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INVESTMENT HIGHLIGHTS
THE ASSET: The Bearfort Shopping Village consists of 34,154 square feet spread over two (2) buildings on a large 11.8-acre parcel of land. The Property is comprised of a mix of local tenants and has enjoyed strong historical occupancy throughout the years. The Property offers a charming village-like setting with ample parking, green space and beautiful architectural design throughout.
VERSATILE PROPERTY: The Bearfort Village features a healthy mix of retail, office and professional spaces, offering versatility when selecting prospective tenants. The Property is home to retailers, business and professional offices, and service establishments, restaurants, physical fitness, personal services, and studios for artists, teachers, and musicians.
STRATEGIC RETAIL LOCATION: The Property is situated at the intersection of Bearfort Road and Union Valley Road, the area’s primary commercial and commuter corridor in the central portion of West Milford. The Property is well located just north of the commercial center of West Milford and provides a convenient location for area residents. The Property is positioned in between the town’s two grocery stores, located 0.6-miles north of the Shop Rite anchored center (home to Shop Rite, TJ Maxx, Rite Aid & McDonald’s) and 1.4-miles south of the Cosmo’s Fresh Market anchored center (home to Cosmo’s Fresh Market, Tractor Supply Co, and Dollar General). These three properties account for the majority of the commercial shopping space in West Milford.
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