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    510-558 Milltown Rd North Brunswick, NJ 08902

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    For Lease
    Contact for pricing

    287,131 SF community center in North Brunswick, NJ.

    Property size:
    21,084 SF
    Lot size:
    20.11 Acres

    Property Features for 510-558 Milltown Rd

    General Information

    Size
    21,084 SF
    Lot size
    20.11 Acres

    Source: Levin Management - Corporate Agent Fred Younkin

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Community Center Retail Opportunity

    This 287,131 square foot community center is located on Milltown Road, near Route 1, in North Brunswick. The center attracts approximately 2.6 million annual visits. A prominent anchor, Lidl, has been operating since 2020. LA Fitness has completed a full renovation of their fitness center. Junior anchor positions are available. The center features a mix of national, regional, and local retailers and restaurants. Its location provides proximity to Rutgers University and DeVry University. Kanoon Restaurant is now open, and Tropical Smoothie Café is coming soon. Nearby shopping destinations include Trader Joe’s, Michaels, ULTA, Hobby Lobby, Burlington, Walmart, Marshalls, and Bowlero. Co-brokers receive a 5% commission up to 15,000 square feet and 4% commission for 15,001 to 40,000 square feet.
    Location Intelligence

    Current Use by Public Records

    Fitness centers & gyms

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    North Brunswick
    County
    Middlesex
    State
    New Jersey
    Longitude
    -74.453672
    Latitude
    40.467347

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    FAQs

    What type of property is this?
    Shopping mall - 287,131 SF community center in North Brunswick, NJ.
    Where is this shopping mall located?
    The property is located at 510-558 Milltown Rd North Brunswick, NJ.
    What are key features of this property?
    This property features: - High Traffic Location: 287,131 SF community center with 2.6 million annual visits, located off Route 1 in North Brunswick's retail corridor.; - Strong Anchor Tenant: Lidl operating since 2020.; - Junior Anchor Opportunities: Excellent opportunities available for businesses seeking a strong presence.
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    North Brunswick, NJ 08902
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    510-558 Milltown Rd North Brunswick, NJ 08902
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