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Anchored Shopping Center
For Sale
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Pending

279 US-46, Rockaway, NJ 07866

Fully occupied retail property with a remodeled anchor suite and two additional tenant spaces.

Property Size34,177 SF
Lot Size5.02 Acres
Days on Market143

Property Features for 279 US-46

General Information

Standard status Pending
Size 34,177 SF
Lot size 5.02 Acres
Property subtype Retail
Occupancy 100%

Site & Location

Anchor Co-Tenants Tractor Supply Company
Traffic Count 19,945 vehicles/day
Road Access Yes

Building Details

Tenancy Multi
Listing Agency: CrownPoint Partners
Listed By: Shannon Bona · License #BK3629909
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 10:03PM

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 CrownPoint Partners

Investment Insights

Based on property information with market context.

This 34,177-square-foot shopping center occupies 5.02 acres at 279 U.S. Highway 46 in Rockaway, New Jersey. The property is fully occupied, with Tractor Supply Company using 29,737 square feet and two additional tenants comprising 4,440 square feet. Recent improvements for the anchor include tractor and equipment display areas, indoor and outdoor merchandising areas, and a stock room.

The center benefits from exposure along U.S. Highway 46, which records 19,945 AADT, with access from West Main Street via Mannino Drive. The property is positioned near Interstate 80 and Routes 46 and 15, serving the northern New Jersey and New York City metropolitan area.

Tractor Supply Company entered a 15-year lease in 2022 with 5% increases every 5 years. Additional tenancy includes ‘N Style, which has operated at the site since 2001, and Kind Kush, opened in 2022, with lease increases of 10% every 5 years.

Key Highlights

  • 34,177 SF shopping center situated on 5.02 Acres
  • 100% occupied: Tractor Supply Company occupies 29,737 SF; two additional tenants total 4,440 SF
  • Tractor Supply Company signed a 15 year lease in 2022 with 5% increases every 5 years

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Law Firm Parking Lot & Garage Skin Care Clinic Storage Facility Hotel & Motel Grocery & Convenience Store

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

19,945 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

509
Businesses Nearby
103k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 40% Groceries 24% Home Improvements & Furnishings 17% Shops & Services 11%
McDonald's Dining
25,419 visits/mo 0.5 miles
Aldi Groceries
24,857 visits/mo 0.4 miles
Tractor Supply Co. Home Improvements & Furnishings
15,996 visits/mo 0.2 miles
Dunkin' Donuts Dining
13,790 visits/mo 0.3 miles
Goodwill Apparel
8,436 visits/mo 0.4 miles

Demographics for 07866, NJ

22,965
Population
8,863
Households
2.6
Avg Household Size
44
Median Age
50%
College-Educated
97%
High-School Grad
23.0 sq mi
ZIP Area
998
Density / Sq Mi
$123,828
Median Household Income
$70,340
Median Earnings
$1,604
Median Rent
$434,200
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
Rey
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Similar Off Market Nearby

  • Rockaway River Commons 437 US-46, Rockaway, NJ 07866
  • Boro Plaza 350 US-46 STE 1, Rockaway, NJ 07866
  • Mountain Plaza 170 US-46, Rockaway, NJ 07866
  • Amazing Chocolate Workshop Townsquare, Rockaway, NJ 07866

Frequently Asked Questions

What type of property is this?
Shopping center - Fully occupied retail property with a remodeled anchor suite and two additional tenant spaces.
Where is this shopping center located?
The property is located at 279 US-46 Rockaway, NJ.
What are key features of this property?
This property features: 34,177 SF shopping center situated on 5.02 Acres; 100% occupied: Tractor Supply Company occupies 29,737 SF; two additional tenants total 4,440 SF; Tractor Supply Company signed a 15 year lease in 2022 with 5% increases every 5 years
More about this property
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