Montgomery Promenade Building

Page 1

BUILDING

Montgomery Township is located in the heart of Somerset County, NJ. With a population of over 22,000, Montgomery Township

P1 - 8,000 Square Feet

P2 - 1,600 Square Feet

P3 - 2,150 Square Feet

THE PROJECT

Montgomery Promenade is a 300,000 square foot regional shopping/entertainment development located in the heart of the true “Princeton” demographic, which is widely recognized to be among the wealthiest and most educated regions in the nation. While this trade area is signicant, with almost 200,000 people, it is vastly underserved in almost every facet of shopping, dining and entertainment experiences. Montgomery Promenade is intended to satisfy these needs and is close enough to Princeton University and convenient enough to the regions to the south to attract a customer that would otherwise prefer to avoid the perils of Route 1. Most important, Montgomery Promenade will easily accommodate the needs of customers to the north, west and east, which are equally as wealthy and underserved but completely out of reach of Route 1. The convenience of this regional shopping and entertainment destination is unmatched as Montgomery Promenade is strategically positioned at the intersection of the region’s prominent corridors Route 206 (north/south) and Route 518 (east/west). While designed for this stronger regional draw, the shopping center also features many softer “Town Center” elements that include a Main Street boulevard that traverses through the center of the project with wider sidewalks, patio areas, bike paths, parks and an attractive streetscape. These details provide a pleasant, pedestrian friendly experience and a community focal point that appeals to a more affluent customer.

LEASING CONTACT:

John-david W. Franklin I CRX CLX I john-davidw.franklin@madisonmarquette.com I 215.399.5606

Marcia Minton I marcia.minton@madisonmarquette.com I 215.399.5607

PROJECT MANAGEMENT:

John Muly I john.muly@madisonmarquette.com I 732.481.2096

Steve Lidster I steven.lidster@madisonmarquette.com I 732.897.6512

madisonmarquette.com

3,200 sf 7,980 sf PROPOSED 17,000 sf PROPOSED 3,875 sf 5,000 sf PROPOSED 10,400 sf PROPOSED 2,500 sf 3,500 sf PROPOSED 2,500 sf 2,000 sf 2,000 sf 2,500 sf 2,250 sf 910 sf 2,680 sf 1,280 sf 1,260 sf 1,260 sf 3,580 sf 2,700 sf 1,240 sf 2,250 sf 1,710 sf PROPOSED 1,160 sf 7,100 sf 9,000 sf 5,000 sf 12,000 sf PROPOSED 9,300 sf 4,300 sf DRIVE THRU 1,800 sf 2,000 sf 2,880 sf 7,050 sf 1,440 sf PROPOSED 1,660 sf 1,634 sf 1,900 sf 2,480 sf 2,250 sf 3,000 sf PROPOSED 6,000 sf 2,150 sf 1,600 sf 8,000 sf 63,335 sf 2,000 sf 1,700 sf 4,000 sf 1,500 sf 2,780 sf 4,000 sf PROPOSED Asbury Park Richwood PHILADELPHIA NEW YORK CITY 1200 Route 206 Montgomery Township, NJ 08540 www.montgomerypromenade.com
P - Located across from Green Space

RETAIL AREA

TOTAL ANNUAL CONSUMER EXPENDATURE STATISTICS (10 Mile Radius)

TOTAL RETAIL EXPENDATURE $4.89B

TOTAL NON-RETAIL EXPENDATURE $6.0B

$388M GIFTS $321M

& BEVERAGE $1.5B

$624M

$ $ $ POPULATION POPULATION POPULATION HOUSEHOLDS HOUSEHOLDS HOUSEHOLDS AVG INCOME AVG INCOME AVG INCOME 18,051 84,610 202,921 6,858 30,590 73,792 $176,279 $178,063 $156,481 5 Minutes 10
15
Minutes
Minutes
FOOD
ENTERTAINMENT
APPAREL

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