RETAIL AVAILABILITY elizabeth center elizabeth, nj off exit 13a of the new jersey turnpike Steven Winters O: +1 732 509 2867 C: +1 732 768 9898 [email protected] FAMECO CBRE, Inc. - 2 Tower Center Blvd, 20th Flr - East Brunswick, NJ 08816 ELIZABETH CENTER Strategically positioned in the heart of Northern New Jersey with proximity to New York City, Staten Island, Newark Airport, major highways, and The Mills at Jersey Gardens, one of the highest preforming outlet centers in the region. OVERVIEW • Elizabeth Center is a partially developed 73-acre retail, restaurant and hospitality center anchored by a highly successful ± 350,000 square foot IKEA and two planned hotels. • Elizabeth Center is located in Elizabeth, New Jersey, along the New Jersey Turnpike with ± 2,500’ of frontage and directly off Exit 13A of the NJ Turnpike, across from Newark Liberty International Airport • The Mills at Jersey Gardens is 1/2 mile away along Kapkowski Road with reported sales of more than $985/sf second only to Sawgrass Mills (Sunrise, FL) within the Simon Mills portfolio. RETAIL OPPORTUNITIES • FOR LEASE: Iconic former ± 98,000 SF Toys R Us/Babies R Us Building (divisible to ±25,000 SF) • FOR LEASE: Restaurant and retail pad sites along the NJ Turnpike on Parcel 2 contiguous to a proposed Hampton Inn & Hilton Garden Inn • FOR LEASE: Restaurant and retail pad sites along North Avenue on Parcel 1 • FOR SALE: ± 4 acre land parcel Located at Interchange 13A off the New Jersey Turnpike with over More than 2.7 million people living 220,000 cars passing daily within a 45 minute drive The Mills at Jersey Gardens: Newark Liberty International Airport: Largest outlet mall in New Jersey and closer to New York City than its largest Busiest airport in the metropolitan area outlet mall competitor, Woodbury Commons In 2014, Newark Airport handled over 35.6 million passengers Elizabeth is an Urban Enterprise Zone with a 3.5% tax rate which FAMECO provides a potent lure for New York City residents paying over 8% in taxes and other New Jersey commuters paying 6.8%. © 2018 CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. You should conduct a careful, independent investigation of the property and verify all information. Any reliance on this information is solely at your own risk. CBRE and the CBRE logo are service marks of CBRE, Inc. All other marks displayed on this document are the property of their respective owners.FA All MECOmarks displayed on this document are the property of their respective owners. 280 NEWARK NEW YORK 9 124 CITY 24 21 440 JERSEY CITY 95 78 82 22 9 27 Newark Liberty 22 UNION International Airport 78 78 K 82 SEY R 440 O Walmart Y Elizabeth W JER W ELIZABETH enter NE NE 28 27 9 Walmart The Mills at 95 Jersey Gardens 28 278 278 440 278 Walmart 440 9 STATEN ISLAND WOODBRIDGE 27 MARKET OVERVIEW FAMECO 21 Miles 440 Newark ierty 9 International Airport INTERSTATE 78 35 Million Annual Passengers 22 INTERSTATE Port liaeth 78 As part of the Port of New York and New Jersey, its one of the busiest INTERSTATE 27 INTERSTATE shipping ports in the US. In 2016, 22 95 78 ±2 Million Annual isitors the Port of NY & NJ handled more ±72% NJ, ±23% NY than 3,600,000 containers valued ±53% on weekends at nearly $200 billion. ±53% from 0-40 minute drive time 1 , AT 82 440 81 usinesses , mployees oth ort liaeth and Newark Airport hae , esidents , AT perations , usinesses , mployees Elizabeth enter Landlord: Simon Properties Type: Outlet (NJ’s largest outlet center) 27 One of the highest grossing INTERSTATE GLA: 1,304,000 SF 95 Ruby Tuesday Restaurants Happenings: $30 Million renovation 440 and rebranding in 2014 and proposed in the NJ trade areas 1 418,000 SF expansion in 2018-2019 SALES: $852 per Sq Ft REPORTE SALES: $985 per Sq Ft WHY ELIZABETH CENTER? FAMECO 0.5 MI Customer Loyalty through Client Satisfaction REFERENCE NOTE LINE 01 S w w w . m a s e r c o n s u l t i n g . c o m REFERENCE NOTE LINE 02 Engineers Planners Surveyors Landscape Architects Environmental Scientists Office Locations: , AT Red Bank, NJ Albany, NY North Ae Clinton, NJ Chestnut Ridge, NY Hamilton, NJ Newburgh, NY W Marmora, NJ Westchester, NY Mt. Arlington, NJ Bethlehem, PA Mt. Laurel, NJ Exton, PA Sterling, VA Tampa, FL Albuquerque, NM State of N.J. Certificate of Authorization: 24GA27986500 E State of N.Y. Certificate of Authorization: 0008671/0008821 Copyright © 2018. Maser Consulting P.A. All Rights Reserved. This drawing and all the information contained herein is authorized for use only by the party for whom the services were contracted or to whom it is certified. This drawing may not be copied, reused, disclosed, distributed or relied upon for any other purpose without the express written consent of Maser Consulting, P.A. N R PROTECT YOURSELF ALL STATES REQUIRE NOTIFICATION OF EXCAVATORS, DESIGNERS, OR ANY PERSON PREPARING TO DISTURB THE EARTH'S SURFACE ANYWHERE IN ANY STATE ____________________________ FOR STATE SPECIFIC DIRECT PHONE NUMBERS VISIT: WWW.CALL811.COM PROPOSE RETAIL AVAILABLE RETAIL AVAILABLE OPEN &OPERATING .................... CONCEPT PLAN .................... REV DATE DRAWN BY DESCRIPTION N ADDED RESTAURANT PER CLIENT . REVISED ROYAL FARMS LAYOUT . AVAILABLE , AAG AIY TAIC TAIC AIY AIY AAG AAG , , ................ 12 7/10/17 3/13/18 SGM MFG REV DATE DRAWN BY DESCRIPTION RETAIL 6-STORY HOTEL 6-STORY PROPOSE AVAILABLE RETAIL GAS &CONENIENCE PROPOSE CONCEPT PLAN FOR DELCO DEVELOPMENT LOTs #1-1193A, #1-1204A, #1-1289A PROPOSE CITY OF ELIZABETH UNION COUNTY NEW JERSEY RETAIL OUT NEWARK LIBERTY INTERNATIONAL AIRPORT LIBERTY INTERNATIONAL NEWARK LOT RED BANK OFFICE Corporate Headquarters 331 Newman Springs Road 5-STORY HOTEL 5-STORY Suite 203 Red Bank, NJ 07701 ELIZABETH CENTERSITEPLAN Phone: 732.383.1950 Fax: 732.383.1984 email: [email protected] SCALE: DATE: DRAWN BY: CHECKED BY: PROPOSE AS SHOWN 6/13/17 PCS MFG PROJECT NUMBER: DRAWING NAME: 14001184A C-CNPT-C5-REV2 SHEET TITLE: CONCEPT PLAN 50 40 30 20 10 0 25 50 100 C-5 SHEET NUMBER: SCALE : 1" = 50' 1 of 1 2014\14001184A\Engineering Drawings\Engineering\Concept\C-CNPT-C5-Rev2.dwg\C-XX-CONCEPT By: MGALLAGHER ±444’ FOR LEASE AVAILABLE ±98K SF IA rie ±214’ ±4 ACRES FOR SALE LAN ±155K SF COMING RETAILER SOON NEW JERSEYTURNPIKE NEW JERSEYTURNPIKE FAMECO Demographics Radius Drive Time 3 Miles 5 Miles 7 Miles 10 Miles 15 Minutes 30 Minutes 45 Minutes 60 Minutes POPULATION 171,933 637,699 1,267,139 2,957,107 Population 242,207 2,485,261 8,287,948 14,098,211 57,890 220,170 443,268 1,102,164 2017 Households 81,285 895,673 3,140,367 5,260,969 180,364 675,683 1,223,281 3,247,179 Daytime Population 258,972 2,459,509 9,679,645 14,857,306 90,686 335,192 540,180 1,600,913 Employees 140,150 1,194,772 5,263,505 7,235,923 INCOME $44,659 $49,011 $50,898 $62,835 Median Household Income (2017) $39,777 $62,124 $66,947 $63,888 $62,079 $68,566 $71,914 $96,907 Average Household Income (2017) $54,566 $92,373 $105,003 $100,024 RACE 50.3% 42.4% 40.6% 52.2% White 39.6% 50.3% 55.4% 52.8% 24.4% 34.4% 35.1% 19.9% African American 38.5% 22.3% 15.5% 18.8% 3.5% 5.8% 7.8% 14.0% Asian 1.9% 12.0% 13.5% 12.7% 16.2% 12.6% 12.0% 9.7% Other 14.8% 11.1% 11.2% 11.3% 50.4% 35.1% 31.4% 25.9% Hispanic 45.4% 30.7% 28.1% 27.7% EDUCATION 16.7% 21.6% 24.4% 36.9% % of Population with Bachelors Degree or Higher 13.3% 34.3% 42.0% 39.9% Steven Winters O: +1 732 509 2867 C: +1 732 768 9898 [email protected] CBRE Inc. - 2 Tower Center Blvd, 20th Floor - East Brunswick, NJ 08816 FAMECO.