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Monroe Town Center 337 Applegarth Rd

3,400 SF of Office/Retail Space Available in Monroe Township, NJ 08831

Highlights

  • Shovel-ready pad site spanning an acre with Neighborhood Commercial zoning and approvals for a bank, but also ideal for retail, office, or other uses.
  • Offering excellent visibility near the intersection of Applegarth Road and Prospect Plains Road with convenient access to the New Jersey Turnpike.
  • Ideally situated between the 215-space Monroe Township Park & Ride and the Wawa-anchored Monroe Town Center neighborhood retail center.
  • Benefit from strong demographics with 140,592 residents living within a 15-minute drive, contributing to an average household income of $139,175.

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor
  • 3,400 SF
  • 10-99 Years
  • Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
  • Negotiable
337 Applegarth Rd - 1st Floor
Space Use
Office/Retail
Condition
Spec Suite
Availability
Now

The lease rate is negotiable based on the term and quality of the tenant.

  • Fits 9 - 28 People
  • Rent dependent on final space use.
  • Approvals for a bank in place.
Space Size Term Rental Rate Rent Type
1st Floor 3,400 SF 10-99 Years Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request Negotiable

337 Applegarth Rd - 1st Floor

Size
3,400 SF
Term
10-99 Years
Rental Rate
Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
Rent Type
Negotiable
Space Use
Office/Retail
Condition
Spec Suite
Availability
Now

The lease rate is negotiable based on the term and quality of the tenant.

  • Fits 9 - 28 People
  • Rent dependent on final space use.
  • Approvals for a bank in place.

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.

PROPERTY FACTS FOR 337 Applegarth Rd , Monroe Township, NJ 08831

Center Type Strip Center
Parking 184 Spaces
Center Properties 2
Gross Leasable Area 49,658 SF
Total Land Area 4.95 AC
Year Built 1990

About the Property

337 Applegarth Road is a one-acre pad site in Monroe Township, New Jersey. The shovel-ready site is available for lease, offering Neighborhood Commercial (NC) zoning with approvals for the construction of a bank building already in place. Additional potential uses include retail, office, or the flexibility to meet other consumer needs. For the leasing tenant’s broker/representative, ownership is willing to pay a full 5% commission. The site is contiguous to the 215-space Monroe Township Park & Ride parking lot. On the other side of the development site is the Monroe Town Center neighborhood retail center. This Wawa-anchored commercial center spans 32,300 square feet and is well-maintained by the property’s owner-developer. It features a diverse tenant roster and is 100% leased. Benefit from proximity to Ming Feng Chinese restaurant, Faros Greek Cuisine, Bagel Bazaar, T-Mobile, Dental Arts, Lenneth Miller Hair Studio, Parkway Cleaners, and TBT Nails and Spa. 337 Applegarth Road offers excellent visibility to over 6,500 passing vehicles per day. With approximately 140,592 residents who live within a 15-minute drive radius, businesses benefit from the surrounding solid demographics, with an average household income of nearly $140,000. 337 Applegarth Road sits near the intersection of Applegarth Road and Prospect Plains Road, within minutes of convenient New Jersey Turnpike access.

DEMOGRAPHICS

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 Mile
3 Mile
5 Mile
15 min drive
2024 Population
4,593
32,761
91,581
175,210
2029 Population
4,457
32,468
91,193
174,436
2024-2029 Projected Population Growth
-3.0%
-0.9%
-0.4%
-0.4%
Median Age
72.8
59.7
47.4
44.9
College Degree + Higher
36%
48%
52%
32%
Daytime Employees
5,030
24,620
38,368
67,665
Total Businesses
337
1,930
3,315
6,953
Average Household Income
$83,457
$122,978
$136,441
$141,887
Median Household Income
$61,134
$87,920
$109,484
$115,416
Total Consumer Spending
$75.8M
$529.2M
$1.4B
$2.6B
2024 Households
2,768
14,848
36,117
65,784
Average Home Value
$295,107
$434,232
$478,642
$500,682

Nearby Major Retailers

Bubbakoo's Burritos
Santander
Chase Bank
PNC Bank
TD Bank

Leasing Agent

Leasing Agent

(609) 313-4869
Contact
Robert Levinson, Owner
(609) 313-4869
Contact
Robert Levinson specializes in commercial property development and management in Monroe Township, New Jersey.
  • Listing ID: 26612177

  • Date on Market: 6/17/2022

  • Last Updated:

  • Address: 337 Applegarth Rd, Monroe Township, NJ 08831

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