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    1600 Perrineville Rd Monroe Township, NJ 08831

    For Lease
    Contact for pricing

    Retail Space Available: High-Traffic Monroe Location

    Lot size:
    135,090 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional retail opportunity presents itself at Concordia Shopping Center, a well-established shopping center located at 1600 Perrineville Road in Monroe Township, New Jersey, 08831. The property boasts a total of 135,090 square feet of retail space, offering multiple tenancy options. Currently, there are 17,787 square feet of vacant space available, divisible into units ranging from a minimum of 998 square feet to a maximum contiguous space of 6,737 square feet. This provides flexibility for businesses of various sizes. The center benefits from a high volume of traffic and ample parking, with 602 spaces available for customers and tenants. Situated in Middlesex County, this prime location offers excellent visibility and accessibility, making it an ideal choice for retailers seeking a thriving market. The property is classified as an anchored shopping center, indicating a strong tenant mix and established customer base. This presents a unique chance to establish or expand your business within a successful retail environment. Interested parties are encouraged to inquire about available spaces and lease terms.

    Property Features for 1600 Perrineville Rd

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    135,090 SF

    Unit(s) available at that property

    Space
    Suite 52-53
    Size
    3,007 SF
    Space
    Suite 57
    Size
    1,340 SF
    Space
    Suite 31
    Size
    2,458 SF
    Space
    Suite 32
    Size
    998 SF
    Space
    Suit 41C
    Size
    3,247 SF
    Space
    Suite 42
    Size
    6,737 SF

    HighLights

    • High‑performing 135,090 SF community center prominently located along the NJ Turnpike.
    • Anchored by a diverse tenant mix including Stop & Shop.
    • Densely populated commercial area with over 1,000 businesses within a 3‑mile radius and affluent demographics.
    • Significant residential growth driving increased pedestrian traffic.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Gym & Fitness Accounting Firm Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Monroe Township
    County
    Middlesex
    State
    New Jersey
    Longitude
    -74.4386802
    Latitude
    40.3146212

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    FAQs

    What type of property is this?
    Lifestyle center - Retail Space Available: High-Traffic Monroe Location
    Where is this lifestyle center located?
    The property is located at 1600 Perrineville Rd Monroe Township, NJ.
    What are key features of this property?
    This property features: High-performing 135,090 SF community center prominently located along the NJ Turnpike.; Anchored by a diverse tenant mix including Stop & Shop.; Densely populated commercial area with over 1,000 businesses within a 3-mile radius and affluent demographics.
    Request Owner's contact information
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    Monroe Township, NJ 08831
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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
    1600 Perrineville Rd Monroe Township, NJ 08831
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