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1301-1321 Memorial Drive #1307-1309, Asbury Park, NJ 07712

The existing interior has exam rooms, a treatment area, private offices, and dedicated support areas.

Space SizeContact for details
Days on Market7

Property Features for 1301-1321 Memorial Drive #1307-1309

General Information

Standard status Active
Property subtype Commercial

Amenities

Central air
Display Window
Central Air Cooling
Forced Air Heating
In Alley
On Street
Tile Flooring
Vinyl Flooring
Listing Agency: SIGMAN REALTY
Listed By: MATTHEW H SIGMAN
Source: Corcoran
Added: Sep 30 Changed: Oct 6 Last Checked: Oct 5 at 6:52PM

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 SIGMAN REALTY

Investment Insights

Based on property information with market context.

At Sunset Point, this ground-level retail/service offering totals approximately 2,953 SF in its current configuration. Suites 1307 and 1309 may be leased together or separately as approximately 794 SF and 2,160 SF, respectively. Each suite has a storefront entrance and a rear door. The existing layout 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 areas, and two restrooms, one with a shower.

The center is at 1301-1321 Memorial Drive in Asbury Park, with approximately 300 FT of frontage on the drive. On-site parking accommodates 36 vehicles, with 25 street spaces directly in front. Neighborhood service and food businesses anchor the center. Availability is scheduled for January 1, 2027.

Key Highlights

  • Approximately 2,953 SF in the combined configuration
  • Can be divided into Suite 1309 (approximately 2,160 SF) and Suite 1307 (approximately 794 SF)
  • Existing layout includes exam and X‑ray rooms, surgical space, kennels and runs, offices, and two restrooms

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

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
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Market

Lease Benchmarks for Asbury Park, NJ

$29.16 /SF/Yr
Avg Asking Price
$25–$32 /SF/Yr
Price Range
3,027 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 - The existing interior has exam rooms, a treatment area, private offices, and dedicated support areas.
Where is this retail space located?
The property is located at 1301-1321 Memorial Drive #1307-1309 Asbury Park, NJ.
What are key features of this property?
This property features: Approximately 2,953 SF in the combined configuration; Can be divided into Suite 1309 (approximately 2,160 SF) and Suite 1307 (approximately 794 SF); Existing layout includes exam and X‑ray rooms, surgical space, kennels and runs, offices, and two restrooms
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