
Bank of America - Staten Island, NY
3881 Richmond Ave, Staten Island, NY, 10312-3840, US
MYR 17,476,000 | 324 m²
Jones Lang LaSalle Americas, Inc. ("JLL"), a licensed real estate broker, is pleased to exclusively present the opportunity to acquire Essex Square (the "Property" or "Center"), a 16,096 square foot unanchored, multi-tenant shopping center located along the coveted Route 17 retail corridor in Lodi, New Jersey. This exceptional retail asset is 100% leased and maintains a strong, predominantly national tenant roster, with a weighted average tenure of ~11 years. 55% of Essex Square’s GLA consists of investment grade tenants.
The Property enjoys high visibility along Route 17, I-80, and Essex St which combined garners ~140K+ vehicles per day. The Center serves a dense and affluent population with 218,000 people with an average household income of $134,380 within 3 miles. Essex Square further benefits from its proximity to several high-quality residential developments and the most visited hospital in the state, Hackensack University Medical Center.
Essex Square represents the opportunity to acquire a high-profile unanchored retail asset with investment grade tenancy in a heavily trafficked location in the desirable and affluent Bergen County, NJ.