75 Brighton Ave Long Branch, NJ 07740

Listing Agency Parsippany c***@jll.com Show Phone

Listed by Craig Parcells · License #1648648 Show Phone

Source Property.jll

Added: Apr 15 Updated: Jul 10 at 12:35 pm Checked: Jul 19 at 2:02 am

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Investment Insights

Based on property information with market context.

Located in the West End section of Long Branch, New Jersey, 75 Brighton Avenue is a retail strip center with four tenants. The property is situated on a 7,784 square foot lot, one block from the Atlantic Ocean, and features concrete parking at the rear. Constructed in 1941, the one-story masonry building had its roof replaced in 2023. The property is positioned to capture income from four active tenants and rent upside as leases roll within the next one to three years. The property is 100% occupied. The current annual base rent is approximately $182,000, with staggered lease expirations from 2027 to 2029. Three of the four leases are supported by personal guarantees. The tenant mix includes restaurant, food and beverage, and fitness/wellness operators. The property is located in the C-3 zone one block from the beach, with air rights and mixed-use redevelopment potential, subject to zoning review.

Key Highlights

• Prime location: One block from the Atlantic Ocean in Long Branch.
• Stable income: 100% occupied with approximately $182,000 in annual base rent.
• Rent upside: Leases rolling within 1‑3 years provide opportunity to increase rents to market rates.

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FAQs

What type of property is this?

Strip mall - Four-tenant retail strip in Long Branch, New Jersey.

Where is this strip mall located?

The property is located at 75 Brighton Ave Long Branch, NJ.

What are key features of this property?

This property features: Prime location: One block from the Atlantic Ocean in Long Branch.; Stable income: 100% occupied with approximately $182,000 in annual base rent.; Rent upside: Leases rolling within 1‑3 years provide opportunity to increase rents to market rates.