Succasunna, NJ - Fayette Roxbury Strip Center

Description:

SRS Multi-Tenant Investments is pleased to present the fee simple interest in a 100% leased, multi-tenant retail center located in Succasunna, New Jersey, within the New York–Newark–Jersey City MSA. The asset features 4.4+ years of weighted average lease term with all tenants holding renewal options, several with scheduled rental increases. All leases are NNN with tenants reimbursing for taxes, insurance, and CAM; landlord responsibilities are minimal and fully reimbursed, making this an ideal low-maintenance investment for passive or out-of-state buyers.

The center benefits from strong frontage along State Highway 10 (31,900 VPD) and proximity to I-80 (114,000 VPD), providing excellent access and visibility. Positioned within a dense retail corridor, it is surrounded by major centers such as Roxbury Mall (Home Depot-anchored), The Shops at Ledgewood Commons (Walmart-anchored, 4.7M+ annual visits), and Ledgewood Plaza. Nearby schools and other community anchors also drive weekday traffic to the site. Located just 42 miles west of Manhattan, the property sits in one of the nation’s most densely populated and affluent markets. The 5-mile trade area includes over 109,700 residents and 39,900 employees, with average household income of $167,334, supporting strong retail demand and long-term real estate value.

---

Report Listing This listing was syndicated through:

Listing ID: a28TP000001n8ofYAA