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Pet Specialty Retail Store with Lease
For Sale
$750,000

15 Morris Ave, Long Branch, NJ 07740

Pet specialty storefront on Morris Avenue offering treats, gifts, accessories, and branded merchandise with a long-term lease in place.

Property Size1,743 SF
Price / SF$430.29
Days on Market95

Property Features for 15 Morris Ave

General Information

Standard status Active
Size 1,743 SF
Property subtype Business Opportunity

Additional Details

Business Included Yes
Listing Agency: RE/MAX INNOVATION
Listed By: AMANDA MANCINI · License #2081149
Source: Mynewjerseyrealestate
Added: Jul 15 Changed: Oct 3 Last Checked: Oct 16 at 11:15AM

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 RE/MAX INNOVATION

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Investment Insights

Based on property information with market context.

Doggie Sweets is a well-established pet specialty retail business for sale, operating from a dedicated storefront at 15 Morris Avenue, Long Branch, NJ. The sale includes existing inventory, trade fixtures, build-out, branding, and operational systems, along with the Doggie Sweets® brand name and trademark. The business also operates an online store via www.DoggieSweets.com.

The opportunity is positioned in a year-round coastal destination and is described as benefiting from excellent visibility, consistent foot traffic, and a walkable mix of complementary retail and dining.

A long-term lease is in place to provide continuity for a new owner, subject to buyer due diligence and implementation of the agreed structure. Confidential sale; financials are available upon execution of an NDA.

Key Highlights

  • Well‑established pet specialty retail business for sale: Doggie Sweets
  • Storefront sells premium dog treats, gifts, accessories, and branded merchandise
  • Includes the Doggie Sweets® brand name and trademark for continued operation under an established concept

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$24,878
Cap Rate
3.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$497,560 $497.6K
Cap Rate 7%
$355,400 $355.4K
Cap Rate 9%
$276,422 $276.4K
Market Conditions
NOI Build-Up for 1,743 SF
Gross rent
$37.6K $21.60/SF
− Vacancy
−$2.1K −$1.21/SF
EGI
$35.5K $20.39/SF
− OpEx
−$10.7K −$6.12/SF
NOI
$24.9K $14.27/SF
Area
Monmouth County, NJ
Vacancy
5.60%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$497,560
Cap Rate 7%
$355,400
Cap Rate 9%
$276,422

Alternative Uses

Best Use
Retail
$355.4K
$311.0K – $414.6K (±1% cap)
NOI $24,878 @ 7.0% cap · market cap 3.32%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$455.1K
$398.2K – $531.0K (±1% cap)
NOI $31,859 @ 7.0% cap · market cap 4.25%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Daycare Center (Bike/Boat/Book/etc) Store Veterinary Clinic Storage Facility Barber Shop

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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,189
Businesses Nearby
15k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 84% Shops & Services 16%
Dunkin' Donuts Dining
6,067 visits/mo 0.5 miles
Turning Point Dining
5,229 visits/mo 0.1 miles
7-Eleven Shops & Services
2,477 visits/mo 0.1 miles
Rocky Mountain Chocolate Factory Dining
786 visits/mo 0.1 miles
Hummus Republic Dining
622 visits/mo 0.1 miles

Demographics for 07740, NJ

31,905
Population
15,208
Households
2.1
Avg Household Size
38
Median Age
35%
College-Educated
84%
High-School Grad
5.3 sq mi
ZIP Area
6,020
Density / Sq Mi
$73,806
Median Household Income
$38,614
Median Earnings
$1,744
Median Rent
$521,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Similar Off Market Nearby

  • Besos dulces flowers & gifts — 192 Belmont Ave a1, Long Branch, NJ 07740
  • Rosita`s Flower Shop — 210 Broadway, Long Branch, NJ 07740

Frequently Asked Questions

What type of property is this?
Storefront property - Pet specialty storefront on Morris Avenue offering treats, gifts, accessories, and branded merchandise with a long-term lease in place.
Where is this storefront property located?
The property is located at 15 Morris Ave Long Branch, NJ.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Well‑established pet specialty retail business for sale: Doggie Sweets; Storefront sells premium dog treats, gifts, accessories, and branded merchandise; Includes the Doggie Sweets® brand name and trademark for continued operation under an established concept
More about this property
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