Prime Commercial Property with Leased
For Sale
$5,500,000
3443 State Route 66, Neptune, NJ 07753
17,000+ sq ft property with leased and move-in-ready space.
Property Size17,287 SF
Lot Size3.00 Acres
Price / SF$318.16
Days on Market394
Property Features for 3443 State Route 66
General Information
Standard status
Active
Size
17,287 SF
Lot size
3.00 Acres
Property subtype
Commercial
Building Details
Year Built
1974
Listing Agency:
Compass New Jersey LLC
Listed By:
Isaac Franco
(732) 936-5248
Source:
Actionplusrealty
Added: Sep 21, 2025
Changed: Oct 16
Last Checked: Oct 16 at 9:33AM
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 Compass New Jersey LLC
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Investment Insights
Based on property information with market context.
This commercial property offers over 17,000 sq ft of space on over 3 acres. A 10,000 sq ft portion of the property is currently leased to Kiddie Academy, with 7 years remaining on the lease. The remaining 7,000 sq ft features a move-in-ready office build-out. The office space includes 10 private offices, conference rooms, a kitchen, and storage areas. The property is surrounded by national retailers, including Walmart and Home Depot.
Key Highlights
- 17,000+ sq ft commercial property in a prime location.
- 10,000 sq ft leased to Kiddie Academy with 7 years remaining, providing consistent income.
- 7,000 sq ft of luxurious, move‑in‑ready office space featuring 10 private offices, conference rooms, and kitchen.**
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$264,491
Cap Rate
4.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,289,820
$5.3M
Cap Rate 7%
$3,778,443
$3.8M
Cap Rate 9%
$2,938,789
$2.9M
Market Conditions
NOI Build-Up for 17,287 SF
Gross rent
$518.6K $30.00/SF
− Vacancy
−$166.0K −$9.60/SF
EGI
$352.7K $20.40/SF
− OpEx
−$88.2K −$5.10/SF
NOI
$264.5K $15.30/SF
Area
Monmouth County, NJ
Vacancy
32.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,289,820
Cap Rate 7%
$3,778,443
Cap Rate 9%
$2,938,789
Alternative Uses
Best Use
Office B
$3.78M
$3.31M – $4.41M
NOI $264,491 @ 7.0% cap · market cap 4.81%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.51M
$3.95M – $5.27M
NOI $315,979 @ 7.0% cap · market cap 5.75%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
327
Businesses Nearby
Explore this area
Business Placement
Demographics for 07753, NJ
37,397
Population
16,701
Households
2.2
Avg Household Size
45
Median Age
37%
College-Educated
93%
High-School Grad
16.0 sq mi
ZIP Area
2,337
Density / Sq Mi
$92,824
Median Household Income
$49,953
Median Earnings
$1,740
Median Rent
$390,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office building - 17,000+ sq ft property with leased and move-in-ready space.
Where is this office building located?
The property is located at 3443 State Route 66 Neptune, NJ.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: 17,000+ sq ft commercial property in a prime location.; 10,000 sq ft leased to Kiddie Academy with 7 years remaining, providing consistent income.; 7,000 sq ft of luxurious, move‑in‑ready office space featuring 10 private offices, conference rooms, and kitchen.**
