|APPLEGARTH PROFESSIONAL & TOWNE CENTERS, MONROE, NJ|
Monroe Township commercial property leaseOverview
Monroe Township was founded in 1838 and named in honor of the President of the United States James Monroe. Originally known as a farming community, over the past two decades this label has changed as this region of New Jersey has become an industry leader attracting Fortune 500 business due large in part to its central location and proximity to the New Jersey Turnpike (both Exits 8 and 8-A).
As a result of this influx of commerce, the residential market has also exploded into a prosperous upscale community and has become the most active town in New Jersey for residential development with almost 10,000 new homes either under construction or approved for development.
This new wealth and disposable income has created new requirements for shopping, dining, healthcare and other related services. Applegarth Professional center, Monroe's newest mixed use development was designed to fulfill such needs. At almost 130,000 total square feet spread out over 19 acres at the intersection of Applegarth Road and Cranbury-Half Acre Road, this community shopping center/ medical complex has answered the call of the community.
Part of a village setting in a park-like environment, this project features 100,000 square feet of Class A medical space with CentraState Hospital providing a state of the art, three-story facility complete with a surgi center, general practitioners and virtually every specialist in the medical field. The project will also feature a complete Dialysis Clinic and a proposed Imaging facility. Essentially, this medical campus is designed to meet all of the community's medical needs.
Supporting this medical campus is a brand new CVS Pharmacy, Yardville National Bank, two family- style restaurants and 10,000 square feet of service oriented retail and dining establishments. This combination of retail, bank and restaurants will support virtually all of the community's convenience-oriented needs and will also feature a much needed park & ride lot for the local commuters in the area.
Download Package PDF
Leasing Plan (Click to enlarge)