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Ground-Floor Corner Retail Space
For Lease
$30 SF/Yr

601 Lake Avenue, Asbury Park, NJ 07712

Divisible retail space with lake views, corner exposure, and access to downtown shopping and entertainment.

Space SizeContact for details
Days on Market157

Property Features for 601 Lake Avenue

General Information

Standard status Active
Property subtype Retail
Listing Agency: Sackman Realty
Listed By: Morgan Sackman · License #1970548
Source: Sackmanrealty
Added: Mar 17 Changed: Aug 18 Last Checked: Aug 19 at 3:24PM

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 Sackman Realty

Investment Insights

Based on property information with market context.

This 4,000-square-foot retail premises occupies the ground floor at 601 Lake Avenue in Asbury Park. Positioned on a corner, it offers frontage and views toward Wesley Lake, while the interior can be divided for flexible occupancy planning.

The property is set among restaurants, boutiques, and attractions that operate throughout the year. Nearby beach and boardwalk activity, along with local events, contributes to seasonal visitor traffic and pedestrian activity in the surrounding area.

Key Highlights

  • 4,000 SF ground‑floor retail space
  • Corner position with frontage and views of Wesley Lake
  • Space can be divided

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Dental Office Daycare Center Parking Lot & Garage Computer & Electronic Repair Auto Parts Store Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$4.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

652
Businesses Nearby

Demographics for 07712, NJ

39,397
Population
19,321
Households
2
Avg Household Size
42
Median Age
49%
College-Educated
93%
High-School Grad
12.2 sq mi
ZIP Area
3,229
Density / Sq Mi
$95,691
Median Household Income
$51,924
Median Earnings
$1,496
Median Rent
$578,300
Median Home Value

Market

Lease Benchmarks for Asbury Park, NJ

$27.63 /SF/Yr
Avg Asking Price
$14.69–$32 /SF/Yr
Price Range
2,971 SF
Avg Space Size

This space is priced 9% above the average of $27.63 /SF/Yr.

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Divisible retail space with lake views, corner exposure, and access to downtown shopping and entertainment.
Where is this retail space located?
The property is located at 601 Lake Avenue Asbury Park, NJ.
What is the lease rate?
The lease rate is $30 SF/Yr.
What are key features of this property?
This property features: 4,000 SF ground‑floor retail space; Corner position with frontage and views of Wesley Lake; Space can be divided
More about this property
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