638 Bloomfield Avenue Montclair, New Jersey · 2018. 6. 14. · Montclair Map MONTCLAIR ART MUSEUM...
Transcript of 638 Bloomfield Avenue Montclair, New Jersey · 2018. 6. 14. · Montclair Map MONTCLAIR ART MUSEUM...
2,130 SF
VALLEY & BLOOM638 Bloomfield AvenueMontclair, New Jersey
2,130 sf of space available
Space Available 2,130 sf
Asking Rent Upon Request
NNN $7.00 psf
Co-Tenants
Neighborings
Comments • Retail space at base of new luxury mixed-use residential, retail & office building• Two towers of 258 upscale apartments• Located adjacent to the Marriott MC Hotel• 574 on-site parking spaces• NJ Transit bus stop in front of retail
VALLEY & BLOOM638 Bloomfield Avenue Montclair, New Jersey
2,130 sf available for lease
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3MILE RADIUS
172,214Overal l Populat ion
66,403Employee Populat ion
$124,990Average HHI
48%Bachelor ’s Degree or Higher
42.3%Annual HHI of $100k+
SITE
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982 Average WeekdayPassenger Boardings
1,288 Avg Weekday Passenger Boardings
Bay Street Station
Walnut Street Station
BLOOMFIELD AVENUE
Gastro-Lounge
The SienaMixed Use
3.2 miles north
Montclair Residences atBay Street Station
THE WELLMONTTHEATER
24,233 AADT
1.9 miles east
3.5 miles north
20,000 students
GreekTaverna
Lackawanna StationRedevelopment
• New Grocer• New York City-style Restaurant Row• New Offices• New Residential• New Retail
Studio
CHURCH STREET
Welmont Redevelopment on Seymour Street
SEYMOUR REDEVELOPMENT
CONFIDENTIALBRIAN KATZCEOEmail: [email protected]: (845) 735-2382
JONATHAN GREENBERGDirectorEmail: [email protected]: (845) 735-2283
MONTCLAIR | NEW JERSEY
AMY STAATSVice President of Real EstateEmail: [email protected]: (845) 735-2297
MONTCLAIR | NEW JERSEY
A DEVELOPMENT PARTNERED BY
Montclair SitesSite : 34 Church Street - Approximately 5,000 SF
Site 2 : Hampton House - 467 Bloomfield Avenue - 5,000 SF
Site 3 : Welmont Redevelopment - Seymour Street
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SITEValley & Bloom DevelopmentPhase I of Montclair Center Gateway Redevelopment Plan
• 258 Rental Apartments• 20,000 SF Office Space• 22,000 SF Retail Space• 571 Parking Spaces
The MC Hotel Marriott Autograph Collection
Phase II of Montclair Center Gateway Redevelopment Plan
• 120,000 SF, 8-story boutique hotel• 148 rooms• Includes outdoor plaza, farm-to- table restaurant, rooftop bar• Expected to open 2018
Co-Tenants:
1.6 miles north
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Montclair Retail Map
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Valley Road
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Montclair Map
MONTCLAIR ART MUSEUMCULTURE AND COMMUNITY
Over 100 years old and boasting over 12,000 items on display, Montclair Art Museum is a center of
multiple disciplines of art, with a particular focus on American and Native American art forms. The
first Friday of the month extends free admission, encouraging new patrons to join in on all the
museum has to offer. More than 70,000 people visit the museum per year, and with all that the
museum has on display, it’s easy to see why!
WHOLE FOODSWHERE INSPIRATION STRIKES
Whole Foods offers its shoppers the highest quality and premier selection of fresh, and prepared foods. Located on
Bloomfield Avenue, Montclair’s Whole Foods has been a part of the community for 20 years, and continues to be the hub of
organic (and conventional) groceries to residents.
VALLEY & BLOOMHOSPITALITY
Newly opened, this mixed-use complex is part of the Montclair Gateway
Redevelopment Plan. Phase I of the plan, which includes the residential portion,
features 258 rental units. Phase II is currently under construction, and involves the
development of the MC Hotel, a branch of the Marriott International’s Autograph
Collection. In total, Valley & Bloom’s two, six-story buildings offer 258 rental units, 20,000
square feet of office space, 20,000 square feet of retail space and 574 parking spaces.
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Municipal Parking Map
SITE
2,130 SF33’6” x 62’8”
Al SognoItalian Bistro
Building One - Base20,000 + SF Professional Office
Regis & Sotheby’s
Building Two - Base20,000 + SF Retail
RetailParking
Deck
NEWMarriott Hotel
The MC
Bloomfield Avenue
Valley Road
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Consumer Profiles
Trendsetters• Not only do Trendsetters residents spend freely on fashionable and branded clothing, they also
own the latest in cell phones and tablets• These consumers shop at Whole Foods or Trader Joe’s and buy organic when they can;
however, their cart is more often filled with prepared or ready-to-heat meals• Trendsetters residents jog, run, or walk for exercise and occasionally attend a yoga class• Trendsetters residents seek out new adventures—explore local arts and culture, take on new
hobbies such as drawing or painting; often make last-minute travel plans
Whole Foods Lululemon
Anthropologie Starbucks
$51,000median household income
top 3 budget allocations
food
housingeducation
Office & Administrative Supporttop occupation
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.5 mile radius 1 mile radius 3 mile radius 5 mile radiusPopulation
2017 Estimated Population 6,954 20,410 172,214 541,4192022 Projected Population 7,037 20,671 174,022 551,959
2010 Census Population 6,496 19,612 169,677 530,7172000 Census Population 6,615 20,672 172,989 533,38-
2017 Median Age 38.5 39 39.8 38.3
Households2017 Estimated Households 3,501 9,417 68,860 207,0692022 Projected Households 3,563 9,592 70,008 212,318
2010 Census Households 3,136 8,747 65,767 197,9932000 Census Households 3,089 8,646 66,679 198,007
Historical Annual Growth 2000 to 2017 0.8% 0.5% 0.2% 0.3%Projected Annual Growth 2017 to 2022 0.4% 0.4% 0.3% 0.5%
Households by Race2017 Estimated White 61.6% 54.9% 59.3% 52%
2017 Estimated Black or African American 26.5% 33.2% 25.6% 29.1%2017 Estimated American Indian & Native Alaskan 0.2% 0.1% 0.2% 0.3%
2017 Estimated Asian & Pacific Islander 5.9% 5.5% 7.5% 7.0%2017 Estimated Other Races 5.8% 6.2% 7.3% 11.6%
2017 Estimated Hispanic 9.6% 10.5% 15.2% 23.7%
Income2017 Estimated Average Household Income $126,727 $127,168 $124,990 $100,9282017 Estimated Median Household Income $87,958 $88,128 $96,875 $80,201
2017 Estimated Per Capita Income $63,929 $58,759 $50,046 $38,693
Education (Age 25+)2017 High School Graduate 11.4% 15.1% 23.1% 27.9%
2017 Some College 12.8% 13.5% 14.9% 16.5%2017 Associates Degree Only 4.8% 5.1% 5.7% 5.7%2017 Bachelors Degree Only 36.8% 33.7% 27.8% 22.8%
2017 Graduate Degree 28.7% 26.7% 20.2% 14.4%
BusinessNumber of Businesses 985 1,832 7,987 21,325
Total Number of Employees 6,188 13,511 66,403 198,547
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Whether it is financial services, high end designers, new retail concepts, big boxes or major owners and developers; Ripco can implement storefront strategies. We understand retail real estate in New Jersey has an intrinsic value and we can help in ascertaining that worth for both retailers and developers. This information has been secured from sources we believe to be reliable, but we make no representations as to the accuracy of the information. References to square footage are approximate. Buyer must verify the information and bears all risk for any inaccuracies.
Florian [email protected]
Alison [email protected]
201.777.2300
125 Chubb AvenueSuite 150 S Lyndhurst, NJ 07071
www.ripconj.com
EXCLUSIVE REPRESENTATION