Building Details

Building Size 86,960 SF

Tenancy Multi

Spaces For Lease

at 2311 US-206 Contact us

Montgomery Place

Floor

1

Size

2,782 SF

Type

RETAIL

Rate

Contact for pricing

Availability

AVAILABLE, Now

Sublease

No

• +/- 86,960 SF regional shopping center with potential for an additional +/- 10,350... SF to be constructed, in the heart of the rapidly growing Montgomery/Belle Mead market • Anchored by CVS and Kasia market, a high-end Asian market featuring fresh produce, a butcher shop, fresh/live seafood market, Korean cosmetics and prepared foods • Two entrances to the center: full access on Route 206 and a second entrance at the signalized intersection at Belle Mead-Griggstown Road with back access to the residential housing nearby • Adjacent to Pike Run homes with 500 houses/townhomes, Pike Run apartment complex with 800 units. Across Route 206 is the Country Club Estates with 148 homes and Meadows at Montgomery, an active 55+ community of 96 units. • Part of the expanding Princeton sub-market with high incomes and a highly educated population, the site is approximately six miles from downtown Princeton

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Listing Agency: Pierson Commercial Real Estate Show Phone

Listed By: Gary Krauss

Source: Moodyscre

Added: Sep 30, 2025 Changed: Aug 8 Last Checked: Aug 22 at 6:44AM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Pierson Commercial Real Estate

Investment Insights

Based on property information with market context.

Regional shopping center offering approximately 86,960 SF, with potential to add approximately 10,350 SF to the site. The center is anchored by CVS and Kasia market, an Asian grocery featuring fresh produce, a butcher shop, fresh/live seafood market, Korean cosmetics, and prepared foods.

The center has two entrances, including full access on Route 206 and a second entrance at the signalized intersection at Belle Mead-Griggstown Road, with back access to nearby residential housing. It is adjacent to Pike Run homes (500 houses/townhomes) and the Pike Run apartment complex (800 units). Across Route 206 is Country Club Estates (148 homes) and Meadows at Montgomery, an active 55+ community with 96 units.

The property is part of the expanding Princeton sub-market and is approximately six miles from downtown Princeton.

Key Highlights

• Approximately 86,960 SF regional shopping center with potential for an additional approximately 10,350 SF
• Anchored by CVS and Kasia market, featuring fresh produce, butcher shop, fresh/live seafood, Korean cosmetics and prepared foods
• Two entrances: full access on Route 206 plus a second entrance at the signalized Belle Mead‑Griggstown Road intersection

Property Analytics

Property Profile

Current Use

Shopping centers

Suggested Use

Top Pick Law Firm Auto Repair Shop Building Supply Big Box & Wholesale Store Restaurant Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant

Tenancy

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

115

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 08502, NJ

11,636

Population

4,049

Households

2.9

Avg Household Size

41

Median Age

77%

College-Educated

99%

High-School Grad

13.2 sq mi

ZIP Area

882

Density / Sq Mi

$223,444

Median Household Income

$104,823

Median Earnings

$2,511

Median Rent

$766,000

Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

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Frequently Asked Questions

What type of property is this?

Shopping center - Regional shopping center anchored by CVS and Kasia market with two entrances and expansion potential for additional retail space.

Where is this shopping center located?

The property is located at 2311 US-206 Montgomery, NJ.

What are key features of this property?

This property features: Approximately 86,960 SF regional shopping center with potential for an additional approximately 10,350 SF; Anchored by CVS and Kasia market, featuring fresh produce, butcher shop, fresh/live seafood, Korean cosmetics and prepared foods; Two entrances: full access on Route 206 plus a second entrance at the signalized Belle Mead‑Griggstown Road intersection