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Storefront Retail Suite
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25 Broad Street #5, Freehold, NJ 07728

A display window, private bathroom, and parking directly outside support a convenient customer-facing layout.

Property Size860 SF
Price / SF$2.71
Days on Market76

Property Features for 25 Broad Street #5

General Information

Standard status Active
Size 860 SF
Property subtype Retail

Amenities

display window
private bath
strong daily-needs co-tenancy
Listing Agency: C21 Thomson & Co.
Listed By: Michael Fabozzi · License #1648315
Source: Defelicerealtygroup
Added: Aug 19 Changed: Oct 31 Last Checked: Oct 31 at 2:28PM

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 C21 Thomson & Co.

Rey
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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.

Suite 5 at Boro Plaza is an 860-square-foot storefront on Broad Street in downtown Freehold. The space has a display window and a private bathroom, with parking at the door.

The property is a short distance from county buildings and mass transit, and is situated in a high-traffic area. Daily-needs co-tenants are part of the plaza. The suite is available now.

Key Highlights

  • 860 SF built‑out storefront in Suite 5 at Boro Plaza
  • Display window and private bathroom
  • Parking at the door

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$12,275
Suggested Prices Based on Cap Rates
Cap Rate 5%
$245,500 $245.5K
Cap Rate 7%
$175,357 $175.4K
Cap Rate 9%
$136,389 $136.4K
Market Conditions
NOI Build-Up for 860 SF
Gross rent
$18.6K $21.60/SF
− Vacancy
−$1.0K −$1.21/SF
EGI
$17.5K $20.39/SF
− OpEx
−$5.3K −$6.12/SF
NOI
$12.3K $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%
$245,500
Cap Rate 7%
$175,357
Cap Rate 9%
$136,389

Alternative Uses

Best Use
Retail
$175.4K
$153.4K – $204.6K (±1% cap)
NOI $12,275 @ 7.0% cap · market cap 526.82%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$224.6K
$196.5K – $262.0K (±1% cap)
NOI $15,719 @ 7.0% cap · market cap 674.64%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Electrical Service Parking Lot & Garage Catering Service Pet Grooming Service Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,417
Businesses Nearby
21k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
BP Shops & Services
9,209 visits/mo 0.3 miles
Wells Fargo Shops & Services
6,928 visits/mo 0.1 miles
7-Eleven Shops & Services
4,834 visits/mo 0.3 miles
Carstar Shops & Services
211 visits/mo 0.2 miles

Demographics for 07728, NJ

56,444
Population
21,150
Households
2.7
Avg Household Size
43
Median Age
46%
College-Educated
92%
High-School Grad
49.6 sq mi
ZIP Area
1,138
Density / Sq Mi
$107,042
Median Household Income
$56,824
Median Earnings
$1,941
Median Rent
$490,000
Median Home Value

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

Frequently Asked Questions

What type of property is this?
Retail space - A display window, private bathroom, and parking directly outside support a convenient customer-facing layout.
Where is this retail space located?
The property is located at 25 Broad Street #5 Freehold, NJ.
What are key features of this property?
This property features: 860 SF built‑out storefront in Suite 5 at Boro Plaza; Display window and private bathroom; Parking at the door
Research This Page with AI

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Includes: Price & PSF · Cap rate · Location · Zoning

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