Bearfort Shopping Village - Seller Financing 1632 Union Valley Road 34,154 SF 91% Leased Retail Building West Milford, NJ 07480 $4,100,000 ($120.04/SF) 7.33% Cap Rate

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the Bearfort Shopping Village, located at 1632 Union Valley Road in West Milford, New Jersey (the “Property”). The Property is situated at the intersection of Bearfort Road and Union Valley Road, the area’s primary commercial and commuter corridors in the central portion of West Milford. The Bearfort Shopping Village consists of 34,154 square feet spread across two (2) meticulously maintained buildings on a large 11.8-acre parcel of land. The Property offers a charming village-like setting with ample parking, green space and beautiful architectural design throughout. The Bearfort Shopping Village has enjoyed outstanding historical occupancy and is currently 91.46% leased. The Bearfort Shopping Village is home to twenty-two (22) tenants and has three (3) vacant suites.
The well-maintained Property is leased to an attractive mix of retail, boutique, and neighborhood service tenants, many of which have been long-term tenants in Bearfort Shopping Village. The Property is well located just north of the commercial center of West Milford and provides a convenient location for area residents. The Property is positioned in between the town’s two grocery stores, located 0.6-miles north of the Shop Rite anchored center and 1.4-miles south of the Cosmo’s Fresh Market anchored center. These three properties account for the majority of the commercial shopping space in West Milford. The Township of West Milford is a semi-rural community located in the upper portion of Passaic County approximately 40 miles from New York City. West Milford has quick access to all the advantages of the city with the comfort and charm of small-town living.