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THE PROMENADE SHOPS AT CLIFTON
852 Route 3 Westbound • Clifton, NJ
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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.
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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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
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
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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
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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
8
9
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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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• 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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• 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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• 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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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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