638 Bloomfield Avenue Montclair, New Jersey · 2018. 6. 14. · Montclair Map MONTCLAIR ART MUSEUM...

10
2,130 SF VALLEY & BLOOM 638 Bloomfield Avenue Montclair, New Jersey 2,130 sf of space available

Transcript of 638 Bloomfield Avenue Montclair, New Jersey · 2018. 6. 14. · Montclair Map MONTCLAIR ART MUSEUM...

Page 1: 638 Bloomfield Avenue Montclair, New Jersey · 2018. 6. 14. · Montclair Map MONTCLAIR ART MUSEUM CULTURE AND COMMUNITY Over 100 years old and boasting over 12,000 items on display,

2,130 SF

VALLEY & BLOOM638 Bloomfield AvenueMontclair, New Jersey

2,130 sf of space available

Page 2: 638 Bloomfield Avenue Montclair, New Jersey · 2018. 6. 14. · Montclair Map MONTCLAIR ART MUSEUM CULTURE AND COMMUNITY Over 100 years old and boasting over 12,000 items on display,

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

2

Page 3: 638 Bloomfield Avenue Montclair, New Jersey · 2018. 6. 14. · Montclair Map MONTCLAIR ART MUSEUM CULTURE AND COMMUNITY Over 100 years old and boasting over 12,000 items on display,

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

3

Page 4: 638 Bloomfield Avenue Montclair, New Jersey · 2018. 6. 14. · Montclair Map MONTCLAIR ART MUSEUM CULTURE AND COMMUNITY Over 100 years old and boasting over 12,000 items on display,

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

1

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

4

Montclair Retail Map

N

Page 5: 638 Bloomfield Avenue Montclair, New Jersey · 2018. 6. 14. · Montclair Map MONTCLAIR ART MUSEUM CULTURE AND COMMUNITY Over 100 years old and boasting over 12,000 items on display,

5

Bloomfield Avenue

Valley Road

Ora

nge

Road

Bell

Stre

et

Fran

cis P

lace

St. L

ukes

Pla

ce

S. Mountai

n Avenue

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.

Page 6: 638 Bloomfield Avenue Montclair, New Jersey · 2018. 6. 14. · Montclair Map MONTCLAIR ART MUSEUM CULTURE AND COMMUNITY Over 100 years old and boasting over 12,000 items on display,

6

Municipal Parking Map

SITE

Page 7: 638 Bloomfield Avenue Montclair, New Jersey · 2018. 6. 14. · Montclair Map MONTCLAIR ART MUSEUM CULTURE AND COMMUNITY Over 100 years old and boasting over 12,000 items on display,

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

7

Page 8: 638 Bloomfield Avenue Montclair, New Jersey · 2018. 6. 14. · Montclair Map MONTCLAIR ART MUSEUM CULTURE AND COMMUNITY Over 100 years old and boasting over 12,000 items on display,

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

8

Page 9: 638 Bloomfield Avenue Montclair, New Jersey · 2018. 6. 14. · Montclair Map MONTCLAIR ART MUSEUM CULTURE AND COMMUNITY Over 100 years old and boasting over 12,000 items on display,

.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

9

Page 10: 638 Bloomfield Avenue Montclair, New Jersey · 2018. 6. 14. · Montclair Map MONTCLAIR ART MUSEUM CULTURE AND COMMUNITY Over 100 years old and boasting over 12,000 items on display,

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