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THE PROMENADE SHOPS AT CLIFTON 852 Route 3 Westbound • Clifton, NJ

THE PROMENADE SHOPS AT CLIFTON€¦ · Inspired by New York City’s metropolitan flavor, the lifestyle center showcases a collection of stunning architectural structures surrounding

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Page 1: THE PROMENADE SHOPS AT CLIFTON€¦ · Inspired by New York City’s metropolitan flavor, the lifestyle center showcases a collection of stunning architectural structures surrounding

THE PROMENADE SHOPS AT CLIFTON

852 Route 3 Westbound • Clifton, NJ

Page 2: THE PROMENADE SHOPS AT CLIFTON€¦ · Inspired by New York City’s metropolitan flavor, the lifestyle center showcases a collection of stunning architectural structures surrounding

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Combining a special retail mix of national, regional, and local establishments in a beautiful open-air setting, The Promenade Shops at Clifton is a truly exciting environment located in the heart of northern New Jersey’s most densely populated area. Inspired by New York City’s metropolitan flavor, the lifestyle center showcases a collection of stunning architectural structures surrounding a central plaza. This focal point, with a uniquely designed clock tower, distinctive lighting and special amenities, is designed to encourage shoppers to linger and enjoy the atmosphere. The Promenade Shops at Clifton is enjoyed during all seasons, both day and night.

Page 3: THE PROMENADE SHOPS AT CLIFTON€¦ · Inspired by New York City’s metropolitan flavor, the lifestyle center showcases a collection of stunning architectural structures surrounding

Address 852 Route 3 Westbound, Clifton NJ

Space Available 1,060 - 3,181 sf

Asking Rent Upon Request

Co-Tenants

Comments

• Lifestyle center with great national co-tenancy• Very densely populated market – 629,000 people living within 5 mile radius of site• Strong daytime population – 248,000 people working within 5 mile radius of site• Multiple access points along Route 3 & Allwood Road• Easy access to Route 3 eastbound & westbound traffic via multiple turn-arounds• Pylon & building signage both available facing Route 3• 154,000 (AADT) car count on Route 3• 24,000 (AADT) car count on Allwood Road

THE PROMENADE SHOPS AT CLIFTON

852 Route 3 Westbound • Clifton, NJ

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Page 4: THE PROMENADE SHOPS AT CLIFTON€¦ · Inspired by New York City’s metropolitan flavor, the lifestyle center showcases a collection of stunning architectural structures surrounding

3MILE RADIUS

261,789Overal l Populat ion

83,761Employee Populat ion

$99,084Average HHI

35.5%Bachelor’s Degree or Higher

35.7%Annual HHI of $100k+ 4

Page 5: THE PROMENADE SHOPS AT CLIFTON€¦ · Inspired by New York City’s metropolitan flavor, the lifestyle center showcases a collection of stunning architectural structures surrounding

Warren at Bay - 124 Bay StreetJersey City, New Jersey

Highest Overal l Populat ion

Overall Population (3 miles)

Clifton 261,789

Paramus 176,626

Bridgewater 58,837

Highest Educat ion Level

Bachelor’s Degree or Higher (3 miles)

Clifton 63,237

Paramus 50,717

Bridgewater 20,714

Highest Avg. HH Income

Average HH Income $100k+ (3 miles)

Clifton 33,489

Paramus 26,348

Bridgewater 11,506

Page 6: THE PROMENADE SHOPS AT CLIFTON€¦ · Inspired by New York City’s metropolitan flavor, the lifestyle center showcases a collection of stunning architectural structures surrounding

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154,000 AADT

24,000 AADT

Monument Sign Monument SignMonument Sign Monument Sign

Pylon Sign

LED Pylon Sign

Pylon Sign

Exterior Signage facing Rt 3 W

3,16

1 sf

Avai

labl

e

1,743

sf

Avai

labl

e

1,00

0 s

fav

aila

ble

Page 7: THE PROMENADE SHOPS AT CLIFTON€¦ · Inspired by New York City’s metropolitan flavor, the lifestyle center showcases a collection of stunning architectural structures surrounding

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154,000 AADT

24,000 AADT

3,16

1 sf A

vaila

ble

1,743

sf

Avai

labl

e

1,060

sf

avai

labl

e

Page 8: THE PROMENADE SHOPS AT CLIFTON€¦ · Inspired by New York City’s metropolitan flavor, the lifestyle center showcases a collection of stunning architectural structures surrounding

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Page 9: THE PROMENADE SHOPS AT CLIFTON€¦ · Inspired by New York City’s metropolitan flavor, the lifestyle center showcases a collection of stunning architectural structures surrounding

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Page 10: THE PROMENADE SHOPS AT CLIFTON€¦ · Inspired by New York City’s metropolitan flavor, the lifestyle center showcases a collection of stunning architectural structures surrounding

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Page 11: THE PROMENADE SHOPS AT CLIFTON€¦ · Inspired by New York City’s metropolitan flavor, the lifestyle center showcases a collection of stunning architectural structures surrounding

ALLWOOD ROAD

154,000 AADT

Styertowne Shopping Center

Clifton Towne Square

24,000 AADT

Clifton Commons

EXIT153A

Access viaGarden State Parkway

and Route 21!

Less than 15 minutes from the Lincoln Tunnel!

ALLWOOD ROAD

Ingress/Eggress viaRoute 3 & Allwood Rd

BLO

OM

FIEL

D A

VEN

UE

On3 - Mixed-Use Redevelopment

1.1M SFFuture Office/R&D/Medical

635K SFExisting R&D/Education

20 ACGreen Space

5 BUS LINETransit Hub

proposed

180-ROOMMid-rise Hotel

proposed

180K SFRetail Amenities

proposed

1.1M SFResidential

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Page 12: THE PROMENADE SHOPS AT CLIFTON€¦ · Inspired by New York City’s metropolitan flavor, the lifestyle center showcases a collection of stunning architectural structures surrounding

• 64% college educated; 34% with a bachelor’s degree or higher• Many couples have transitioned to empty nesters• Prefer fashion that is classic and timeless as opposed to trendy• Residents spend their spare time participating in a variety of sports or watching movies• Enjoy outdoor gardening, going to the beach, theme parks, museums, and rock concerts

Classic Fashion Entertainment

Outdoor Activities Media

$85,000median household income

Office & Administrative Supporttop occupation

top 3 budget allocations

pensions & social security housing

education

Pleasantville

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Page 13: THE PROMENADE SHOPS AT CLIFTON€¦ · Inspired by New York City’s metropolitan flavor, the lifestyle center showcases a collection of stunning architectural structures surrounding

• Married couples with no children or older children; average household size is 2.83.• Well-connected consumers that appreciate technology and make liberal use of it for everything from

shopping and banking to staying current and communicating• Informed shoppers that do their research prior to purchasing and focus on quality• They enjoy good food and wine, plus the amenities of the city’s cultural events

Technology

Quality Fitness

$104,000median household income

top 3 budget allocations

Managementtop occupation

entertainment & recreation

Enjoyment

pensions & social security

education

Trendsetters

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Page 14: THE PROMENADE SHOPS AT CLIFTON€¦ · Inspired by New York City’s metropolitan flavor, the lifestyle center showcases a collection of stunning architectural structures surrounding

• Price-conscious consumers, they seek out deals on brands they like at warehouse clubs, Walmart, or Target• These consumers are price savvy but will pay for quality brands they trust• Household types range from single person to married-couple families, with and without children• Many residents have completed some college or a degree, and they earn a good income in

professional and service occupations

$60,000median household income

top 3 budget allocations

Office & Administrative Supporttop occupation

entertainment & recreation

housing

education

City Lights

Target Grabbagreen

Ulta Beauty Costco

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Page 15: THE PROMENADE SHOPS AT CLIFTON€¦ · Inspired by New York City’s metropolitan flavor, the lifestyle center showcases a collection of stunning architectural structures surrounding

1 mile radius 3 mile radius 5 mile radiusPopulation

2017 Estimated Population 17,300 261,789 629,8212022 Projected Population 17,476 266,923 644,470

2017 Median Age 39.6 37.1 37.4

Households2017 Estimated Households 6,300 93,867 230,9132022 Projected Households 6,423 96,295 237,273

Projected Annual Growth 2017 to 2022 0.4% 0.5% 0.6%Historical Annual Growth 2000 to 2017 -0.2% 0.2% 0.2%

Households by Race2017 Estimated White 78.4% 64.5% 63.1%

2017 Estimated Black or African American 4.2% 8.0% 11.8%2017 Estimated Asian & Pacific Islander 11.0% 9.9% 8.1%

2017 Estimated American Indian & Native Alaskan 0.1% 0.4% 0.4%2017 Estimated Other Races 6.2% 17.1% 16.5%

2017 Estimated Hispanic 16.7% 34.7% 34.6%

Income2017 Estimated Average Household Income $127,260 $99,084 $91,8572017 Estimated Median Household Income $104,516 $80,995 $75,341

2017 Estimated Per Capita Income $46,354 $35,550 $33,728

Education (Age 25+)2017 High School Graduate 22.4% 29.6% 31.2%

2017 Some College 16.2% 15.3% 16.0%2017 Associates Degree Only 7.3% 5.1% 5.5%2017 Bachelors Degree Only 30.5% 22.2% 21.0%

2017 Graduate Degree 18.0% 13.3% 11.6%

Business2017 Estimated Number of Businesses 801 10,667 26,949

2017 Estimated Total Number of Employees 9,620 83,761 248,071

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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.

Curtis [email protected]

Florian [email protected]

201.777.2300

125 Chubb AvenueSuite 150 S Lyndhurst, NJ 07071

www.ripconj.com

EXCLUSIVE REPRESENTATION

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