The Shoppes at 25 Route 22 Springfield, NJ

As exclusive agent, Cushman & Wakefield is pleased to offer 100% fee interest in The Shoppes at 25 Route 22, located in Springfield, Union County, NJ. Situated on roughly 5 acres with approximately 300’ft of frontage and visibility along Route 22 – one of NJ’s most highlytrafficked retail and services corridors – this 58,500 SF property is currently 100% leased to a mix of national (91%) and local tenants with a roster that is purely food and beverage, necessity-based and service-oriented.

Built in 2018, the Property’s high-quality vintage, flexible layout and unit sizes, and abundant parking have resulted in solidifying quality tenants and stable cash flow. The Property currently has a 4.5-year weighted average remaining lease term and provides investors with minimal near-term rollover. The property includes a modern 13,000 SF strip center fronting Route 22, with a lineup that includes Krispy Kreme, Poke 22, Smoothie King, and Cap’t Loui. An adjacent/rear 45,500 SF flex building is occupied by Sky Zone (35,500 SF) and Kiddie Academy (10,000 SF), providing a blend of experiential retail and essential services.

Strategically positioned in one of Northern New Jersey’s most active retail corridors, The Shoppes at 25 Route 22 offers exceptional visibility, strong traffic counts, and proximity to affluent communities such as Millburn, Short Hills, Union, Westfield, Maplewood, and Summit. The location benefits from strong demographics including a population density of roughly 1,700 PSM (3-mile radius), making this a rare opportunity to acquire a high-quality, fully leased retail center in a high-barriers to entry market.

Investment Highlights