For Lease
$15.60-$32 /SF/YR

875-975 Bloomfield AveWest Caldwell, NJ 07006

West Caldwell, NJ Shopping Center Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
116
Essex Mall, located at 875-975 Bloomfield Ave, West Caldwell, NJ 07006, presents a compelling investment opportunity. This 189,773 square foot, Class C shopping center boasts a prime location in Essex County, New Jersey, with exceptional visibility and accessibility. The property features two buildings, each single-story, totaling 20 suites. Currently, there are approximately 6,000 square feet of vacant space available, with two spaces ranging from 3,000 to 3,200 square feet each. Built in 1970, the center benefits from ample parking with 977 spaces and is conveniently situated on 18.59 acres of land. The property enjoys high traffic counts, exceeding 32,000 vehicles daily, due to its strategic location and six points of ingress/egress, including a signalized intersection on Bloomfield Avenue, Clinton Road, and Kirkpatrick Lane. The strong tenant mix includes established national brands such as Stop & Shop, Marshalls, PNC Bank, and others, ensuring a stable and attractive investment. This grocery-anchored center offers significant potential for growth and return on investment. The property's size, location, and existing tenant base make it an ideal acquisition for investors seeking a well-established retail asset in a thriving market. No elevators are present on the property.

Highlights

  • Corner lot.
  • Grocery-anchored shopping center with a strong tenant mix including national brands.
  • Two monument pylons offering prominent signage opportunities.
  • Tenant-controlled HVAC systems.
  • High traffic count exceeding 32,000 vehicles per day.
  • Multiple points of ingress and egress, including a signalized intersection.

Property Details for 875-975 Bloomfield Ave

Property type
Retail properties
RSF (Rentable sq. ft)
189,773 SF
Class
C
Year Built
1970
Buildings
2
Stories
1

Unit(s) available at that property

Space
Suite 20
Size
3,000 SF
Rate per SF
$15.60
Space
Suite 8
Size
3,200 SF
Rate per SF
$32

Location Insight

City
West Caldwell
County
Essex
State
New Jersey
Latitude
40.852977980047
Longitude
-74.299680410718
875-975 Bloomfield Ave, West Caldwell, New Jersey

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875-975 Bloomfield Ave
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