Five-Tenant Strip
For Sale
$1,190,000
22 LEWIS ST #5 5, Eatontown, NJ 07724
Multi-tenant retail property with established occupancy and a mix of food, personal-service, and studio businesses.
Property SizeContact for details
Days on Market41
Property Features for 22 LEWIS ST #5 5
General Information
Standard status
Active
Listing Agency:
PK PROPERTY INC.
(215) 635-5100
Listed By:
Peter Han · License #RM422904
Source:
Sandrasellstheshore
Added: Jul 20
Changed: Aug 28
Last Checked: Aug 25 at 9:56AM
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 PK PROPERTY INC.
Investment Insights
Based on property information with market context.
Located at 22 Lewis St #5 in Eatontown, New Jersey, this strip center contains five commercial tenant spaces serving a range of neighborhood-oriented uses. Occupants include a pizza restaurant, electronic smoke and accessory retailer, hair salon, dry cleaner drop shop, and dance studio. The pizza restaurant space is being redecorated, while the dry cleaner operates without on-site machinery and sends clothing to a larger facility.
Lease terms vary across the tenancy. The pizza restaurant recently executed a 10-year lease, and the electronic smoke retailer signed a 15-year lease within the past several months. The hair salon has been in place for an extended period on a month-to-month arrangement, while the dry cleaner has a remaining lease term with a stated renewal structure. Shared parking is available through a Township-owned municipal lot with capacity for 50 cars. The lot is open for general use, and the Township handles cleaning, snow removal, real estate taxes, and insurance for the parking area.
Lease terms vary across the tenancy. The pizza restaurant recently executed a 10-year lease, and the electronic smoke retailer signed a 15-year lease within the past several months. The hair salon has been in place for an extended period on a month-to-month arrangement, while the dry cleaner has a remaining lease term with a stated renewal structure. Shared parking is available through a Township-owned municipal lot with capacity for 50 cars. The lot is open for general use, and the Township handles cleaning, snow removal, real estate taxes, and insurance for the parking area.
Key Highlights
- Five commercial tenant spaces with food, retail, personal‑service, and studio uses
- Pizza restaurant signed a 10‑year lease within 6 months ago
- Electronic smoke and accessory retailer signed a 15‑year lease 4 months ago
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
190
Businesses Nearby
Explore this area
Business Placement
Demographics for 07724, NJ
23,494
Population
10,424
Households
2.3
Avg Household Size
44
Median Age
45%
College-Educated
92%
High-School Grad
12.1 sq mi
ZIP Area
1,942
Density / Sq Mi
$99,170
Median Household Income
$53,234
Median Earnings
$1,640
Median Rent
$487,300
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Strip mall - Multi-tenant retail property with established occupancy and a mix of food, personal-service, and studio businesses.
Where is this strip mall located?
The property is located at 22 LEWIS ST #5 5 Eatontown, NJ.
What is the asking price?
The asking price for this property is $1,190,000.
What are key features of this property?
This property features: Five commercial tenant spaces with food, retail, personal‑service, and studio uses; Pizza restaurant signed a 10‑year lease within 6 months ago; Electronic smoke and accessory retailer signed a 15‑year lease 4 months ago
