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Net-Leased CVS Property For Sale
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1200 NJ-35, Middletown, NJ 07748

Net-leased CVS in Middletown, NJ with 19 years remaining.

Property Size13,567 SF
Lot Size1.90 Acres
Price / SF$803.42
Days on Market289

Property Features for 1200 NJ-35

General Information

Standard status Active
Size 13,567 SF
Lot size 1.90 Acres
Property subtype Retail
Occupancy 100%
Lease Type NN
Investment Type Net Lease
Net Operating Income $588,825

Building Details

Tenancy Single
Listing Agency: Boston Real Estate Advisors
Listed By: Craig A. Barker · License #FL 3493963
Source: Crexi
Added: Oct 28, 2025 Changed: Aug 10 Last Checked: Aug 11 at 5:37AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Boston Real Estate Advisors

Investment Insights

Based on property information with market context.

This net-leased CVS property is located at 1200 Highway 35 South in Middletown, New Jersey. Situated on a highly visible 1.9-acre corner parcel at the intersection of Route 35 and New Monmouth Road, the property benefits from its location in a strong retail area within Middletown, which is part of the New York Metropolitan area in northern New Jersey. The property has 19 years remaining on the initial 25-year lease term, with eight, five-year renewal options available. Each option period includes a 10% rent increase at the start of the period. The property size is 13,567 square feet.

Key Highlights

  • Net‑leased CVS property with 19 years remaining on the initial lease term.
  • Located on a highly visible, 1.9‑acre corner parcel at the intersection of Route 35 and New Monmouth Road.
  • Located in a strong retail area within Middletown, New Jersey.

Property Analytics

Current Use

Drug stores

Location Intelligence

Trade Area within ½ mile

621
Businesses Nearby
321k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Groceries 37% Dining 29% Shops & Services 25% Home Improvements & Furnishings 5%
ShopRite Groceries
71,752 visits/mo 0.5 miles
Trader Joe's Groceries
34,682 visits/mo 0.4 miles
Wawa Shops & Services
31,517 visits/mo 0.3 miles
Wendy's Dining
23,099 visits/mo 0.4 miles
Starbucks Dining
20,061 visits/mo 0.5 miles

Demographics for 07748, NJ

28,169
Population
10,446
Households
2.7
Avg Household Size
43
Median Age
52%
College-Educated
96%
High-School Grad
13.0 sq mi
ZIP Area
2,167
Density / Sq Mi
$152,488
Median Household Income
$72,287
Median Earnings
$1,483
Median Rent
$568,000
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Similar Off Market Nearby

  • CVS 1200 NJ-35, Middletown Township, NJ 07748
  • CVS Pharmacy 1200 NJ-35, Middletown Township, NJ 07748
  • Stop & Shop Pharmacy 850 NJ-35, Middletown Township, NJ 07748
  • Danielle Fitzgerald 850 NJ-35, Middletown Township, NJ 077484203
  • Tarjani Desai 850 NJ-35, Middletown Township, NJ 07748

Frequently Asked Questions

What type of property is this?
Drug store - Net-leased CVS in Middletown, NJ with 19 years remaining.
Where is this drug store located?
The property is located at 1200 NJ-35 Middletown, NJ.
What is the asking price?
The asking price for this property is $10,900,000.
What are key features of this property?
This property features: Net‑leased CVS property with 19 years remaining on the initial lease term.; Located on a highly visible, 1.9‑acre corner parcel at the intersection of Route 35 and New Monmouth Road.; Located in a strong retail area within Middletown, New Jersey.
More about this property
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