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RETAIL SPACE AVAILABLE 315 S. Harrison Street EAST ORANGE, NJ

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Page 1: RETAIL SPACE AVAILABLE - LoopNet · • Lotus 315 is within a community of 2,000 plus residential units along South Harrison Street and a density of approximately 50,000 people within

RETAIL SPACE AVAILABLE315 S. Harrison Street

EAST ORANGE, NJ

Page 2: RETAIL SPACE AVAILABLE - LoopNet · • Lotus 315 is within a community of 2,000 plus residential units along South Harrison Street and a density of approximately 50,000 people within

Development Overview Location Highlights

▪ The building is in close proximity to Seton Hall University and East Orange VA hospital

▪ Significant corporate employers within a 5-mile radius include headquarters for Prudential, Panasonic, PSEG, and Horizon Blue Cross Blue Shield

▪ Universities within a 5-mile radius include Rutgers Newark and NJIT

• New construction mixed use building, with 180 residential units and 33,000 SF of retail space.

• Lotus 315 is within a community of 2,000 plus residential units along South Harrison Street and a density of approximately 50,000 people within a one-mile radius.

• Retail space is flexible up to 27,000 SF.

• Retail design currently includes a corner drive-thru and can also accommodate a day care with outdoor play space.

• Ceiling heights are 12’7”

• Over 90 retail parking spaces

• Completion of building: Q4 2018-Q1 2019

• Asking rent: Upon request

• NNN: Estimated $8.00/SF

Site Plan

Page 3: RETAIL SPACE AVAILABLE - LoopNet · • Lotus 315 is within a community of 2,000 plus residential units along South Harrison Street and a density of approximately 50,000 people within

Development Overview

▪ 22 story brick and glass ground floor retail and luxury residential tower

▪ 245 Apartments; studios to three bedrooms

▪ 285 Parking spaces in structured garage

▪ 1,000 SF Police Sub-station on Park Place

Retail Highlights

▪ 13,111 SF of leasable space along Center and Mulberry Streets (divisible)

▪ Dedicated loading dock and service corridor

▪ 24 Ground floor parking spaces available for retail use

▪ Space delivered as Vanilla Shell

▪ 15’ Ceiling height to deck

▪ Outdoor seating available

▪ Venting possible

▪ Asking rent – upon request

▪ NNN – Estimated $8

Residential Highlights

▪ 60% studio and 1 bedroom units

▪ 40% 2 and 3 bedroom units

▪ Grand lobby with 24-hour concierge and on-site management office

▪ Expansive fitness facility with separate yoga and locker rooms

▪ Club room, board and meeting rooms, game room, demonstration kitchen, and outdoor terrace

The Park View at 320

Oakwood Towers

Harrison Park Towers

Aura 240

Monte Irvin Orange Park

Value

Zone

Oakwood Ave.

Elementary School

Market Aerial

Page 4: RETAIL SPACE AVAILABLE - LoopNet · • Lotus 315 is within a community of 2,000 plus residential units along South Harrison Street and a density of approximately 50,000 people within

For more information please contact:

Marta VillaSenior Vice PresidentD: +1 201 528 4411M: +1 973 715 [email protected]

Area profile 1 Mile 2 Mile 3 Mile

Population 51,754 183,430 365,107

Med. HH Income $38,505 $42,665 $45,397

Daytime Employees 18,238 43,460 102,030

Businesses 1,516 4,178 8,286

Traffic counts

S. Harrison Street 13,172 VPD

Central Avenue 13,763 VPD

I-280 102,190 VPD

Market Snapshot