Leased Storefront
For Sale
Contact for pricing
Pending
368 Broad St, Red Bank, NJ 07701
Existing tenancy provides an established commercial occupancy profile with defined renewal options.
Property SizeContact for details
Days on Market144
Property Features for 368 Broad St
General Information
Standard status
Pending
Property subtype
Retail
Listing Agency:
KW Commercial Keller Williams Monmouth/Ocean
(732) 942-5280
Listed By:
Joseph Spinella · License #152167521
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 31 at 2:11AM
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 KW Commercial Keller Williams Monmouth/Ocean
Investment Insights
Based on property information with market context.
This storefront property at 368 Broad St in Red Bank, New Jersey, is offered with an existing tenant in place. The current lease has 4 years remaining and includes two additional 5-year options, creating a defined path for continued occupancy.
Annual rent increases are set at 3%, providing a contractual escalation structure during the lease term. The property is positioned at a four-way intersection, adding a documented access and exposure characteristic to the asset.
Annual rent increases are set at 3%, providing a contractual escalation structure during the lease term. The property is positioned at a four-way intersection, adding a documented access and exposure characteristic to the asset.
Key Highlights
- Existing tenant with 4 years remaining on the lease
- Two 5‑year lease options
- 3% annual rent increases
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,929
Businesses Nearby
161k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 47%
Groceries 21%
Home Improvements & Furnishings 16%
Dining 6%
Super Foodtown
Groceries
24,887 visits/mo
0.1 miles
J.Crew
Apparel
19,166 visits/mo
0.4 miles
World Market
Home Improvements & Furnishings
13,789 visits/mo
0.3 miles
Williams-Sonoma
Home Improvements & Furnishings
11,186 visits/mo
0.5 miles
Madewell
Apparel
10,540 visits/mo
0.4 miles
Demographics for 07701, NJ
24,568
Population
11,082
Households
2.2
Avg Household Size
43
Median Age
53%
College-Educated
93%
High-School Grad
9.2 sq mi
ZIP Area
2,670
Density / Sq Mi
$113,630
Median Household Income
$62,309
Median Earnings
$1,971
Median Rent
$551,500
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Similar Off Market Nearby
- Floristeria Los Girasoles LLC — 247 shrewsbury ave, red bank, nj 07701
- Sunflowers Florist And Gifts Shop LLC — 135 Shrewsbury Ave, Red Bank, NJ 07701
Frequently Asked Questions
What type of property is this?
Storefront property - Existing tenancy provides an established commercial occupancy profile with defined renewal options.
Where is this storefront property located?
The property is located at 368 Broad St Red Bank, NJ.
What are key features of this property?
This property features: Existing tenant with 4 years remaining on the lease; Two 5‑year lease options; 3% annual rent increases
