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Montgomery Place Route 206 & Belle Mead Griggstown Rd 2,782 - 18,425 SF of Retail Space Available in Montgomery, NJ 08502
HIGHLIGHTS
- Two entrances to the center
- Part of the expanding Princeton sub-market with high incomes and a highly educated population.
- Adjacent to Pike Run homes with 500 houses/townhomes, Pike Run apartment complex with 800 units.
SPACE AVAILABILITY (4)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 3,150 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor | 5,293 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor | 2,782 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor | 7,200 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
Route 206 & Belle Mead Griggstown Rd - 1st Floor
Drive Thru
- Partially Built-Out as Standard Retail Space
- Space is an outparcel at this property
Route 206 & Belle Mead Griggstown Rd - 1st Floor
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
Route 206 & Belle Mead Griggstown Rd - 1st Floor
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
Route 206 & Belle Mead Griggstown Rd - 1st Floor
Approved to be built
- Space is an outparcel at this property
- Space is in Excellent Condition
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT MONTGOMERY PLACE
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Dogtopia
- Animal Care/Groom
- 293
- International
- Paris Baguette
- Bakery
- 358
- International
- Verizon Wireless
- Wireless Communications
- 8,463
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Dogtopia | Animal Care/Groom | 293 | International |
| Paris Baguette | Bakery | 358 | International |
| Verizon Wireless | Wireless Communications | 8,463 | International |
PROPERTY FACTS
| Total Space Available | 18,425 SF | Gross Leasable Area | 40,791 SF |
| Center Type | Neighborhood Center | Total Land Area | 22.35 AC |
| Parking | 621 Spaces | Year Built | 2020 |
| Center Properties | 5 |
| Total Space Available | 18,425 SF |
| Center Type | Neighborhood Center |
| Parking | 621 Spaces |
| Center Properties | 5 |
| Gross Leasable Area | 40,791 SF |
| Total Land Area | 22.35 AC |
| Year Built | 2020 |
ABOUT THE PROPERTY
+/- 86,960 SF regional shopping center with potential for an additional +/- 10,350 SF to be constructed, in the heart of the rapidly growing Montgomery/Belle Mead market. Anchored by CVS and Kasia market, a high-end Asian market featuring fresh produce, a butcher shop, fresh/live seafood market, Korean cosmetics and prepared foods.
NEARBY MAJOR RETAILERS
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Montgomery Place | Route 206 & Belle Mead Griggstown Rd
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