Pennington Avenue Shopping Village (Grocery-Anchored)

96% Occupied Grocery-Anchored Shopping Center - Well-established neighborhood shopping center on the Trenton/Ewing border, anchored by Super Food (Supremo) Supermarket, a long-term grocery tenant occupying 45% of the GLA and paying just $8 PSF.
Diversified Tenant Mix - The center is occupied by 14 tenants spanning grocery, restaurants, retail, personal services, childcare and telecommunications, creating stable cash flow with minimal tenant concentration risk.
Recent Capital Improvements - Ownership has made significant recent investments in the property, including repainting and replacing majority of rooftop HVAC units in 2024.
Long-Term NNN Cash Flow - Predominantly NNN lease structure with scheduled rent increases throughout the rent roll provides stable cash flow, contractual NOI growth and limited landlord responsibilities.
Large Infill Center on 5.35 Acres - Situated on 5.35 acres with 216 parking spaces, the property offers an irreplaceable infill footprint.
Excellent Regional Accessibility - Located just off US Route 1 and US Route 206 with convenient access to Interstate 295 and Interstate 195, the property benefits from strong regional connectivity throughout Mercer County and the greater Central New Jersey market.