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    Waterfront Retail and Office Plaza Title is generated by Realmo AI

    2715 Hooper Avenue Unit 2715, Brick, NJ 08723

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    For Sale
    $834,000

    Visible waterfront shopping plaza with retail storefronts and second-floor office suites, supported by strong access and on-site parking.

    Type:General Commercial
    Property size:
    4,400 SF
    Price / SF:
    $189/SF
    Added:
    Dec 30, 2025
    Days on Market:
    188
    Last Refresh:
    Jun 24 at 7:11 am

    Property Features for 2715 Hooper Avenue Unit 2715

    General Information

    Standard status
    Active
    Size
    4,400 SF
    Property subtype
    General Commercial

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    Keller Williams Shore Properties

    Listing office

    Listing date Dec 30, 2025

    Source Xome

    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 Keller Williams Shore Properties

    HighLights

    • Highly visible waterfront shopping plaza in Brick, NJ with approx. 25,000 vehicles per day
    • Tenant space includes 7 retail storefronts plus 4 second‑floor office suites with scenic water views
    • Approx. 4,400 sq ft of total rentable space
    • Separate entrance and exit points with strong accessibility
    • Ample on‑site open parking
    • All current tenants on month‑to‑month leases for flexibility with rent increases, repositioning, or redevelopment

    Overview

    This waterfront shopping plaza features seven retail storefronts at street level and four second-floor office suites with water views. The property is configured with separate entrance and exit points, designed to support straightforward customer and tenant circulation. Ample on-site parking is available to support everyday visits and employee access. The total rentable space is approximately 4,400 square feet.

    Located on Hooper Avenue in Brick, NJ, the plaza benefits from strong visibility and an estimated traffic volume of approximately 25,000 vehicles per day. This level of exposure supports tenant branding and customer awareness, while the dedicated entry and exit points help streamline access for both visitors and service needs.

    For investors and owner-operators, the current tenant lineup is on month-to-month leases, allowing for flexibility in how rents are managed and how the property might be repositioned over time. The mix of ground-floor retail and second-floor office space can also support a broader range of tenant profiles under one ownership. Offered for sale, this center presents a consolidated, income-producing retail-and-office asset with waterfront character and practical on-site access.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $132.0k $30.00
    − Vacancy −$42.2k −$9.60
    EGI $89.8k $20.40
    − OpEx −$22.4k −$5.10
    NOI $67.3k $15.30
    4,400 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $961.7K
    $841.5K – $1.12M (±1% cap)
    NOI $67,320 @ 7.0% cap · market cap 8.07%
    Second Best
    Retail
    $897.2K
    $785.0K – $1.05M (±1% cap)
    NOI $62,802 @ 7.0% cap · market cap 7.53%
    Theoretical Best
    Office A
    $1.15M
    $1.01M – $1.34M (±1% cap)
    NOI $80,425 @ 7.0% cap · market cap 9.64%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

    Hotel & Motel Parking Lot & Garage Coworking & Hybrid Office Restaurant (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Restaurant Adult Day Care Clothing & Fashion Store Butcher

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Kennedy Mall — 5 Kennedy Mall, Brick Township, NJ 08723
    • Boulevard Square — 515 Brick Blvd, Brick Township, NJ 08723
    • Gnc Home Decor — 491 Brick Blvd, Brick Township, NJ 08723
    • Town Hall Shoppes — 990 Cedar Bridge Ave, Brick Township, NJ 08723
    • Riverwalk at Brick — 2770 Hooper Ave, Brick Township, NJ 08723

    Location Insight

    • Map
    • Local Demand
    City
    Brick
    County
    Ocean
    State
    New Jersey
    Longitude
    -74.1328183
    Latitude
    40.0540172

    FAQs

    What type of property is this?
    Shopping center - Visible waterfront shopping plaza with retail storefronts and second-floor office suites, supported by strong access and on-site parking.
    Where is this shopping center located?
    The property is located at 2715 Hooper Avenue Unit 2715 Brick, NJ.
    What is the asking price?
    The asking price for this property is $834,000.
    What are key features of this property?
    This property features: Highly visible waterfront shopping plaza in Brick, NJ with approx. 25,000 vehicles per day; Tenant space includes 7 retail storefronts plus 4 second‑floor office suites with scenic water views; Approx. 4,400 sq ft of total rentable space
    More about this property
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