The subject property is prominently located with excellent access and visibility along Memorial Parkway (51,141 AADT), Phillipsburg’s main arterial linking the city to Allentown. The site benefits from robust demographics with a population of 113,416 and average household income of $109,147 within a 5 mile radius.
The site benefits from a strategic location in close proximity to shopping centers, major employers, and retail tenants. Nearby retail centers include Greenwich Shopping Center, anchored by Target (1 million annual visits per Placer.ai) & Lowe’s (557,100 annual visits); Pohatcong Plaza, anchored by Marshalls (315,300 annual visits), Stop & Shop (559,800 annual visits), & Hobby Lobby (257,100 annual visits); St Luke’s Hillcrest Plaza (729,100 annual visits), a mixed-use medical and retail center; and more. Other major retail tenants in the surrounding area include Walmart Supercenter (2.7 million annual visits), ALDI (373,600 annual visits), CVS (249,400 annual visits), Rite Aid (171,400 annual visits) and more. Major employers in the surrounding area include St. Luke’s Hospital, Amazon Distribution, and Bridge Industrial.
This property is listed in Association with Scott Reid & ParaSell, Inc. | A Licensed New Jersey Real Estate Brokerage #1974375. Fisher James Capital is not a New Jersey licensed real estate broker. Residents and property owners of New Jersey should contact ParaSell, Inc. for more information.