retail + restaurant space (affordable liquor …...retail + restaurant space (affordable liquor...

13
Mixed Use/Retail/Residential Development RETAIL + RESTAURANT SPACE (AFFORDABLE LIQUOR LICENSE AVAILABLE) SHOPPES AT VERMELLA UNION 1011 MORRIS AVENUE AT GREEN LANE UNION | NEW JERSEY 1,188 SF - 2,552 SF Available ARTIST’S RENDERING

Upload: others

Post on 30-Jun-2020

4 views

Category:

Documents


1 download

TRANSCRIPT

Page 1: RETAIL + RESTAURANT SPACE (AFFORDABLE LIQUOR …...RETAIL + RESTAURANT SPACE (AFFORDABLE LIQUOR LICENSE AVAILABLE) SHOPPES AT VERMELLA UNION 1011 MORRIS AVENUE AT GREEN LANE ... Nancy

Mixed Use/Retail/Residential Development

RETAIL + RESTAURANT SPACE (AFFORDABLE LIQUOR LICENSE AVAILABLE)

SHOPPES AT VERMELLA UNION1011 MORRIS AVENUE AT GREEN LANEUNION | NEW JERSEY

1,188 SF - 2,552 SF

Available

ARTIST’S RENDERING

Page 2: RETAIL + RESTAURANT SPACE (AFFORDABLE LIQUOR …...RETAIL + RESTAURANT SPACE (AFFORDABLE LIQUOR LICENSE AVAILABLE) SHOPPES AT VERMELLA UNION 1011 MORRIS AVENUE AT GREEN LANE ... Nancy

LOCATIONThe Shoppes at Vermella Union1011 Morris AvenueMorris Avenue and Green Lane

SPACE DETAILS

SIZEB2B 1,976 SFB3B 2,552 SFB3E 1,188 SFB3F 1,573 SF

NNN$8.75 psf (est.)

RETAIL DELIVERYSpring 2019

PARKING236 retail parking spaces

PYLON SIGNAGEYes

RESIDENTIAL UNITS1,264 units on site• Studio 447• 1 BR 607• 2 BR 180

Studio % 381 BR % 482 BR % 14

AREA DRIVERSKean University - 16,000 students & Faculty

SHOPPES AT VERMELLA UNION UNION, NJ ripcony.com

Now open!

Page 3: RETAIL + RESTAURANT SPACE (AFFORDABLE LIQUOR …...RETAIL + RESTAURANT SPACE (AFFORDABLE LIQUOR LICENSE AVAILABLE) SHOPPES AT VERMELLA UNION 1011 MORRIS AVENUE AT GREEN LANE ... Nancy

CONCEPTUAL RETAIL SITE PLAN

LEASE LEGEND

SPACE # USE SF

B1

B2A

B2B AVAILABLE 1,976

B3A

B3B AVAILABLE 2,552

B3C NATIONAL BURGER IN LEASE

B3D

B3E AVAILABLE 1,188

B3F AVAILABLE 1,573

B3G

17’ 1

1”23

36’ 1”

74’ 7.5”

IN LEASE/LEASED

AVAILABLE

B2B

B3B

B3F

RESTAURANT SPACE W/ PATIO AND LIQUOR LICENSE AVAILABLE

PARK W/OUTDOOR

STAGE

B3E17’

76’

Page 4: RETAIL + RESTAURANT SPACE (AFFORDABLE LIQUOR …...RETAIL + RESTAURANT SPACE (AFFORDABLE LIQUOR LICENSE AVAILABLE) SHOPPES AT VERMELLA UNION 1011 MORRIS AVENUE AT GREEN LANE ... Nancy

FLOOR PLANS

B2B B3B

Page 5: RETAIL + RESTAURANT SPACE (AFFORDABLE LIQUOR …...RETAIL + RESTAURANT SPACE (AFFORDABLE LIQUOR LICENSE AVAILABLE) SHOPPES AT VERMELLA UNION 1011 MORRIS AVENUE AT GREEN LANE ... Nancy

FLOOR PLANS

B3E B3F

Page 6: RETAIL + RESTAURANT SPACE (AFFORDABLE LIQUOR …...RETAIL + RESTAURANT SPACE (AFFORDABLE LIQUOR LICENSE AVAILABLE) SHOPPES AT VERMELLA UNION 1011 MORRIS AVENUE AT GREEN LANE ... Nancy

AREA NEIGHBORS/ADDITIONAL PHOTOS

Page 7: RETAIL + RESTAURANT SPACE (AFFORDABLE LIQUOR …...RETAIL + RESTAURANT SPACE (AFFORDABLE LIQUOR LICENSE AVAILABLE) SHOPPES AT VERMELLA UNION 1011 MORRIS AVENUE AT GREEN LANE ... Nancy

AREA NEIGHBORS/ADDITIONAL PHOTOS

Page 8: RETAIL + RESTAURANT SPACE (AFFORDABLE LIQUOR …...RETAIL + RESTAURANT SPACE (AFFORDABLE LIQUOR LICENSE AVAILABLE) SHOPPES AT VERMELLA UNION 1011 MORRIS AVENUE AT GREEN LANE ... Nancy

AREA NEIGHBORS/ADDITIONAL PHOTOS

Page 9: RETAIL + RESTAURANT SPACE (AFFORDABLE LIQUOR …...RETAIL + RESTAURANT SPACE (AFFORDABLE LIQUOR LICENSE AVAILABLE) SHOPPES AT VERMELLA UNION 1011 MORRIS AVENUE AT GREEN LANE ... Nancy

AREA DEMOGRAPHICS

1 MILE RADIUSPOPULATION25,884 HOUSEHOLDS8,309MEDIAN AGE37.0AVERAGE HOUSEHOLD INCOME$104,720

3 MILE RADIUSPOPULATION143,639HOUSEHOLDS50,011MEDIAN AGE36.9AVERAGE HOUSEHOLD INCOME$79,666

5 MILE RADIUSPOPULATION299,474HOUSEHOLDS104,085MEDIAN AGE36.0AVERAGE HOUSEHOLD INCOME$73,585

HH INCOME $100,000 & UP3,229 - 38.1%TOTAL EMPLOYEES7,741DAYTIME POPULATION (w/ 16 yr +)15,873COLLEGE GRADUATES (Bachelor’s +)5,034 - 29.3%

HH INCOME $100,000 & UP12,943 - 25.9%TOTAL EMPLOYEES47,199DAYTIME POPULATION (w/ 16 yr +)88,711COLLEGE GRADUATES (Bachelor’s +)21,732 - 22.3%

HH INCOME $100,000 & UP24,279 - 23.3%TOTAL EMPLOYEES115,351 DAYTIME POPULATION (w/ 16 yr +)203,188COLLEGE GRADUATES (Bachelor’s +)41,906 - 20.8%

SHOPPES AT VERMELLA

Page 10: RETAIL + RESTAURANT SPACE (AFFORDABLE LIQUOR …...RETAIL + RESTAURANT SPACE (AFFORDABLE LIQUOR LICENSE AVAILABLE) SHOPPES AT VERMELLA UNION 1011 MORRIS AVENUE AT GREEN LANE ... Nancy

LOW-LEVEL AERIAL

MORRIS AVENUE

MORRIS AVENUE

27,312 VPD

27,312 VPD

MORRIS AVENUE

MORRIS AVENUE

LEHIGH AVENUE

LEHIGH AVENUE

RARITAN VALLEY LINE

RARITAN VALLEY LINE

Kean University: Business School

Coming Soon(2020 completion)

New JerseyNew JerseyCenter for Science,Center for Science,

Technology andTechnology andMathematicsMathematics Nathan WeissNathan Weiss

Graduate CollegeGraduate College

MironMironStudentStudentCenterCenter

WilkinsWilkinsTheatreTheatre

Vaughn-EamesVaughn-EamesHallHall

North AvenueNorth AvenueAcademicAcademicBuildingBuilding

NORTH AVENUE

NORTH AVENUE

DownsDownsHallHall

Nancy ThompsonNancy ThompsonLibraryLibrary

WillisWillisHallHall

HutchinsonHutchinsonHallHall

ScienceScienceBuildingBuilding

BruceBruceHallHall

TownshendTownshendHallHall

AdministrationAdministrationBuildingBuilding

TechnologyTechnologyBuildingBuilding

Maxine & Jack Lane Maxine & Jack Lane Center for Academic Center for Academic

SuccessSuccess

UpperclassmanUpperclassmanResidenceResidence

HallHallFreshmanFreshmanResidenceResidence

HallHall

BartlettBartlettHallHall

SozioSozioHallHall RogersRogers

HallHall

BurchBurchHallHall

DougallDougallHallHall WhitemanWhiteman

HallHall

Receiving/Receiving/DeliveriesDeliveriesFacilitiesFacilities

CougarCougarHallHall

HarwoodHarwoodArenaArena

D’AngelaD’AngelaGymnasiumGymnasium

AlumniAlumniStadiumStadium

Jim Hynes ‘63Jim Hynes ‘63StadiumStadium

TennisTennisCourtsCourts

KeanKeanHallHall

TownleyTownleyHouseHouse

Green LaneGreen LaneAcademicAcademicBuildingBuilding

EnlowEnlowRecital HallRecital Hall

Alumni HouseAlumni House

Liberty HallLiberty HallAcademic CenterAcademic Center

Liberty HallLiberty HallMansionMansion

CarriageCarriageHouseHouse

Elizabethtown GasElizabethtown GasBuildingBuilding

COLONIA

L AVENUE

COLONIA

L AVENUE

NNKean University - Green Lane Academic Building

Union Station

AVE Union Luxury Apartments

Page 11: RETAIL + RESTAURANT SPACE (AFFORDABLE LIQUOR …...RETAIL + RESTAURANT SPACE (AFFORDABLE LIQUOR LICENSE AVAILABLE) SHOPPES AT VERMELLA UNION 1011 MORRIS AVENUE AT GREEN LANE ... Nancy

MID-LEVEL AERIAL

Hillside High School818 students

Albert Einsten School793 students

Dr. Orlando Edreira Academy502 students

MAIN CAMPUSMAIN CAMPUS

LIBERTY CAMPUSLIBERTY CAMPUS

New RetailDevelopment

1 mile24,061 pop.

MORRIS AVENUE

MORRIS AVENUE

MO

RRIS AVENUE

MO

RRIS AVENUE

NJ Transit to Hoboken/ NY Penn Station

NN

UNION PLAZA SHOPPING CENTER

25,264 AADT

25,264 AADT

Facts & FiguresTOTAL STUDENT

POPULATION15,221

ON-CAMPUSRESIDENTS

1,728

TOTAL FULL-TIME FACULTY

352ADJUNCTFACULTY

953

1.55 miles to GSP

SHOPPES AT VERMELLA

EAST CAMPUSEAST CAMPUS

Page 12: RETAIL + RESTAURANT SPACE (AFFORDABLE LIQUOR …...RETAIL + RESTAURANT SPACE (AFFORDABLE LIQUOR LICENSE AVAILABLE) SHOPPES AT VERMELLA UNION 1011 MORRIS AVENUE AT GREEN LANE ... Nancy

DEMOGRAPHICS/HHI/DRIVE-TIME/SURVEY/POPULATION DENSITY/TRAFFIC COUNTS

DEMOGRAPHICS/HHI/DRIVE-TIME/SURVEY/POPULATION DENSITY/TRAFFIC COUNTS

CONCEPTUAL SITE PLAN

MORRIS AVENUE

Leasing Office& Amenities

Clubhouse & Pool

27,312 VPD27,312 VPD

Kean University: Business School

Coming Soon(2020 completion)

Retail Pylon Sign

FutureDevelopment

Dog Run

Loading Zone & Shuttle Stop

A

C

E1 E2

D

B2

B3

FutureDevelopment

Retail

368

Uni

ts

44 U

nits

44 Units

448

Uni

ts44

8 U

nits

Page 13: RETAIL + RESTAURANT SPACE (AFFORDABLE LIQUOR …...RETAIL + RESTAURANT SPACE (AFFORDABLE LIQUOR LICENSE AVAILABLE) SHOPPES AT VERMELLA UNION 1011 MORRIS AVENUE AT GREEN LANE ... Nancy

JAKE FRANTZMAN [email protected]

CURTIS [email protected]

CONTACT EXCLUSIVE AGENTS

RENDERING

125 Chubb AvenueSuite 150 SLyndhurst, NJ 07071201.777.2300

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.

Please visit us at ripcony.com for more information