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The Gardens 10-50 International Dr S 210,845 SF 98% Leased Retail Building Flanders, NJ 07836 For Sale
Investment Highlights
- STRONG PERFORMING CREDIT TENANCY – The Gardens is a dominant, high-performing shopping center anchored by a deep roster of national credit retailers.
- SIGNIFICANT BARRIERS TO ENTRY - A mountainous area with significant bedrock creates physical and financial obstacles to additional retail development.
- EXCELLENT REGIONAL ACCESS - Immediate access to Routes 80, 46, and 206, benefiting from combined traffic counts exceeding 140,000 vehicles per day.
Executive Summary
RJBrunelli & Co. has been retained by the owner to sell the 100% fee simple interest in The Gardens is a 210,845 SF, high-performing shopping center in Flanders, Mount Olive Township, NJ.
The Property is 98% leased and anchored by Walmart and Lowe’s, driving strong, consistent traffic.
The tenant mix features leading national retailers including TJ Maxx, HomeGoods, Michaels, Ross, and PetSmart, with 86% of income from national and credit tenants and 6.3+ years of weighted average lease term remaining.
The center ranks in the 94th percentile nationally for visits, generating over 4.5 million visits annually, and is strategically located within the NY–NJ MSA, just 0.1 miles from I-80 and Route 206, serving a high-income trade area with average household incomes exceeding $157,500.
The Property is 98% leased and anchored by Walmart and Lowe’s, driving strong, consistent traffic.
The tenant mix features leading national retailers including TJ Maxx, HomeGoods, Michaels, Ross, and PetSmart, with 86% of income from national and credit tenants and 6.3+ years of weighted average lease term remaining.
The center ranks in the 94th percentile nationally for visits, generating over 4.5 million visits annually, and is strategically located within the NY–NJ MSA, just 0.1 miles from I-80 and Route 206, serving a high-income trade area with average household incomes exceeding $157,500.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
210,845 SF
Building Class
B
Year Built/Renovated
2000/2023
NOI
$3,300,084
Percent Leased
98%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.27
Lot Size
18.10 AC
Zoning
C-LI
Nearby Major Retailers
1 of 9
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The Gardens | 10-50 International Dr S
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