554 bloomfield avenue...oriental rugs & antiques bowtie clairidge cinemas street street street...
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554 BLOOMFIELD AVENUEMontclair, New Jersey3,100 sf available for lease
Space Available 3,100 sf
Asking Rent Upon request
Neighboring Tenants South Moon Under, Urban Outfitters, Lululemon, Bluemercury, Bareburger, Starbucks, Anthro-pologie,
Parking• Street parking• Fullerton Parking Deck located on Park Street, a two minute walk.
Comments
• Prime retail location in heart of the market• Vibrant, bustling downtown with a mix of national & local retail• Available immediately • Restaurant use permitted• Column free interior
554 BLOOMFIELD AVENUEMontclair, New Jersey
3,100 sf available for lease
2
3MILE RADIUS
203,046Overal l Populat ion
75,950Employee Populat ion
$112,690Average HHI
43%Bachelor ’s Degree or Higher
38%Annual HHI of $100k+ 3
1,288 Avg Weekday Passenger Boardings
Bay Street Station
982 Average WeekdayPassenger Boardings
Walnut Street Station
Gastro-Lounge
Valley & Bloom DevelopmentPhase I of Montclair Center Gateway Redevelopment Plan
• 258 Rental Apartments• 20,000 SF Office Space• 22,000 SF Retail Space• 571 Parking Spaces
The MC Hotel Marriott Autograph Collection
Phase II of Montclair Center Gateway Redevelopment Plan
• 120,000 SF, 8-story boutique hotel• 148 rooms• Includes outdoor plaza, farm-to-table
restaurant, rooftop bar• Expected to open 2018
Co-Tenants:
The SienaMixed Use
3.2 miles north
Montclair Residences atBay Street Station
THE WELLMONTTHEATER
1.9 miles east
1.6 miles north 3.5 miles north
20,000 students
24,233 AADT
GreekTaverna
Lackawanna StationRedevelopment
• New Grocer• New York City-style Restaurant Row• New Offices• New Residential• New Retail
Studio
Welmont Redevelopment on Seymour Street
SEYMOUR REDEVELOPMENT
CONFIDENTIALBRIAN KATZCEOEmail: briankatz@dkatz.comPhone: (845) 735-2382
JONATHAN GREENBERGDirectorEmail: jonathangreenberg@dkatz.comPhone: (845) 735-2283
MONTCLAIR | NEW JERSEY
AMY STAATSVice President of Real EstateEmail: amystaats@dkatz.comPhone: (845) 735-2297
MONTCLAIR | NEW JERSEY
A DEVELOPMENT PARTNERED BY
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BLOOMFIELD AVECHURCH STREET
N
SITE
4
Montclair Retail Map
Albazar Nori
Tuptim Thai Cuisine
Sweet Kitchen
The Bar MethodMontclair
PetiteParis
Cuban Pete’s
Walkway from Parking Garage
to Church Street
Oriental Rugs & AntiquesBowTie Clairidge Cinemas
PARK STREET
CHURCH STREET
SOUTH PARK STREET
BLOOMFIELD AVENUE
NORTH FULLERTON AVENUE
N
Mediterranea Fine Cuisine of Montclair
Fiamma Wood Fired Pizza
Crescent Garage430 Spaces
North Fullerton Garage188 Spaces
The WoodhouseDay Spa
Low Level Aerial
SITE
6
Municipal Parking Map
Consumer Profiles
Trendsetters• Not only do Trendsetters residents spend freely on fashionable and branded clothing, they also
own the latest in cell phones and tablets• These consumers shop at Whole Foods or Trader Joe’s and buy organic when they can;
however, their cart is more often filled with prepared or ready-to-heat meals• Trendsetters residents jog, run, or walk for exercise and occasionally attend a yoga class• Trendsetters residents seek out new adventures—explore local arts and culture, take on new
hobbies such as drawing or painting; often make last-minute travel plans
Whole Foods Lululemon
Anthropologie Starbucks
$51,000median household income
top 3 budget allocations
food
housingeducation
Office & Administrative Supporttop occupation
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.5 mile radius 1 mile radius 3 mile radius 5 mile radiusPopulation
2017 Estimated Population 9,699 23,541 203,046 604,6412022 Projected Population 9,816 23,885 205,171 618,699
2010 Census Population 9,241 22,699 200,732 592,1462000 Census Population 10,028 23,750 203,526 597,015
2017 Median Age 36.4 38.5 39.5 37.7
Households2017 Estimated Households 4,697 10,349 81,607 228,8202022 Projected Households 4,783 10,559 82,969 235,390
2010 Census Households 4,403 9,637 78,237 218,8582000 Census Households 4,266 9,513 79,304 219,614
Historical Annual Growth 2000 to 2017 0.6% 0.5% 0.2% 0.2%Projected Annual Growth 2017 to 2022 0.4% 0.4% 0.3% 0.6%
Households by Race2017 Estimated White 42% 54.1% 54.5% 50.7%
2017 Estimated Black or African American 44.8% 34.3% 29.2% 30.3%2017 Estimated American Indian & Native Alaskan 0.2% 0.1% 0.3% 0.4%
2017 Estimated Asian & Pacific Islander 5% 5.3% 7.6% 6.6%2017 Estimated Other Races 7.9% 6.2% 8.5% 12.1%
2017 Estimated Hispanic 12.9% 9.9% 17.4% 24.9%
Income2017 Estimated Average Household Income $96,087 $137,976 $112,690 $96,1462017 Estimated Median Household Income $71,181 $95,013 $87,657 $76,579
2017 Estimated Per Capita Income $46,636 $60,733 $45,347 $36,492
Education (Age 25+)2017 High School Graduate 17.3% 15.1% 25.2% 28.9%
2017 Some College 15.2% 13.2% 16% 16.9%2017 Associates Degree Only 6.3% 5.1% 6.1% 5.8%2017 Bachelors Degree Only 32.7% 33.3% 25.4% 21.7%
2017 Graduate Degree 20.5% 27.7% 17.6% 13.4%
BusinessNumber of Businesses 1,181 1,894 8,935 23,118
Total Number of Employees 8,634 13,741 75,950 225,459
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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.
Holly Hunterhhunter@ripconj.com
Curtis Nassaucnassau@ripconj.com
201.777.2300
125 Chubb AvenueSuite 150 S Lyndhurst, NJ 07071
www.ripconj.com
EXCLUSIVE REPRESENTATION
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