Building Details

Tenancy Multi

Listing Agency: JLL - Morristown, New Jersey Show Phone

Listed By: Kevin O'Hearn · License #NJ 9808249

Source: Crexi

Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 3:22PM

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Investment Insights

Based on property information with market context.

This portfolio includes nine net-lease properties positioned across eight pad sites and totaling 167,532 SF. The holdings are part of a retail center anchored by Lowe’s, with Walmart serving as a shadow anchor within the larger power-center setting. The center has undergone a recent renovation and is nearly 100% leased.

National tenants at the broader center include TJ Maxx, HomeGoods, Michaels, PetSmart, Five Below, Boot Barn, Ross, Skechers, and Lowe’s. The property is situated off Route 206, with access to I-80 and Route 46. Its setting within the Highlands Watershed area and Western Morris County trade area further defines the surrounding commercial context.

Key Highlights

• Nine net‑lease properties across eight pad sites totaling 167,532 SF
• Nearly 100% leased following a recent center renovation
• Lowe’s anchor and Walmart shadow anchor within the larger power center

Property Analytics

Property Profile

Current Use

Crown Transportations Freight Service

Suggested Use

Top Pick Law Firm Hair Salon Big Box & Wholesale Store Garden Center (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant

Tenancy

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

265

Businesses Nearby

66k

Monthly Visits Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 50% Dining 48% Hotels & Casinos 2%

Chili's Grill & Bar Dining

16,206 visits/mo 0.5 miles

Dollar Tree Shops & Services

14,360 visits/mo 0.2 miles

Dunkin' Donuts Dining

14,141 visits/mo 0.4 miles

Shell Shops & Services

13,259 visits/mo 0.1 miles

Advance Auto Parts Shops & Services

2,256 visits/mo 0.4 miles

Demographics for 07836, NJ

12,740

Population

4,777

Households

2.7

Avg Household Size

41

Median Age

51%

College-Educated

95%

High-School Grad

14.5 sq mi

ZIP Area

879

Density / Sq Mi

$154,743

Median Household Income

$76,453

Median Earnings

$1,872

Median Rent

$517,800

Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

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Frequently Asked Questions

What type of property is this?

Shopping center - Nine net-lease properties span eight pad sites within a nearly fully leased retail center.

Where is this shopping center located?

The property is located at 30 International Dr S Mount Olive, NJ.

What are key features of this property?

This property features: Nine net‑lease properties across eight pad sites totaling 167,532 SF; Nearly 100% leased following a recent center renovation; Lowe’s anchor and Walmart shadow anchor within the larger power center