Sale and Lease

68 Route 46 Washington Twp -Target Retail Center
CITY: COUNTY: STATE: STATUS:
washington morris new jersey Sale and Lease

LOCATION

68 State Route 46

Washington Township, NJ 07840

 

PROPERTY DESCRIPTION

144,749 SF Target anchored community shopping center comprising three condominium units.  Successful development is situated on 29 acres at a signalized intersection, including a free-standing Visions Federal Credit Union ($3.6B) and 8,250 SF free-standing retail/commercial building. Development contains over 1,400’ frontage along State Route 46, with double sided pylon directory signage at traffic signal. The development served by city sewer, water, gas and electric plus hi-speed internet.

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OFFERING PRICE

$675,000 all cash payable upon closing

improved with steel in place

 

RENTAL RATE

$18.00 psf NNN- landlord vanilla shell

 

COMMENTS

  • Outstanding access/visibility along major commuter highway;
  • Target customer draw and “Food Avenue” to include Starbuck’s & Pizza Hut;
  • Major PRD’s within sub-market big box retail including Lowe’s Home Improvement;
  • Strong growth area within Western Morris County;
  • Potentially suitable uses may include: appliances, automotive parts, apparel/accessories, food/beverage, cellular/wireless, home furnishings, professional/ medical/dental, salon & day spa, sporting goods/ accessory, packaged wines/liquor, pet supplies, restaurants
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68 Route 46 Target Center Washington Twp Brochure 8.28.20.pdf
 
 
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.