Denville Commons

Denville Commons

Denville Commons

3130 NJ-10, Denville, NJ 07834, USA

Denville Commons

As exclusive agent, Cushman & Wakefield is pleased to offer a 100% fee interest in the Denville Commons in Denville, New Jersey (the “Center”) for sale.

Currently 91% leased to 16 tenants, this 73,184-square foot strip center presents a value-add opportunity by leasing up the three vacant units totaling 6,850 SF. Newly renovated, Denville Commons is anchored by Corrado’s Market, an Italian specialty shop and supermarket, who signed an 11-year lease with three 5-year renewal options earlier this year, and junior anchored by Goldfish Swim School. All 16 tenants combined have a WALT of 6.49 years with the anchor and junior anchor tenants having a WALT of 9.79 years, demonstrating the tenants’ long-term commitment to the Center.

Denville Commons benefits from a dense, affluent trade area of 236,377 people, with an average household income of over $141,000, within a seven-mile radius. The Center offers exceptional visibility along Route 10 with approximately 50,000 VPD passing the site, as well as access via Franklin Road, which is at a traffic light controlled intersection.

Property Summary

GLA (SF)73,184 SF
AnchorCorrado’s Market, Goldfish Swim School

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