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Property profile & analytics
OFF-MARKET
Lifestyle centers

& Rt. 206 Bellemead Griggstown Rd Montgomery, NJ 08502

102,000 SF
Property ID
Property summary
AI-generated overview

Montgomery Place, located at the intersection of Belle Mead Griggstown Road and Route 206 in Montgomery, New Jersey (zip code 08502), presents a significant retail and restaurant opportunity. This 102,000 square foot shopping center offers a variety of spaces, perfect for multiple tenants. The property boasts 12 suites in total, with a minimum divisible space of 1,637 square feet and a maximum contiguous space of 17,859 square feet. Currently, there is 58,705 square feet of vacant space available, providing ample opportunity for expansion or new businesses. The center is conveniently situated in Somerset County and offers extensive parking with 547 spaces for customer convenience. The property is classified as both retail and restaurant space, making it ideal for a diverse range of businesses. This prime location offers excellent visibility and accessibility, making it an attractive option for businesses seeking a strong presence in a thriving community. The property's size and layout provide flexibility for various business needs, from smaller boutiques to larger anchor tenants. Interested parties are encouraged to inquire about available spaces and lease terms. This is a unique opportunity to establish or expand your business in a high-traffic area with significant potential for growth.

Property profile
Verified
Property type Lifestyle centers
Total area 102,000 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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