Boutique Retail
17-17 W Front St, Keyport, NJ 07735
For Sale
Contact for pricing
Multiple suite sizes provide options for businesses seeking a compact commercial footprint.
Property Size15,120 SF
Price / SF$1.27
Days on Market9
Property Features for 17-17 W Front St
General Information
Standard status
Size
Taxes and HOA fees
Annual Taxes
Listing Agency:
VRI HOMES
(732) 264-9593
Listed By:
STEVEN CAPUTI · License #9033268
(732) 939-2435
Source:
Exprealty
Added: Nov 1
Changed: Nov 8
Last Checked: Nov 8 at 6:11PM
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 VRI HOMES
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Flairr Suites is a retail space offering individual units from 120 to 360 square feet. The property is presented for boutique retail, beauty and wellness businesses, creative studios, and specialty services. Units are scheduled to be ready January 1.
Key Highlights
- Individual suites range from 120 to 360 square feet
- Units scheduled to be ready January 1
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$215,812
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,316,240
$4.3M
Cap Rate 7%
$3,083,029
$3.1M
Cap Rate 9%
$2,397,911
$2.4M
Market Conditions
NOI Build-Up for 15,120 SF
Gross rent
$326.6K $21.60/SF
− Vacancy
−$18.3K −$1.21/SF
EGI
$308.3K $20.39/SF
− OpEx
−$92.5K −$6.12/SF
NOI
$215.8K $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%
$4,316,240
Cap Rate 7%
$3,083,029
Cap Rate 9%
$2,397,911
Alternative Uses
Best Use
Retail
$3.08M
$2.70M – $3.60M
NOI $215,812 @ 7.0% cap · market cap 1,124.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.95M
$3.45M – $4.61M
NOI $276,369 @ 7.0% cap · market cap 1,439.42%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
681
Businesses Nearby
Explore this area
Business Placement
Demographics for 07735, NJ
18,652
Population
8,411
Households
2.2
Avg Household Size
42
Median Age
33%
College-Educated
92%
High-School Grad
4.9 sq mi
ZIP Area
3,807
Density / Sq Mi
$98,760
Median Household Income
$57,988
Median Earnings
$1,520
Median Rent
$384,700
Median Home Value
Market
Average Price Trend$/SF for Retail space in Monmouth County, NJ
Properties on Market for Retail space in Monmouth County
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - Multiple suite sizes provide options for businesses seeking a compact commercial footprint.
Where is this retail space located?
The property is located at 17-17 W Front St Keyport, NJ.
What are key features of this property?
This property features: Individual suites range from 120 to 360 square feet; Units scheduled to be ready January 1
