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Convenience Store Ground Lease
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671 Memorial Pkwy, Phillipsburg, NJ 08865

Site along Memorial Parkway with access to Phillipsburg’s primary arterial and surrounding retail, medical, and employment centers.

Property SizeContact for details
Days on Market143

Property Features for 671 Memorial Pkwy

General Information

Standard status Active
Property subtype Retail

Building Details

Tenancy Single
Listing Agency: Fisher James Capital
Listed By: Putnam Daily · License #CA 01750064
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 5:54PM

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 Fisher James Capital

Investment Insights

Based on property information with market context.

This grocery and convenience store opportunity is offered as a ground lease at 671 Memorial Pkwy in Phillipsburg, New Jersey. The site is positioned along Memorial Parkway, the city’s principal arterial connecting Phillipsburg with Allentown, and records 51,141 AADT. The property’s setting places it near established shopping, medical, and employment destinations.

Nearby retail includes Greenwich Shopping Center, Pohatcong Plaza, and St. Luke’s Hillcrest Plaza, with national tenants including Target, Lowe’s, Marshalls, Stop & Shop, Hobby Lobby, Walmart Supercenter, ALDI, CVS, and Rite Aid. Major employers identified in the surrounding area include St. Luke’s Hospital, Amazon Distribution, and Bridge Industrial. Within a 5-mile radius, the population is 113,416 and average household income is $109,147.

Key Highlights

  • Ground lease at 671 Memorial Pkwy, Phillipsburg, NJ 08865
  • Located along Memorial Parkway with 51,141 AADT
  • Memorial Parkway links Phillipsburg with Allentown

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Spa & Massage Center Computer & Electronic Repair (Bike/Boat/Book/etc) Store Accounting Firm

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,091
Businesses Nearby
161k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 51% Shops & Services 49% Home Improvements & Furnishings 1%
Wawa Shops & Services
34,537 visits/mo 0.2 miles
McDonald's Dining
27,580 visits/mo 0.1 miles
Dunkin' Donuts Dining
13,826 visits/mo 0.3 miles
Dunkin' Donuts Dining
13,410 visits/mo 0.1 miles
Lukoil Shops & Services
9,809 visits/mo 0.1 miles

Demographics for 08865, NJ

30,537
Population
14,146
Households
2.2
Avg Household Size
42
Median Age
29%
College-Educated
93%
High-School Grad
41.5 sq mi
ZIP Area
736
Density / Sq Mi
$78,519
Median Household Income
$49,811
Median Earnings
$1,248
Median Rent
$244,200
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
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Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Site along Memorial Parkway with access to Phillipsburg’s primary arterial and surrounding retail, medical, and employment centers.
Where is this grocery and convenience store located?
The property is located at 671 Memorial Pkwy Phillipsburg, NJ.
What are key features of this property?
This property features: Ground lease at 671 Memorial Pkwy, Phillipsburg, NJ 08865; Located along Memorial Parkway with 51,141 AADT; Memorial Parkway links Phillipsburg with Allentown
(510) 289-1166 Call to check price and availability
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