675 Rte Woodbridge Township, NJ 08830
The Plaza at Woodbridge, located at 675 Route 1 in Woodbridge Township, NJ 08830, presents a prime retail investment opportunity. This expansive open-air shopping center boasts a total of 410,788 square feet on a 28.7-acre lot, offering multiple tenancy options. Currently, there are 21,017 square feet of vacant space available, divisible into units as small as 1,700 square feet, with a maximum contiguous space of 19,317 square feet. The property features ample parking with 1,996 spaces, ensuring convenient access for customers. Strategically situated on Route 1, across from Woodbridge Mall and within two miles of Menlo Park Mall, this center benefits from exceptional visibility and high traffic volume. Its prime location at the intersection of major roadways, including the New Jersey Turnpike, Garden State Parkway, and Route 1, draws a large customer base from a wide area. Anchored by Best Buy and Raymour & Flanigan, The Plaza at Woodbridge is one of the most visited open-air shopping centers in the market, providing a strong foundation for new tenants. This Middlesex County property offers a unique chance to establish a presence in a thriving retail environment with a significant daily captive audience from the surrounding office market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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