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South Avenue & Center Street
Garwood, NJ 07027
Vermella at Garwood Station - Retail · Property For Lease

HIGHLIGHTS

  • Great retail location with high traffic count

PROPERTY FACTS

Property Type Retail
Gross Leasable Area 19,574 SF
Year Built 2022

ABOUT THE PROPERTY

• New mixed-use project in the heart of Garwood with 296 residential units and 19,500 square feet of retail at the intersection of South Avenue and Center Street. • PILOT program that will significantly reduce each tenant’s taxes, also providing a fixed figure for decades. • Dedicated on-site parking for retail customers. • High trafficked retail corridor that residents of Westfield, Cranford and Garwood. • Captured audience with the residents in the building as well as being adjacent to the Garwood Train Station, within steps of the project. The building is currently 80% leased with an average rent of over $3,000 per month. • Extremely dense market with a population of approximately 129,000 within 3 miles and surrounded by national and regional retailers attracting consumers from a multitude of towns. • Very strong median income levels to coincide with a daytime population of approximately 137,000 people within 3 miles. • Outdoor seating opportunities available

ATTACHMENTS

Garwood Station
  • Listing ID: 15775413

  • Date on Market: 4/18/2019

  • Last Updated:

  • Address: South Avenue & Center Street, Garwood, NJ 07027