Waterfront Retail and Office
2715 Hooper Avenue Unit 2715 Brick, NJ 08723
2715 Hooper Avenue Unit 2715, Brick, NJ, 08723
$834,000
For Sale
$834,000
Visible waterfront shopping plaza with retail storefronts and second-floor office suites, supported by strong access and on-site parking.
Property Size4,400 SF
Price / SF$189.55
Days on Market203
Property Features for 2715 Hooper Avenue Unit 2715
General Information
- Standard status
- Active
- Size
- 4,400 SF
- Property subtype
- General Commercial
Listing agency
(732) 797-9001
Listed by
Keller Williams Shore Properties
(732) 797-9001
Source
Xome
Added: Dec 30, 2025 Updated: Jul 10 at 2:05PM Checked: Jul 16 at 6:31AM
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
Investment Insights
Based on property information with market context.
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.
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.
Key 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
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
NOI $67,320 @ 7.0% cap · market cap 8.07%
Second Best
Retail
$897.2K
$785.0K – $1.05M
NOI $62,802 @ 7.0% cap · market cap 7.53%
Theoretical Best
Office A
$1.15M
$1.01M – $1.34M
NOI $80,425 @ 7.0% cap · market cap 9.64%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Shopping centers
Similar For Sale Nearby
Similar Off Market 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
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
