208 New Rd Monmouth Junction, NJ 08852-2032
This exceptional retail opportunity presents 60,000 square feet of vacant space within a 78,500-square-foot multi-tenant commercial building situated on a 9.75-acre lot in Middlesex County. The property boasts a prime location on Route 1, a high-traffic thoroughfare with over 62,000 vehicles passing daily. Its visibility is further enhanced by its placement at a signalized intersection. The space is ideal for a variety of uses, including food service, fitness centers, and medical facilities. Flexible lease terms are available, with a minimum divisible space of 2,000 square feet and a maximum contiguous space of 50,000 square feet. This property is part of a proposed retail development on an existing hotel site, offering significant potential for growth and synergy. The substantial lot size provides ample parking and room for future expansion. The high daily traffic count and strategic location ensure maximum exposure and visibility for any tenant. This is a rare opportunity to secure a prominent retail space in a thriving area. The property is currently undergoing development, presenting a chance to be part of a dynamic and growing commercial center.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-3 · Monmouth Junction, NJCosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.