Leased Grocery-Anchored NNN
For Sale
Contact for pricing
245 Littleton Road, Morris Plains, NJ 07950
NNN leased Stop & Shop center with a lease through 2031 and Ahold guarantee, positioned at a major Route 202/Route 10 intersection.
Property Size67,449 SF
Days on Market120
Property Features for 245 Littleton Road
General Information
Standard status
Active
Size
67,449 SF
Property subtype
Retail
Site & Location
Traffic Count
96,656 vehicles/day
Road Access
Yes
Building Details
Tenancy
Single
Listing Agency:
CBRE - Dallas McKinney
(201) 712-5841
Listed By:
Jeffrey Dunne · License #CT REB.0750441
Source:
Crexi
Added: Apr 13
Changed: Aug 8
Last Checked: Jul 23 at 5:23PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Dallas McKinney
Investment Insights
Based on property information with market context.
CBRE is the exclusive advisor for the sale of a 67,449 SF NNN leased Stop & Shop center at 245 Littleton Road (Route 202) in Morris Plains, New Jersey. The property is leased through 2031 and the lease obligations are guaranteed by Ahold, with an S&P BBB credit rating. The structure is designed to provide investors with long-term rent coverage, with no landlord maintenance or management responsibilities.
The center is situated on the heavily traveled intersection of Littleton Road/Route 202 and Route 10, with stated traffic of 96,656 cars per day, supporting strong day-to-day visibility and consistent retail access.
As an NNN investment, the offering centers on the existing lease in place and the Ahold guarantee through the end of the term.
The center is situated on the heavily traveled intersection of Littleton Road/Route 202 and Route 10, with stated traffic of 96,656 cars per day, supporting strong day-to-day visibility and consistent retail access.
As an NNN investment, the offering centers on the existing lease in place and the Ahold guarantee through the end of the term.
Key Highlights
- 67,449 SF NNN leased Stop & Shop center with a lease term through 2031
- Ahold guarantee (S&P BBB) on the lease
- NNN structure with no landlord maintenance/management responsibilities
Property Analytics
Current Use
Lease Details
96,656 VPD
Traffic count
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
780
Businesses Nearby
382k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 43%
Groceries 30%
Apparel 19%
Shops & Services 5%
Kohl's
Apparel
68,811 visits/mo
0.2 miles
Uncle Giuseppe's
Groceries
56,571 visits/mo
0.3 miles
Chick-fil-A
Dining
50,789 visits/mo
0.3 miles
Stop & Shop
Groceries
36,078 visits/mo
0.0 miles
Wendy's
Dining
33,847 visits/mo
0.1 miles
Demographics for 07950, NJ
21,459
Population
8,460
Households
2.5
Avg Household Size
42
Median Age
65%
College-Educated
96%
High-School Grad
9.1 sq mi
ZIP Area
2,358
Density / Sq Mi
$148,469
Median Household Income
$80,217
Median Earnings
$2,549
Median Rent
$571,300
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Similar Off Market Nearby
- Coinstar Kiosk | Bitcoin ATM — Stop & Shop - NY Metro, 245 Littleton Rd, Morris Plains, NJ 07950
- Briarcliff Commons — 1711 Route 10 & Route 202, Morris Plains, NJ 07950
Frequently Asked Questions
What type of property is this?
Shopping center - NNN leased Stop & Shop center with a lease through 2031 and Ahold guarantee, positioned at a major Route 202/Route 10 intersection.
Where is this shopping center located?
The property is located at 245 Littleton Road Morris Plains, NJ.
What are key features of this property?
This property features: 67,449 SF NNN leased Stop & Shop center with a lease term through 2031; Ahold guarantee (S&P BBB) on the lease; NNN structure with no landlord maintenance/management responsibilities
