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Oceanfront Storefront Property
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728 Beach Avenue, Cape May, NJ 08204

Single-tenant retail space along Cape May’s oceanfront Promenade with a defined lease term through January 2031.

Property Size750 SF
Price / SF$1,600
Days on Market61

Property Features for 728 Beach Avenue

General Information

Standard status Active
Size 750 SF
Property subtype Land

Additional Details

Gross Income $50,596

Building Details

Units 1
Tenancy Single
Listing Agency: HOFFMAN AGENCY
Listed By: Jackson VonSavage · License #1536347
Source: Crexi
Added: Aug 20 Changed: Oct 7 Last Checked: Oct 16 at 8:52AM

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 HOFFMAN AGENCY

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Investment Insights

Based on property information with market context.

This 750-square-foot storefront property is positioned directly on the Cape May Promenade at 728 Beach Avenue. The space is leased to a confectionery operator under a term extending through January 31, 2031, providing an established retail use within the building.

Lease escalations are tied to the Philadelphia–Wilmington–Atlantic City CPI and payments are scheduled in four seasonal installments from June through September. The property occupies a commercial position along Beach Avenue, Cape May’s oceanfront corridor connecting the beach, Promenade, and town commercial activity.

Key Highlights

  • 750‑square‑foot storefront property
  • Directly on the Cape May Promenade
  • Leased through January 31, 2031

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Nail Salon Grocery & Convenience Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store Computer & Electronic Repair Daycare Center

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

869
Businesses Nearby
Under-served
Demand for This Use

Demographics for 08204, NJ

17,090
Population
13,101
Households
1.3
Avg Household Size
54
Median Age
38%
College-Educated
95%
High-School Grad
20.5 sq mi
ZIP Area
834
Density / Sq Mi
$80,782
Median Household Income
$46,104
Median Earnings
$1,149
Median Rent
$399,200
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 Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Similar Off Market Nearby

  • Wild&Crafted — 120 Park Blvd, Cape May, NJ 08204

Frequently Asked Questions

What type of property is this?
Storefront property - Single-tenant retail space along Cape May’s oceanfront Promenade with a defined lease term through January 2031.
Where is this storefront property located?
The property is located at 728 Beach Avenue Cape May, NJ.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 750‑square‑foot storefront property; Directly on the Cape May Promenade; Leased through January 31, 2031
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