Shopping Strip
Vernon Valley Plaza (ACME Anchored)
530 Co Rd 515, Vernon Township, NJ 07462
Listing Price: $19,850,000
Cap Rate
6.81%
Gross SF
93,029
Rentable SF
93,029
Price/Gross SF
$213.37
Lot Size
24.68 acres
Year Built
2001
Investment Overview
Marcus & Millichap is pleased to present the Vernon Valley Plaza (an ACME anchored shopping center) located in Vernon, New jersey.
Vernon Valley Plaza (ACME Anchored)
Investment Highlights
- 93,029 Square Feet Currently 91% Occupied – 63% Occupied by Credit Tenants ACME (NYSE: ACI) Occupying 52,687 Square Feet and the United States Post Office Occupying 5,239 Square Feet
- Captive Market – Nearest Supermarket is Over Eight Miles from the Subject Property (Nearly 20-Minute Drive)
- Excellent Store Sales for ACME - $26.8M for the Period 6/20 - 5/21 (4.8% Occupancy Cost Ratio)
Exclusively Listed By
Financing By
Listing Price: $19,850,000
Cap Rate
6.81%
Gross SF
93,029
Rentable SF
93,029
Price/Gross SF
$213.37
Lot Size
24.68 acres
Year Built
2001
Investment Highlights
- 93,029 Square Feet Currently 91% Occupied – 63% Occupied by Credit Tenants ACME (NYSE: ACI) Occupying 52,687 Square Feet and the United States Post Office Occupying 5,239 Square Feet
- Captive Market – Nearest Supermarket is Over Eight Miles from the Subject Property (Nearly 20-Minute Drive)
- Excellent Store Sales for ACME - $26.8M for the Period 6/20 - 5/21 (4.8% Occupancy Cost Ratio)
Investment Overview
Marcus & Millichap is pleased to present the Vernon Valley Plaza (an ACME anchored shopping center) located in Vernon, New jersey.
Exclusively Listed By
Financing By
