137-141 Chestnut Street Roselle Park, NJ 07204

[Pages:8]Professional Medical/Dental Space for Lease

137-141 Chestnut Street Roselle Park, NJ 07204

? Downtown Roselle Park

? Newly Renovated Elevator Building

? Two 2nd Floor Spaces:

2500 - 5100 SF Dental (Will Divide)

1500 SF Medical

? Available Immediately

? Existing Build out Medical/Dental

? Handicapped accessible

? Multiple exam rooms & offices

? Waiting & Reception area ? Private restrooms

? Many Windows Great Light

? Large Building Signage

? Vast Free Municipal Parking lot rear of building

? Street Parking ? Walk to Restaurants, Shops, Banks ? One Block from Route 28 ? Close Proximity to GSP ? Lease rate: $22.95 Modified Gross

Maria Lima

David R. Williams

Sales Associate

Senior Vice President

Office: (973) 267-7778

Office: (973) 267-7778

Cell: (973) 864-0718

Cell: (201) 218-0658

mlima@ drwilliams@

Exclusive Broker



No warranty or representation, express or implied is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice and to any special listing conditions imposed by our principals.

Professional Medical/Dental Space for Lease

Exclusive Broker



No warranty or representation, express or implied is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice and to any special listing conditions imposed by our principals.

Professional Medical/Dental Space for Lease

Aerial

137-141 Chestnut Street Roselle Park, NJ 07204

Exclusive Broker



No warranty or representation, express or implied is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice and to any special listing conditions imposed by our principals.

Professional Medical/Dental Space for Lease

Floor Plan 1,500 SF Space

Exclusive Broker



No warranty or representation, express or implied is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice and to any special listing conditions imposed by our principals.

Professional Medical/Dental Space for Lease

Floor Plan 5,100 SF Space

Exclusive Broker



No warranty or representation, express or implied is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice and to any special listing conditions imposed by our principals.

Professional Medical/Dental Space for Lease

Executive Summary

Demographics 137 Chestnut St, Roselle Park, New Jersey, 07204

Rings: 1, 3, 5 mile radii

Population

2000 Population 2010 Population 2016 Population 2021 Population 2000-2010 Annual Rate 2010-2016 Annual Rate 2016-2021 Annual Rate 2016 Male Population 2016 Female Population 2016 Median Age

1 mile

29,115 29,195 29,483 30,167 0.03% 0.16% 0.46% 48.1% 51.9%

39.4

3 miles

215,270 218,146 225,830 234,653

0.13% 0.56% 0.77% 48.4% 51.6%

38.9

Prepared by Esri Latitude: 40.66271 Longitude: -74.26418

5 miles

493,799 501,267 519,182 538,855

0.15% 0.56% 0.75% 48.1% 51.9%

38.0

In the identified area, the current year population is 519,182. In 2010, the Census count in the area was 501,267. The rate of change since 2010 was 0.56% annually. The five-year projection for the population in the area is 538,855 representing a change of 0.75% annually from 2016 to 2021. Currently, the population is 48.1% male and 51.9% female.

Median Age

The median age in this area is 39.4, compared to U.S. median age of 38.0. Race and Ethnicity

2016 White Alone 2016 Black Alone 2016 American Indian/Alaska Native Alone 2016 Asian Alone 2016 Pacific Islander Alone 2016 Other Race 2016 Two or More Races 2016 Hispanic Origin (Any Race)

52.0% 27.9%

0.2% 6.7% 0.0% 10.1% 3.1% 33.5%

58.7% 22.1%

0.4% 5.3% 0.0% 10.0% 3.5% 35.6%

51.2% 31.4%

0.4% 4.7% 0.0% 8.9% 3.4% 30.0%

Persons of Hispanic origin represent 30.0% of the population in the identified area compared to 17.9% of the U.S. population. Persons of Hispanic Origin may be of any race. The Diversity Index, which measures the probability that two people from the same area will be from different race/ethnic groups, is 79.0 in the identified area, compared to 63.5 for the U.S. as a whole.

Households

2000 Households 2010 Households 2016 Total Households 2021 Total Households 2000-2010 Annual Rate 2010-2016 Annual Rate 2016-2021 Annual Rate 2016 Average Household Size

10,702 10,564 10,547 10,723 -0.13% -0.03% 0.33%

2.78

78,281 78,010 79,910 82,618 -0.03% 0.39% 0.67%

2.78

177,609 178,878 183,599 189,693

0.07% 0.42% 0.66%

2.79

The household count in this area has changed from 178,878 in 2010 to 183,599 in the current year, a change of 0.42% annually. The fiveyear projection of households is 189,693, a change of 0.66% annually from the current year total. Average household size is currently 2.79, compared to 2.77 in the year 2010. The number of families in the current year is 128,132 in the specified area.

Exclusive Broker



No warranty or representation, express or implied is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice and to any special listing conditions imposed by our principals.

Professional Medical/Dental Space for Lease

Executive SDumemmaory graphics

137 Chestnut St, Roselle Park, New Jersey, 07204 Rings: 1, 3, 5 mile radii

Prepared by Esri Latitude: 40.66271 Longitude: -74.26418

Median Household Income 2016 Median Household Income 2021 Median Household Income 2016-2021 Annual Rate

Average Household Income

1 mile

$57,892 $59,613

0.59%

3 miles

$60,189 $64,186

1.29%

5 miles

$59,474 $62,799

1.09%

2016 Average Household Income 2021 Average Household Income 2016-2021 Annual Rate Per Capita Income

$76,651 $82,433

1.47%

$82,008 $88,253

1.48%

$86,121 $92,760

1.50%

2016 Per Capita Income 2021 Per Capita Income 2016-2021 Annual Rate

$27,867 $29,772

1.33%

$29,613 $31,653

1.34%

$30,823 $33,010

1.38%

Households by Income

Current median household income is $59,474 in the area, compared to $54,149 for all U.S. households. Median household income is projected to be $62,799 in five years, compared to $59,476 for all U.S. households

Current average household income is $86,121 in this area, compared to $77,008 for all U.S. households. Average household income is projected to be $92,760 in five years, compared to $84,021 for all U.S. households

Current per capita income is $30,823 in the area, compared to the U.S. per capita income of $29,472. The per capita income is projected to be $33,010 in five years, compared to $32,025 for all U.S. households

Housing 2000 Total Housing Units 2000 Owner Occupied Housing Units 2000 Renter Occupied Housing Units 2000 Vacant Housing Units 2010 Total Housing Units 2010 Owner Occupied Housing Units 2010 Renter Occupied Housing Units 2010 Vacant Housing Units 2016 Total Housing Units 2016 Owner Occupied Housing Units 2016 Renter Occupied Housing Units 2016 Vacant Housing Units 2021 Total Housing Units 2021 Owner Occupied Housing Units 2021 Renter Occupied Housing Units 2021 Vacant Housing Units

11,036 6,606 4,096 334

11,134 6,413 4,151 570

11,267 6,056 4,491 720

11,457 6,145 4,578 734

80,772 45,394 32,888

2,490 82,342 44,303 33,707

4,332 84,774 42,985 36,926

4,864 87,520 44,256 38,361

4,902

185,907 98,953 78,655 8,299

192,596 96,333 82,545 13,718

198,525 93,343 90,256 14,926

204,757 96,200 93,494 15,064

Currently, 47.0% of the 198,525 housing units in the area are owner occupied; 45.5%, renter occupied; and 7.5% are vacant. Currently, in the U.S., 55.4% of the housing units in the area are owner occupied; 32.9% are renter occupied; and 11.7% are vacant. In 2010, there were 192,596 housing units in the area - 50.0% owner occupied, 42.9% renter occupied, and 7.1% vacant. The annual rate of change in housing units since 2010 is 1.36%. Median home value in the area is $341,146, compared to a median home value of $198,891 for the U.S. In five years, median value is projected to change by 1.90% annually to $374,865.

Exclusive Broker



No warranty or representation, express or implied is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice and to any special listing conditions imposed by our principals.

Professional Medical/Dental Space for Lease

TrafficTCrouantfMfapic Count

137 Chestnut St, Roselle Park, New Jersey, 07204 Rings: 1, 3, 5 mile radii

Prepared by Esri Latitude: 40.66271 Longitude: -74.26418

Source: ?2016 Kalibrate Technologies

February 08, 2017

?2016 Esri

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No warranty or representation, express or implied is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice and to any special listing conditions imposed by our principals.

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