10-50 International Dr S
Flanders, NJ 07836

The Offering

RJ Brunelli & Company, has been retained by the owner to sell the 100% fee simple interest in ITC Center Crossing South, a dominant Power Center located in Flanders, New Jersey where interstate Route 80, U.S Route 46, and Route 206 meet. The Power Center is 373,612 square feet not including Walmart, a 141,000 square foot shadow anchor. Big Box and sub-anchor merchants include Lowes, Old Navy, Bed Bath & Beyond, TJ Maxx, Michaels, and PetSmart.

Location: 10-50 International Dr S Flanders, NJ 07836
GLA: 373,612 SF
Anchors: Walmart, Lowes
Sub-Anchors: Bed Bath and Beyond, Petsmart, Michaels, Old Navy, TJ Maxx
After Some Free Rent Period Burns off in 2022, the 2023 Projected Cap Rate is 6.6% (Assuming No Current Vacant Space Leased)
Current Occupancy: 88%
Acreage: Approx. 45.6 ± Acres
Year Built: 2001

  • • Value Added Potential
  • • Leveraged 100% Leased Potential in 2023 Cash on Cash Return 15%
  • • In-place Cash on Cash Return 9.8% at 88% Occupancy.
  • • National Tenants Occupy 98% of Space