11 Outwater Ln, Garfield, NJ 07026

This commercial property, located at 11 Outwater Lane in Garfield, New Jersey, is situated at a prominent intersection within the township. The site has undergone a comprehensive redevelopment, now housing a Wawa Gas/Convenience Store, a Citizens Bank branch, and a 13,076 square foot strip center, all integrated with cross-access capabilities. The entire property encompasses approximately 6.40 acres, offering direct access from Outwater Lane, Jewel Street, and River Drive. Outwater Lane serves as a key connector between Garfield and the neighboring town of Clifton, with these main thoroughfares linking to surrounding townships.

The subject property is supported by strong demographic data. Within a 1-mile radius, the estimated population is 41,631, expanding to 89,594 within a 1.5-mile radius. Furthermore, the area within a 1-mile radius of the property includes 14,957 households, with an average household income reported at $61,705. This concentration of residents and purchasing power indicates a robust consumer base for the businesses located on the premises.

The immediate vicinity features a diverse range of established retailers and financial institutions, enhancing the property's strategic location. Notable surrounding businesses include PNC Bank, Walgreens, Spencer Savings Bank, Super Fresh Supermarket, and Dunkin Donuts, among others. This established retail ecosystem contributes to the high traffic and visibility of the 11 Outwater Lane location, benefiting all tenants.

This offering comprises three distinct buildings on a single parcel, designed with new, high-quality construction completed in 2016. The tenancy includes Wawa, Citizens Bank, and a multi-tenant strip center, all operating under NNN (Triple Net) leases. The property is being offered as a single investment opportunity and will not be sold separately. The investment benefits from scheduled rent increases and is positioned at the busiest corner in Garfield, experiencing approximately 30,000 vehicles per day (VPD). The property is also located on the border of Clifton and Garfield, further expanding its reach.