Location
135 Route 46 East (directly North of Connelly Avenue, opposite Best Western Hotel), Mt. Olive Township (Budd Lake), Morris County, NJ

Property Description
The property is being developed as a one-story neighborhood shopping center with a gross leasable area of 12,473 sf measuring 193' x 65' on 1.86 acres.  Engineered to provide ample parking and a fire/loading lane around the rear of the building potentially suitable for a drive-thru lane.  Tenants will benefit from the area's strong daytime and weekend demographics as well as Paramount Plaza's immediate proximity to The International Trade Zone office park and Regional Power Center - ITC Crossing.  This new construction affords National, Regional and local merchants first generation retail space and superior positioning in a trade area with very limited new retail construction. 

Available Space
10,848 sf divisible to 1,625 - 6,200 sf

Rental Rate
$18.00 psf nnn, Vanilla Shell Delivery

Possession
30 days after lease execution

Zoning
C-1 (Commercial-1) zone permitting a wide variety of Retail Sales and Services, Health, Fitness, Recreation as well as Medical and Professional Offices

Parking
On-site parking for 50 vehicles

Traffic Count
29,080 vehicles p/day on State Highway Route 46 & Sunset Avenue

Comments
·Located 1 1/2 miles from Exit 26 of Interstate 80 and less than 2 miles from "The ITC Crossing" a Regional Power Center anchored by Wal-Mart, Sam's Club and Lowe's along with many other national retailers;
·Easy ingress/egress from Route 46 allowing traffic flow from both directions and great visibility;
·Two-sided 28' illuminated pylon along with facade signage available to tenants;
·New construction of superior product to be built in a "modular design" allowing flexibility of demising walls and plumbing to accommodate most leasing requirements;
·Financially creditworthy and experienced New Jersey ownership group;
·Property tax abatement through 2011


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