This property is Off-Market
1 Halsey Reed @ Applegarth Road
Monroe, NJ 08831 ·
130,000 SF · Retail For Lease
Shoppes Monroe (Middlesex County)
|Rental Rate||N/A||Gross Leasable Area||130,000 SF|
|Min. Divisible||5,000 SF||Lot Size||20 AC|
|Max. Contiguous||120,000 SF||Construction Status||Under Construction/Proposed|
|Property Type||Retail||Build to Suit||Yes|
|Property Sub-type||Community Center|
|Listing ID: 15674583||Date Created: 04/21/2008||Last Updated: 06/19/2009|
FULLY APPROVED - The Shoppes at Monroe is currently in the planning stages with construction predicted to start as early as Spring 2009. Because of the lack of retail in the area and the booming residential population, large national retailers are keen to take advantage of this opportunity and are showing great interest in this location. The open air market design of the Center, along with the lush landscaping, is sure to appeal to the growing affluent communities surrounding this commercial development, which will include: a supermarket, a bank, an upscale restaurant and 58,000 square feet of the best national, regional and independent retail stores, totaling approximately 130,000 square feet on 20 acres.
CALL FOR HOUSING DATA -The site is located at the southwest corner of the newly constructed intersection of Applegarth Road and Federal Road. A traffic light will be installed shortly and there are residential projects totaling approximately 3,000 new homes under construction within one mile of the site. Many national housing giants such as Lennar Homes, Centex Homes, K. Hovnanian, as well as Hallmark Homes and Renaissance Properties have all broken ground on substantial housing subdivisions.
Located at Cranbury Half Acre Road/Applegarth Road, Monroe Township, Middlesex Count
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