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29644866
29644867

50 International Dr S, Mount Olive, NJ 07836

DB
NJ NJ 0016403
R.J. Brunelli & Co
MB
NJ 1430840, FL
R.J. Brunelli & Co
Listed by R.J. Brunelli & Co
Unpriced
115 days on market
Updated 42 days ago

The Gardens

Details
Property Type Retail
Sub Type Shopping Center
Square Footage 210,845
Net Rentable (SqFt) 210,845
Occupancy 98%
Tenancy Multi
Brand/Tenant AT&T, PetSmart (+6)
Investment Type Net Lease
Tenant Credit Credit Rated, Corporate Guarantee
Ground Lease No
Ownership Fee Simple

Retail | 210,845 SqFt

Marketing description

RJBrunelli & Co. has been retained by the owner to sell the 100% fee simple interest in The Gardens is a 210,845 SF, high-performing shopping center in Flanders, Mount Olive Township, NJ. The Property is 98% leased and anchored by Walmart and Lowe’s, driving strong, consistent traffic. The tenant mix features leading national retailers including TJ Maxx, HomeGoods, Michaels, Ross, and PetSmart, with 86% of income from national and credit tenants and 6.3+ years of weighted average lease term remaining.

The center ranks in the 94th percentile nationally for visits, generating over 4.5 million visits annually, and is strategically located within the NY–NJ MSA, just 0.1 miles from I-80 and Route 206, serving a high-income trade area with average household incomes exceeding $157,500.

Investment highlights

Location: 10-50 International Dr. S, Flanders, NJ 07836

GLA: 210,845 SF

Land Acreage: 18.1 AC

Asking Price: Unpriced

NOI: $3,300,084

Notable Tenants: Ross, Home Goods, Petsmart, Michaels, TJ Maxx, Fitness Factory

Shadow Anchors: Walmart (NAP), Lowes

Occupancy: 98%

Year Built: 2001 (Renovated 2023)

Listing Contacts

DB
NJ NJ 0016403
R.J. Brunelli & Co
MB
NJ 1430840, FL
R.J. Brunelli & Co
Listed by R.J. Brunelli & Co

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Additional Information

Name
Danielle Brunelli
License
NJ 0016403
Brokerage
Danielle Brunelli
Title
Real Estate Broker
Brokerage Address
400 Perrine Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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