offers investors secure, long-term income from an essential tenant base where over 100% of the Property’s gross income is derived from national tenancy. The Property is located in an ideal coastal New Jersey community with direct access and visibility from the highly trafficked Garden State Parkway with a 5-mile population of +52,100 and average household income of $119,578.