Shopping Strip
The Shoppes at Lafayette
75 NJ-15, Lafayette Township, NJ 07848
Listing Price: $11,850,000
Cap Rate
8.09%
Gross SF
117,317
Rentable SF
117,317
Price/Gross SF
$101.01
Lot Size
23.16 acres
Year Built
1900
Investment Overview
Marcus & Millichap is pleased to exclusively present 75 NJ-15, Lafayette Township, Sussex County, New Jersey.
The Shoppes at Lafayette
Investment Highlights
- Upgraded Shopping Village with Minimal Near-Term Capex Required and Strong Leasing Momentum Post-Renovation
- Over 30 New Tenants Signed Since Renovation, Validating Demand and Providing a Clear Path to Stabilization
- Highly Differentiated Village-Style Layout Driving Experiential Retail Traffic, Repeat Visits, and Tenant Demand Not Replicable in Traditional Strip Centers
Exclusively Listed By
Listing Price: $11,850,000
Cap Rate
8.09%
Gross SF
117,317
Rentable SF
117,317
Price/Gross SF
$101.01
Lot Size
23.16 acres
Year Built
1900
Investment Highlights
- Upgraded Shopping Village with Minimal Near-Term Capex Required and Strong Leasing Momentum Post-Renovation
- Over 30 New Tenants Signed Since Renovation, Validating Demand and Providing a Clear Path to Stabilization
- Highly Differentiated Village-Style Layout Driving Experiential Retail Traffic, Repeat Visits, and Tenant Demand Not Replicable in Traditional Strip Centers
Investment Overview
Marcus & Millichap is pleased to exclusively present 75 NJ-15, Lafayette Township, Sussex County, New Jersey.
Exclusively Listed By
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