For Lease

Berkeley Square - 248-260 Springfield Ave Berkeley Heights, NJ
CITY: COUNTY: STATE: STATUS:
Berkeley Heights United States NJ For Lease

LOCATION

248-260 Springfield Avenue (CR 512)

Berkeley Heights, NJ 07922

 

PROPERTY DESCRIPTION

The gateway shopping center into Berkeley Heights, comprising 18,659 SF with 72 onsite parking spaces. Successful Primrose Schools anchor plus adjacent elementary school.  Region affords strong daytime population surrounded by over 4M SF of Class A corporate office parks within 3 miles.

 

AVAILABLE SPACE BLDG II

Unit 1: 2,549 SF endcap including FF&E

  • Move-in condition, quality designed and constructed deli with 40 seats, plus additional patio seating

 

RENTAL RATE

Provided subject to use and creditworthiness

 

CAM & RE TAXES

$9.15 psf projected 2019

 

OCCUPANCY

Approximately 30 days from

Landlord recapture of Unit 1

 

TRAFFIC COUNTS

ADT 15,025 Springfield Avenue (CR512)

 

COMMENTS

  • Less than 3 miles from Exit 40 of I-78;
  • Adjacent development includes Trap Rock Brewery, Chase Bank, TD Bank, Stop & Shop Supermarket, Walgreens;
  • Two blocks north of the brand new mixed use development including 250 apartments with construction slated for Fall 2019;
  • Potentially suitable uses include restaurants, bakery/deli, and medical;
  • According to Niche 2019 data, Berkeley Heights ranked #4 in Best Places To Live in Union County

 

DOWNLOAD PDF BROCHURE

 

 
 
If you would like to speak to a member of the Silbert Realty & Management team in regard to this opportunity,
please contact us, at 908.604.6900 for additional information.