26,942 SF Retail/Industrial - Middlesex County, NJ
Market Price
9 Maple Avenue, South Brunswick Township, NJ 08852
26,942 sqft
Building Size
1.62 acres
Lot Area
Details:
Highlights:
- Diverse Tenant Mix- Includes retail, industrial, and medical/office tenants, providing income stability and flexibility
- Strategic Location- Easy access to US Route 1 and just over one mile from South Brunswick High School, which serves over 2,900 students and faculty
- Strong Demographics- Average household income exceeds $168,000 within a one-mile radius, supporting long-term tenant demand
- Value-Add Potential- Currently 76% occupied with five vacant units and multiple below-market leases, offering upside through lease-up and rent adjustments
- Additional Parking- Includes 56 on-site parking spaces plus an additional lot across Maple Avenue, enhancing convenience for tenants and customers
- Zoning Advantage- C-1 neighborhood commercial zoning allows for a wide range of uses and future redevelopment potential
Description:
Ri Marketplace Online Auction December 8th-10th, 2025
Register to bid on Marketplace:
https://rimarketplace.com/auction/2838/26-942-sf-retail-industrial-middlesex-county-nj?utm_source=brevitas&utm_medium=listing&utm_campaign=external&utm_content=retail_2838
Marcus & Millichap is pleased to present the opportunity to acquire Old English Square Shopping Center, a 26,942-square-foot mixed-use property located in South Brunswick, Middlesex County, New Jersey. Situated on a 1.62-acre parcel, the center offers a compelling low-basis investment with significant value-add potential. Currently 76% occupied, the property features 14 tenants across retail, industrial, and medical/office spaces, with five vacant units offering upside through lease-up and rent optimization. Many existing leases are below market, presenting an opportunity to increase income through strategic repositioning. The site includes 56 parking spaces and benefits from an additional parking lot located across Maple Avenue. Zoned C-1 for neighborhood commercial use, the property enjoys easy access to US Route 1 and is located just over one mile from South Brunswick High School, which serves more than 2,900 students and faculty. The surrounding area boasts strong income demographics, with an average household income exceeding $168,000 within a one-mile radius, supporting long-term tenant demand and retail performance.
Peter Costanzo
c/o Fisher Auction Company, Inc.
License: BK No. 8910502
The platform fee for this transaction is the greater of 5.00% or a minimum of $25,000.
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Location
Gallery