Fully leased howell retail plaza with national tenants listed for $13. 3 million

Fully leased Howell retail plaza with national tenants listed for $13.3 million

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1 min read
January 17, 2026

HOWELL, NJ – A newly constructed retail plaza on Route 9 in Howell has hit the market with a $13.3 million asking price, offering investors a fully leased shopping center anchored by national credit tenants.

The 23,534-square-foot property, located at 4251 U.S. Highway 9, sits within Howell’s busy retail corridor and carries a 5.78 percent capitalization rate. According to marketing materials, the three-tenant net lease center is fully occupied, with staggered lease expirations extending through 2042.

Among the tenants is a QuickChek convenience store that ranks in the 92nd percentile for visits nationwide and the 93rd percentile among New Jersey locations. A CVS Pharmacy also anchors the site, performing in the top 72 percent for sales and 66 percent for visits across the chain’s national portfolio.

The plaza is strategically positioned at a signalized intersection providing access from both directions of Route 9, which carries an estimated 53,000 vehicles daily. The surrounding area includes a population of more than 51,000 residents within a three-mile radius, and an average household income exceeding $150,000 within one mile.

Real estate brokers describe the property as a “core long-term investment” offering stable income from established national tenants in one of Monmouth County’s most active retail corridors.

A fully leased Howell retail plaza anchored by CVS and QuickChek is on the market for $13.3 million along Route 9.

Phil Stilton

Phil Stilton is the Editor and Publisher of Shore News Network, an independent digital newsroom providing original reporting on New Jersey, national news, government, public policy, public safety, courts, and community affairs.

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