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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
| 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
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 | Gross Leasable Area | 49,658 SF |
| Parking | 184 Spaces | Total Land Area | 4.95 AC |
| Center Properties | 2 | Year Built | 1990 |
| 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
Leasing Agent
Leasing Agent
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Robert Levinson - Applegarth Road LLC
Presented by
Applegarth Road LLC
Monroe Town Center | 337 Applegarth Rd
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