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OFFICE/RETAIL SPACE FOR LEASE 60 STIRLING ROAD, WATCHUNG CIRCLE, WATCHUNG, NJ LBI, LLC Lending/Brokerage/Investments.

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Presentation on theme: "OFFICE/RETAIL SPACE FOR LEASE 60 STIRLING ROAD, WATCHUNG CIRCLE, WATCHUNG, NJ LBI, LLC Lending/Brokerage/Investments."— Presentation transcript:

1 OFFICE/RETAIL SPACE FOR LEASE 60 STIRLING ROAD, WATCHUNG CIRCLE, WATCHUNG, NJ LBI, LLC Lending/Brokerage/Investments

2 Overview: Location: 60 Stirling Road, Watchung Circle, Somerset County, New Jersey, 07069. Lease Space: Approximately 3000 square feet; 2500 +/- located on first floor with frontage along Watchung Circle. Parking: 30-35 Spaces Rent/SF: $27.50 Lease Type: NNN Landlord Responsibilities: Roof and Structure Initial Lease Term: 5 to 20 years with adjustments at 5 year increments. Offering: Recently renovated, JPMorgan Chase anchored, office/retail space for lease. Site offers high visibility and high traffic count with excellent access being located at 60 Stirling Road on the Watchung Circle. LBI, LLC Lending/Brokerage/Investments

3 Somerset County is the core of Central New Jersey and located within the heart of the nation’s largest metropolitan area. Over the last decade, Somerset County had the 3 rd largest increase in population growth in New Jersey and is currently estimated with 324,890 residents. The County ranked as the 9 th wealthiest county in the nation in 2010 by per capita income and the highest in New Jersey. Watchung is situated in the Northern section of Somerset County bordered by Morris County (north), Union County (East), Middlesex County (Southeast), Mercer County (South) and Hunterdon County (West). Area : LBI, LLC Lending/Brokerage/Investments

4 Location : The property consists of a one and one- half-story, 6019-square-foot, Class A office building located in Watchung, Somerset County, New Jersey. The subject site is conveniently located at 60 Stirling Road on the Watchung Circle, within minutes of Interstate 78 and Route 22. Interstate 78 and Route 22 are the region’s primary, toll-free roads connecting central New Jersey to Hunterdon County and Philadelphia (60 miles) to the west and Union County and the New York City (27 miles) to the east. Stirling Road (Route 653) runs North to South from the Watchung Circle and ends at Route 512 in Morris County. Interstate 78 is home to Fortune 500 firms, major corporate, pharmaceutical & high tech firms to include: Sanofi-Aventis US headquarters, Merck, Schering- Plough, Mylan Laboratories, Citigroup, Chubb, AT&T, Alcatel-Lucent, Verizon Wireless, MetLife, Apprise, J&J Ortho Biotech headquarters. LBI, LLC Lending/Brokerage/Investments

5 The subject space available for lease (~2500 square feet) on the Watchung Circle, is also located within an area known as the Village Center Historic Zone. Many of the buildings in this area are historic, i.e., Texira House and the Watchung Arts Center. Watchung Borough Hall, the Rescue Squad and Fire Department are also located at the Circle. Additional neighbors include a two-story commercial office building occupied by Surgicare of Central New Jersey, realtors office, gas station and the Watchung Police Department. Other properties in close proximity to Stirling Road and the subject site include the Watchung Public Library, an award winning Water & Wine Restaurant, a neighborhood church and small retail properties with second floor apartments. Subject Site: LBI, LLC Lending/Brokerage/Investments

6 Please Contact Us for Additional Information: Karen Canellis kcanellis@lbillc.net Cell: (703) 772-3545 George Canellis gcanellis@aol.com Cell: (908) 233-2000 1808 Old Meadow Road, Suite 1210 McLean, VA 22102 Phone: (703) 847-0406 Fax: (703) 847-0407 The information has been secured from sources deemed to be reliable, but no representations or warranties expressed or implied in the accuracy of the information are made. Buyer must verify all information and bear the risk of any inaccuracies. Site Plan: LBI, LLC Lending/Brokerage/Investments


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