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Community Center Retail Opportunity
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510-558 Milltown Rd, North Brunswick, NJ

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

Space Size9,739 SF - 21,084 SF
Lot Size20.11 Acres
Days on Market696

Property Features for 510-558 Milltown Rd

General Information

Standard status Active
Size 9,739 SF - 21,084 SF
Lot size 20.11 Acres
Property subtype RETAIL

Spaces For Lease

at 510-558 Milltown Rd Contact us

498 Milltown Rd

Floor
1
Size
21,084 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- 287,131 SF community center located on Milltown Road, just off Route 1, in the...
show more
Contact us

498 Milltown Rd

Floor
1
Size
9,739 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- 287,131 SF community center located on Milltown Road, just off Route 1, in the...
show more
Contact us
Listing Agency: Levin Management - Corporate
Listed By: Fred Younkin · License #RS309603
Source: Moodyscre
Added: Oct 17, 2024 Changed: Sep 2 Last Checked: Sep 12 at 8:29AM

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 Levin Management - Corporate

Investment Insights

Based on property information with market context.

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.

Key Highlights

  • 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.

Property Analytics

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Open Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Skin Care Clinic Storage Facility Building Supply

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

846
Businesses Nearby
423k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 49% Groceries 18% Shops & Services 18% Beauty & Spa 4%
Trader Joe's Groceries
55,437 visits/mo 0.3 miles
McDonald's Dining
40,492 visits/mo 0.1 miles
Dollar Tree Shops & Services
30,336 visits/mo 0.1 miles
Chili's Grill & Bar Dining
26,524 visits/mo 0.3 miles
Michaels Shops & Services
24,231 visits/mo 0.4 miles
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 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.
(908) 226-5288 Call to check price and availability
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