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    Freestanding CVS Pharmacy Investment Opportunity
    Updated: May 12
    Freestanding CVS Pharmacy Investment Opportunity

    596 RIVER AVE, Lakewood, NJ 08701

    Contact for pricing
    14,838 sqft 1.51 AC lot
    Absolute NNN ground lease with zero landlord responsibilities, providing passive income.
    Corporate guarantee from CVS Pharmacy Inc.
    Approximately 11.5 years remaining on the current lease term, with rent through January 31, 2038, and eight 5‑year renewal options with 5% rental increases.
    Located directly across from Monmouth Medical Center Southern Campus, ensuring a consistent customer base.
    High‑visibility corner site with a drive‑thru.**
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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Lakewood, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Independent Pharmacy
    Independent Pharmacy

    11111 Broadway, Long Branch, NJ 07740

    $575,000
    5,360 sqft

    The business has operated continuously for over 20 years in Long Branch, New Jersey.

    View details
    Pharmacy Retail Business
    Pharmacy Retail Business

    1222 Avenue U, Brooklyn, NY 11229

    $480,000
    1,000 sqft 0.05 AC lot

    Operating pharmacy business with inventory included and a five-year remaining lease term.

    View details
    Established Dry Cleaning Business For Sale
    Established Dry Cleaning Business For Sale

    1425 Coney Island Avenue, Brooklyn, NY 11230

    Contact for pricing
    202,480 sqft 4.65 AC lot

    Turnkey dry cleaning business with loyal customer base in Brooklyn.

    View details
    Established Independent Pharmacy
    Established Independent Pharmacy

    11111 Broadway Road, Long Branch, NJ 07740

    $575,000
    5,360 sqft

    Longstanding pharmacy operation with central air, forced-air heating, open parking, and public water and sewer service.

    View details

    Lakewood, NJ Drug Stores Market Trends and Statistics

    Explore 1 drug stores for sale in Lakewood, NJ on our real estate platform. These investment opportunities span a total of 14,838 square feet of properties for sale.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Storefront properties 2
    Drug stores 1
    Shopping centers 1

    Demographics Overview

    Population 137K
    Population Growth (5Y) +35.8%
    Median Household Income $62,811
    College Educated 47.0%

    Taxes & Financing

    Tax Rate (average for all types) 2.30%
    Property Tax per SF $20.33 per SF
    Tax Rate vs County Average 0.18 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Ocean County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Ocean County

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    Residential Income

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