The assignment to market the property for sale has gone to Rockwood Realty Associates LLC, based in New York. The shopping center, which is situated on Route 34, is anchored by a 63,000-sf ShopRite supermarket, and includes a dozen in-line tenant spaces. The property is currently just under 97% leased, according to Rockwood officials.
Wall Towne Center's market area in Monmouth County has proximity to the Jersey Shore. According to Rockwood officials, the average household income within a three-mile radius is more than $87,000 and the number of households within a one-mile radius grew at an average of 4.4% per year over the past decade.
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