High-Visibility Retail
934 Highway 36, Leonardo, NJ 07737
COMMERCIAL - Leonardo, NJ
Property size:
2,106 SFLot size:
0.34 AcresPrice / SF:
$284/SF- Added:
- May 29, 2026
- Days on Market:
- 30
- Last Refresh:
- Jun 27 at 2:06 pm
Property Features for 934 Highway 36
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking
- 13
- Parking features
- Parking Lot
- Exterior features
- Outdoor Shower
- Standard status
- Active
- APN
- 32-00436-0000-00003
- Size
- 2,106 SF
- Lot size
- 0.34 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 8088
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Baseboard
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1968
- Floors in Building
- 2
- Flooring type
- Vinyl, Wood
Listing agent Cristina Gormley (732) 671-1000
Listing office Coldwell Banker Realty 864 Highway 35, Spring Lake, NJ (732) 671-1000
Listing date May 29, 2026
MLS# 22616025
Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Approximately 2,200 SF commercial space on busy Route 36 in Leonardo, NJ
- High‑traffic Route 36 location with signage potential and strong day‑to‑day exposure
- Flexible floor plan that can be customized to fit a variety of business uses
- Ample on‑site parking with parking lot parking; convenient access to nearby Monmouth County communities
- Owner willing to make reasonable improvements and adjustments for qualified buyers/tenants
- Utilities include public water and public sewer; central air plus baseboard and forced‑air heating
Overview
This high-visibility commercial storefront offers approximately 2,200 SF of retail space with a flexible floor plan designed to accommodate a variety of business needs. The site is positioned for strong exposure, with excellent visibility and signage potential. The owner is willing to consider reasonable improvements and modifications to support qualified buyers and tenants, helping tailor the space to operational requirements.
Located at 934 Highway 36 in Leonardo, NJ, the property benefits from convenient access to nearby Monmouth County communities, including Middletown, Atlantic Highlands, and Highlands. Ample on-site parking supports customer and employee access, making the location practical for everyday retail operations.
For buyers and tenants seeking a storefront with prominent Route 36 presence, this space provides a versatile setup and the ability to customize the layout. Whether you are establishing a business or expanding an existing operation, the combination of visibility, parking, and owner-supported adjustments can help align the property with a range of retail and service-oriented uses. The asset is also listed as available for lease, with details available by request.
Located at 934 Highway 36 in Leonardo, NJ, the property benefits from convenient access to nearby Monmouth County communities, including Middletown, Atlantic Highlands, and Highlands. Ample on-site parking supports customer and employee access, making the location practical for everyday retail operations.
For buyers and tenants seeking a storefront with prominent Route 36 presence, this space provides a versatile setup and the ability to customize the layout. Whether you are establishing a business or expanding an existing operation, the combination of visibility, parking, and owner-supported adjustments can help align the property with a range of retail and service-oriented uses. The asset is also listed as available for lease, with details available by request.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $63.2k | $30.00 |
| − Vacancy | −$20.2k | −$9.60 |
| EGI | $43.0k | $20.40 |
| − OpEx | −$10.7k | −$5.10 |
| NOI | $32.2k | $15.30 |
2,106 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$460.3K
$402.8K – $537.0K
NOI $32,222 @ 7.0% cap · market cap 5.38%
Second Best
Retail
$429.4K
$375.8K – $501.0K
NOI $30,060 @ 7.0% cap · market cap 5.02%
Theoretical Best
Office A
$549.9K
$481.2K – $641.6K
NOI $38,494 @ 7.0% cap · market cap 6.43%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
Map
- City
- Leonardo
- County
- Monmouth
- State
- New Jersey
- Longitude
- -74.052036
- Latitude
- 40.413013
FAQs
What type of property is this?
Retail space - High-visibility retail space on busy Route 36 with ample parking and a flexible floor plan for varied uses.
Where is this retail space located?
The property is located at 934 Highway 36 Leonardo, NJ.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Approximately 2,200 SF commercial space on busy Route 36 in Leonardo, NJ; High‑traffic Route 36 location with signage potential and strong day‑to‑day exposure; Flexible floor plan that can be customized to fit a variety of business uses
