Spaces For Lease

at 995 Route 518

40 Nevius Blvd AVAILABLE, Now

Floor 1

Size 1,220 SF

Type RETAIL

Rate Contact for pricing

Sublease No

- Set within the heart of Princeton, NJ, Montgomery Promenade is a new retail destination in one of Southern New Jersey’s most affluent and desirable communities. As Phase I prepares to welcome its first customers with Whole Foods open and operating, leasing opportunities are now available within Phase II, a fully approved development on fully improved land. The project offers retailers an unparalleled opportunity to establish a presence in a distinguished mixed-use environment surrounded by strong demographics and enduring community growth.

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Listing Agency: CBRE | Philadelphia Suburban Show Phone

Listed By: John Krause Show Phone

Source: Moodyscre

Added: Oct 20 Changed: Oct 23 Last Checked: Oct 23 at 3:17PM

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Investment Insights

Based on property information with market context.

A 1,220-square-foot retail space is available for lease at 995 Route 518 in Skillman, New Jersey. The space is part of Phase II of a mixed-use development on improved land, with project approval in place.

Whole Foods is open and operating in Phase I of the development. The available retail space is in the subsequent phase of the project.

Key Highlights

• 1,220‑square‑foot retail space available for lease
• Part of Phase II of a fully approved development on improved land
• Whole Foods is operating in Phase I

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Shopping centers

Suggested Use

Top Pick HVAC Service Grocery & Convenience Store Auto Parts Store Electrical Service Storage Facility (Bike/Boat/Book/etc) Store

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

816

Businesses Nearby

113k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 41% Groceries 34% Dining 21% Beauty & Spa 2%

ShopRite Groceries

38,468 visits/mo 0.3 miles

Wawa Shops & Services

19,315 visits/mo 0.2 miles

Shell Shops & Services

13,377 visits/mo 0.2 miles

Starbucks Dining

9,926 visits/mo 0.2 miles

Burger King Dining

8,057 visits/mo 0.3 miles

Demographics for 08540, NJ

48,216

Population

19,255

Households

2.5

Avg Household Size

41

Median Age

82%

College-Educated

98%

High-School Grad

51.7 sq mi

ZIP Area

933

Density / Sq Mi

$169,898

Median Household Income

$80,357

Median Earnings

$2,083

Median Rent

$723,400

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

Similar Off Market Nearby

• Princeton North Shopping Center — Montgomery, 1225 US-206, Princeton, NJ 08540
• Village Walk at Montgomery — Van Horne Rd, Belle Mead, NJ 08558
• Village Shoppes At Montgomery — 1378 US-206, Skillman, NJ 08558

Frequently Asked Questions

What type of property is this?

Shopping center - Retail leasing is available in the approved second phase of a mixed-use development.

Where is this shopping center located?

The property is located at 995 Route 518 Skillman, NJ.

What are key features of this property?

This property features: 1,220‑square‑foot retail space available for lease; Part of Phase II of a fully approved development on improved land; Whole Foods is operating in Phase I