Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    500 Highway 35 Red Bank, NJ

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail space available in a well-located, high-traffic shopping center.

    Property size:
    2,017 SF
    Lot size:
    15.38 Acres

    Property Features for 500 Highway 35

    General Information

    Size
    2,017 SF
    Lot size
    15.38 Acres

    We can help!

    Listing Contact
    Gregg Medvin
    Gregg Medvin
    Source: Moodyscre

    Listing Agency: Pierson Commercial Real Estate Listing Agent: Gregg Medvin

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Retail Space in High-Traffic Center

    This retail space is located in a high-traffic shopping center with a mix of national, regional, and local retail operators. The center benefits from strong population density and income levels in the surrounding area, contributing to a constant flow of daily foot traffic. The tenant mix includes Dollar Tree, Planet Fitness, Goldfish Swim School, Trek Bicycle, Trinity Rehab, Adult Daycare, Miracle Ear, and various restaurants. The available space offers an opportunity to join a well-branded tenant base in a highly visible location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

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

    Similar Places Nearby

    The new Jay and Silent Bob's Secret Stash, Coinstar Kiosk | Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Red Bank
    County
    Monmouth
    State
    New Jersey
    Longitude
    -74.0643065
    Latitude
    40.3470543

    Nearby Similar for Lease

    • Contact for pricing
      2,400 SF

      Red Bank Commercial Suite

      Lower-level commercial suite in downtown Red Bank.
      160 Monmouth St, Red Bank, NJ 07701
      View Details
    • $5,500 /Mo
      7,760 SF

      Red Bank First-Floor Office Space

      Professional office space in downtown Red Bank with on-site parking.
      6 Drummond Pl, Red Bank, NJ 07701
      View Details
    • Contact for pricing

      Renovated Victorian Office Building

      Stand-alone renovated Victorian office building for lease in Red Bank.
      286 Broad St, Red Bank, NJ 07701
      View Details
    • Contact for pricing

      Furnished Office Suite in Red Bank

      Furnished office suite ideal for professional services in Red Bank.
      55 N Bridge Ave, Red Bank, NJ 07701
      View Details
    • $23 SF/Yr
      3,800 SF

      Renovated Office Space in Red Bank

      Renovated office space featuring a 22-foot cathedral ceiling.
      2 Bridge Ave, Red Bank, NJ 07701
      View Details
    • Sponsored
      Contact for pricing

      NJ, Red Bank - Broad St

      Workspaces, services and support to help you work better in CA, Santa Rosa - Stony Circle
      140 Broad St, Red Bank, NJ 07701
      View Details
    • Sponsored
      Contact for pricing

      Red Bank

      Discover many ways to work your way in 445 Park Avenue
      125 Half Mile Rd, Red Bank, NJ 07701
      View Details
    • $3,400 /Mo

      Retail Space in Downtown Red

      High visibility retail location in downtown Red Bank, New Jersey.
      5 Wharf Ave, Red Bank, NJ 07701
      View Details
    • Contact for pricing
      21,780 SF

      Red Bank Basement Office Space

      Basement office space in Red Bank with shared amenities.
      165 State Route 35, Red Bank, NJ 07701
      View Details
    • $9,850 /Mo
      3,920 SF

      Prime Retail Space, Red Bank

      Downtown Red Bank retail space, ideal for business expansion.
      40 White St, Red Bank, NJ 07701
      View Details
    • Contact for pricing
      13,504 SF

      Red Bank Retail/Office Spaces

      Retail and office spaces available in thriving Red Bank, New Jersey.
      50 White St, Red Bank, NJ 07701
      View Details
    • $26 SF/Yr

      Red Bank Retail/Office Spaces

      Retail and office spaces available in thriving Red Bank.
      50 White St, Red Bank, NJ 07701
      View Details

    FAQs

    What type of property is this?
    Shopping center - Retail space available in a well-located, high-traffic shopping center.
    Where is this shopping center located?
    The property is located at 500 Highway 35 Red Bank, NJ.
    What are key features of this property?
    This property features: - High-traffic center with strong national, regional, and local retail operators.; - Highly visible center with well-branded tenant categories.; - Strong population density and income levels.
    (732) 707-6900 Call to check price and availability
    Request Owner's contact information
    500 Highway 35 Red Bank, NJ
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    500 Highway 35
    Red Bank, NJ
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    500 Highway 35 Red Bank, NJ
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Gregg Medvin
    Gregg Medvin
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!