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2299 Fries Ml RdMonroe, NJ 08094

High-traffic location, flexible lots for retail development.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 23.9-acre parcel presents a unique opportunity for retail development in Monroe, New Jersey. Strategically located on the southwest corner of Route 322 and Fries Mill Road, this property boasts high visibility and accessibility. The site is divisible into lots ranging from one to seven acres, offering flexibility for various retail concepts. Currently vacant, this land is ideal for ground lease or purchase options. New intersection improvements are underway, further enhancing accessibility and visibility. The property's designation as a "Need of Redevelopment" area opens the door to potential tax abatements, making this an even more attractive investment. The site's significant advantage is its proximity to substantial new residential developments, ensuring a strong and growing customer base. With lot sizes ranging from one to seven acres, and a total acreage of approximately 23.9 acres, this property offers a compelling opportunity for developers seeking a prime location in a thriving market. The flexible lot sizes allow for a variety of development scenarios, from single-tenant buildings to multi-tenant shopping centers. The potential for tax abatements further enhances the financial attractiveness of this development opportunity. This is a rare chance to secure a prominent retail location in a rapidly growing area of Gloucester County.

Highlights

  • Retail property in Monroe, NJ, consisting of 23.9 acres, divisible into 1-7 acre lots.
  • Located on the southwest corner of Route 322 and Fries Mill Road (2299 Fries Mill Rd, 08094).
  • Suitable for retail development; new intersection improvements underway.
  • Designated as a Need of Redevelopment area, offering potential tax abatements.
  • Lots available for purchase or ground lease.
  • Significant new residential development nearby.

Property Details for 2299 Fries Ml Rd

Property type
Lifestyle centers, Power centers
Square Feet
1,000 SF
Lot Size (sq. ft)
43,560 SF

Location Insight

City
Monroe
County
Gloucester
State
New Jersey
Latitude
39.694372030775
Longitude
-75.052304682883
2299 Fries Ml Rd, Monroe, New Jersey

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2299 Fries Ml Rd
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