Market Place at Franklin · Unit 104: 1,525 SF Unit 106: 1,217 SF Unit 107: 2,045 SF RENTAL RATE...

Market Place at FranklinFranklin Township, Somerset County, NJ

PROPERTY DESCRIPTION

74,130 SF Stop & Shop supermarket anchored

community shopping center with 5,912 SF

satellite retail available for lease, contiguous

Wine & Liquor store and Laundromat. Proposed

Phase II which will aggregate 300,000 SF full

build-out and include pad development along

Route 27 plus multi-family.

PARKING

5 space per 1,000 SF

TRAFFIC COUNTS

ADT 18,012 Route 27

COMMENTS

Approximately thirty minutes from NYC and

five minutes from New Brunswick, this

densely populated submarket is located in a

suburban setting in close proximity to

Johnson & Johnson's headquarters, Rutgers

University, Robert Wood Johnson University

Hospital and the Middlesex County

Courthouse;

Multiple points of ingress/egress;

Pylon signage;

WINNER 2008 Money Magazine‘s BEST

PLACES TO LIVE Top 100. Franklin Twp.

Somerset County NJ ranked: #5;

LOCATION

1221 Route 27, Franklin Twp., NJ 08873

AVAILABLE SPACE

Phase I:

Unit 104: 1,525 SF

Unit 106: 1,217 SF

Unit 107: 2,045 SF

RENTAL RATE

$22.00 psf NNN

PROJECTED R.E. TAXES & CAM

2018 projected $8.02 psf

OCCUPANCY

Immediate

DEMOGRAPHICS 2018 PROJECTION

2 Mile Radius

Population 46,163

Median HH Income $79,439

Average HH Income $101,657

Median Age 35.4

Total Households 15,397

Daytime Population 35,283

3 Mile Radius

Population 124,547

Median HH Income $77,035

Average HH Income $100,107

Median Age 33.2

Total Households 39,911

Daytime Population 103,311

5 Mile Radius

Population 232,651

Median HH Income $91,330

Average HH Income $115,259

Median Age 35.2

Total Households 77.157

Daytime Population 191,322

Although all information furnished regarding property for sale, rental or financing is from sources deemed reliable such information has not been verified, and no express

representation is made nor is any to be implied as to the accuracy thereof, and it is submitted subject to errors, omissions, changes of price, rental or other conditions, prior

sale, lease or financing, or withdrawal without notice.

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For Additional Information Contact:

Joel Tomlinson

Ass’t VP Retail Brokerage

908.604.6900 x 108

jtomlinson@silbertrealestate.com

or

David Greenman,

Sr. VP Retail Services Group

908.604.6900 x 106

dgreenman@silbertrealestate.com

}Can be combined to 3,262 sf

152 Liberty Corner Road, Suite 203, Warren, NJ 07059

908-604-6900 • 908-604-2030 fax

Website: www.silbertrealestate.com • Email: info@silbertrealestate.com

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MARKET PLACE AT FRANKLIN – Unit 106: 1,217 SF

Former insurance office - in excellent condition

2 restrooms, Electric 200 amp 120 volt 3 phase

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MARKET PLACE AT FRANKLIN – AERIAL & PHOTO

Phase II

Expansion

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