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Retail Space with Exam Rooms
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For Lease
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1301-1321 Memorial Drive, Asbury Park, NJ 07712

Commercial Lease, Asbury Park, NJ

Space Size794 SF - 2,953 SF
Days on Market5

Property Features for 1301-1321 Memorial Drive

General Information

Property type Commercial Lease
Property subtype Retail
Zoning description Retail, Professional, Multi-Use, Mixed, Commercial, Central Business
Rooms Basement
Parking 40
Parking features Parking Lot, On Street, Alley
Security features Security System
Exterior features Display Window, Lighting
Directions Located on Memorial Drive between 5th and Sunset Avenues. Across from the train tracks in North West Asbury Park.
Subdivision NW Asbury Pk
Standard status Active
APN _

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air
Water source Public

Amenities

reception/waiting area
exam rooms
open treatment area
surgical and X-ray rooms
kennels and runs
private offices
staff breakroom
laundry/utility space
two restrooms (one with a shower)

Building Details

Floors in Building 1
Flooring type Tile, Vinyl
Building materials Stone, Block, Brick, Concrete, Stucco
Listing Agency: Sigman Realty
Listed By: Matthew H Sigman
Added: Sep 29 Changed: Oct 2 Last Checked: Oct 3 at 2:06AM
MLS# 22630687

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.

Investment Insights

Based on property information with market context.

At Sunset Point, the ground-floor retail/service space totals approximately 2,953 SF and is currently configured as two combined suites. It may be leased as one space or divided into Suite 1309 at approximately 2,160 SF and Suite 1307 at approximately 794 SF. Each suite has a storefront entrance and a rear door. The existing interior includes a reception and waiting area, exam rooms, an open treatment area, surgical and X-ray rooms, kennels and runs, private offices, a staff breakroom, laundry and utility space, and two restrooms, one with a shower.

The center has approximately 300 feet of frontage on Memorial Drive, 36 on-site parking spaces, and 25 street spaces directly in front. Neighborhood service and food tenants anchor the center. The space is available January 1, 2027.

Key Highlights

  • Approximately 2,953 SF of ground‑floor retail/service space
  • Can be leased whole or divided into Suite 1309 (approximately 2,160 SF) and Suite 1307 (approximately 794 SF)
  • Each suite has its own storefront entrance and rear door

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Dental Office Butcher Auto Parts Store Nursing Home Computer & Electronic Repair (Bike/Boat/Book/etc) Store

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

Multi-tenant
Tenancy
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,000
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Asbury Park, NJ

$27.41 /SF/Yr
Avg Asking Price
$14.69–$32 /SF/Yr
Price Range
2,664 SF
Avg Space Size

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Ground-floor suites can be leased together or separately, with storefront and rear entrances for each available suite.
Where is this retail space located?
The property is located at 1301-1321 Memorial Drive Asbury Park, NJ.
What are key features of this property?
This property features: Approximately 2,953 SF of ground‑floor retail/service space; Can be leased whole or divided into Suite 1309 (approximately 2,160 SF) and Suite 1307 (approximately 794 SF); Each suite has its own storefront entrance and rear door
More about this property
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