1500 Rte Middletown Township, NJ 07748
- Lifestyle centers
- 146,001 SF
Current Use by Public Records
- Lifestyle centers
Property Details for 1500 Rte
- Property size
- 146,001 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
Kings Commons, located at 1500 Route 35 in Middletown Township, New Jersey (zip code 07748), presents a unique opportunity for businesses seeking prime retail space in a thriving Monmouth County location. This 146,001 square foot shopping center features a newly relocated ShopRite as its anchor tenant, ensuring high foot traffic and visibility. The property sits on a sizable 18.25-acre lot at the northwest corner of the signalized intersection at Kings Highway, offering exceptional exposure to Route 35. Currently, there are six suites available, with vacant space totaling 14,263 square feet. Individual spaces range from a minimum of 1,925 square feet to a maximum contiguous space of 5,684 square feet, providing flexibility for various business needs. End-cap and in-line spaces are available. This development benefits from its location within the high-traffic Middletown/Holmdel retail corridor, surrounded by a strong concentration of national retailers. The property's strategic location and the presence of a major anchor tenant make it an ideal investment for businesses seeking significant visibility and a robust customer base. This is a rare opportunity to establish a presence in one of the most desirable retail locations in the market.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Middletown Township
- County
- Monmouth
- State
- New Jersey
- Longitude
- -74.1273
- Latitude
- 40.4041