PDF Brochure

BERKELEY SQUARE
www.SilbertRealEstate.com
RESTAURANT & RETAIL FOR LEASE
NEW CONSTRUCTION ANCHORED BY PRIMROSE SCHOOLS
Township of Berkeley Heights, Union County, NJ
LOCATION
248-260 Springfield Avenue (CR 512),
Berkeley Heights, NJ 07922
AVAILABLE SPACE BLDG II
Unit 1: 2,549 SF – endcap
 move-in condition, built out restaurant with
patio seating
RENTAL RATE
Unit 1: $28.00 psf NNN
OCCUPANCY
Immediate
DEMOGRAPHICS 2015 PROJECTION
2 Mile Radius
Population
22,549
Average HH Income
$179,375
Median HH Income
$131,043
Total Households
7,916
Median Age
43.3
Daytime Population
20,287
REALTY & MANAGEMENT COMPANY, INC.
TRAFFIC COUNTS
ADT 14,709 Springfield Avenue (CR512)
COMMENTS
 Potentially suitable uses include restaurants,
bakery/deli, tutoring center, cellular, organic
cleaners, service retail, insurance, brokerage
financial planning;
CAM & RE TAXES
±$8.28 psf projected 2016
SILBERT
PROPERTY DESCRIPTION
The gateway shopping center into Berkeley Heights,
comprising 18,659 SF steel and brick construction,
with 72 onsite parking spaces. Successful Primrose
Schools anchor adjacent elementary school region
affords strong daytime population.
3 Mile Radius
Population
Average HH Income
Median HH Income
Total Households
Median Age
Daytime Population
41,884
$182,919
$130,515
14,984
43.3
29,128
5 Mile Radius
Population
Average HH Income
Median HH Income
Total Households
Median Age
Daytime Population
163,120
$161,791
$102,400
57,455
40.9
90,641
 In its 2010 rankings of the "Best Places to Live",
New Jersey Monthly magazine ranked Berkeley
Heights as the 19th best place to live in New
Jersey;
 Less than 3 miles from Exit 40 of I-78 and 2M SF
of leased Class A corporate office and Lifetime
Fitness;
 National anchor Primrose Schools (Bldg. I)
opened August 2014. Berkeley Square is the
newest retail development within Berkeley heights;
 Adjacent development includes Trap Rock
Brewery, Chase Bank, TD Bank, Stop & Shop
Supermarket, Walgreens &
William Woodruff Elementary School.
FOR ADDITIONAL INFORMATION OR
INSPECTION CONTACT:
Brian S. Silbert, President & CEO
908.604.6900 x 15
[email protected]
85A Division Avenue • P O Box 406 • Millington, NJ 07946
908-604-6900 • 908-604-2030 fax
Website: www.silbertrealestate.com • Email: [email protected]
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.
BERKELEY SQUARE - SITE PLAN
BERKELEY SQUARE – BUILDING II LEASING PLAN
UNIT 1
±2,549 SF
BERKELEY SQUARE - UNIT 1 RESTURANT FLOOR PLAN
BERKELEY SQUARE - PHOTOS
PRIMROSE
SCHOOLS
UNIT #1
AVAILABLE
UNIT #2
NAILSALON
Patio Seating
UNIT #3
DANCEWEAR
BERKELEY SQUARE - TRADE AREA
BERKELEY SQUARE - LOCAL AERIAL