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Prime Retail/Office Space Available
For Lease
$3,000/Mo

607 Lake Avenue, Asbury Park, NJ 07712

First floor retail/office space with great visibility on Lake Avenue.

Space Size2,450 SF
Days on Market188

Property Features for 607 Lake Avenue

General Information

Standard status Active
Size 2,450 SF
Property subtype Retail/Office
Lease Term Gross

Building Details

Building Size 1 SF

Spaces For Lease

at 607 Lake Avenue Contact us

2,450 first floor $3,000/Mo

Size
2,450 SF
Term
Negotiable
Contact us
Listing Agency: Sitar Realty Company - Corporate
Listed By: Douglas Sitar
Source: Sitarcompany
Added: Feb 25 Changed: Aug 31 Last Checked: Aug 31 at 2:25PM

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 Sitar Realty Company - Corporate

Investment Insights

Based on property information with market context.

Approximately 2,450 rentable square feet of retail or office space is available for lease on the first floor. The property is located on Lake Avenue and offers access to Cookman Avenue via a courtyard. It features street parking. The space is suitable for a retail establishment, art gallery, theater, or professional office. The tenant is responsible for covering the cost of utilities.

Key Highlights

  • Prime first floor retail/office space on Lake Avenue
  • ±2,450 RSF available for lease
  • Great visibility

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Daycare Center Parking Lot & Garage Computer & Electronic Repair Auto Parts Store Big Box & Wholesale Store Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

309
Businesses Nearby

Demographics for 07712, NJ

39,397
Population
19,321
Households
2
Avg Household Size
42
Median Age
49%
College-Educated
93%
High-School Grad
12.2 sq mi
ZIP Area
3,229
Density / Sq Mi
$95,691
Median Household Income
$51,924
Median Earnings
$1,496
Median Rent
$578,300
Median Home Value

Market

Lease Benchmarks for Asbury Park, NJ

$28.02 /SF/Yr
Avg Asking Price
$14.69–$32 /SF/Yr
Price Range
2,828 SF
Avg Space Size

This space is priced 48% below the average of $28.02 /SF/Yr.

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
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - First floor retail/office space with great visibility on Lake Avenue.
Where is this retail space located?
The property is located at 607 Lake Avenue Asbury Park, NJ.
What is the lease rate?
The lease rate is $3,000/Mo.
What are key features of this property?
This property features: Prime first floor retail/office space on Lake Avenue; ±2,450 RSF available for lease; Great visibility
More about this property
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