Chipotle Mexican Grill is strategically located on State Route 17, with access to a substantial daily traffic count of 136,351 vehicles. The property is situated within the Ridgewood school system, which is ranked among the top five in New Jersey, and is less than two miles from nationally recognized institutions such as Paramus Catholic and Bergen Catholic. Additionally, it is an outparcel to...
Chipotle Mexican Grill is strategically located on State Route 17, with access to a substantial daily traffic count of 136,351 vehicles. The property is situated within the Ridgewood school system, which is ranked among the top five in New Jersey, and is less than two miles from nationally recognized institutions such as Paramus Catholic and Bergen Catholic. Additionally, it is an outparcel to a high-performing shopping center anchored by Hobby Lobby and Marshalls, boasting 100% occupancy. Over the past 12 months, this shopping center has attracted approximately 1.1 million visits, placing it in the top 15% of all power centers in New Jersey and nationwide. Nearby major shopping destinations, including Westfield Garden State Plaza, Bergen Town Center, and Paramus Park, have drawn over 27 million shoppers to the area in the past year (Source: Placer.ai). Significant redevelopment plans are underway to transform Garden State Plaza, bringing a hotel, medical offices, a transit center, and nearly 1,400 apartments and senior housing units to the site. The location is also part of a major medical hub, home to the fourth largest publicly owned hospital in the U.S., and is in close proximity to Bergen New Bridge Medical Center. The 5-mile trade area serves a population of 399,326 residents with an affluent average household income of $163,352. Paramus is a borough in central Bergen County, New Jersey, and serves as a suburban bedroom community for New York City. As of the 2020 census, the population was 26,698. The subject property is located approximately 16 miles from New York, NY, and 89 miles from Philadelphia, PA.