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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.

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

Shopping Strip

Vernon Valley Plaza (ACME Anchored)

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

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