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Grocery-Anchored Retail Space
For Lease
$23 SF/Yr CAM $7 /USD/SF/YR

785 Roosevelt Avenue, Carteret, NJ 07008

Available unit in an updated shopping center with pylon signage and established retail co-tenancy.

Space Size2,250 SF
Property Size135,000 SF
Days on Market71

Property Features for 785 Roosevelt Avenue

General Information

Standard status Active
Size 2,250 SF
Property subtype Retail
Lease Type NNN
Lease Term NNN

Site & Location

Anchor Co-Tenants ShopRite, Burger King, H & R Block, Pep Boys, Dollar Tree
Traffic Count 20,000 vehicles/day

Additional Details

Space Use Retail
CAM $7 /USD/SF/YR

Amenities

pylon sign
vault
facades updated

Building Details

Building Size 135,000 SF
Tenancy Multi

Spaces For Lease

at 785 Roosevelt Avenue Contact us

Former Check Cashing $23/SF/Yr

Size
2,250 SF
Type
Strip Center
Term
Negotiable
Contact us
Listing Agency: Sitar Realty Company Iselin
Listed By: William Sitar Jr. · License #7867749
Source: Sitarcompany
Added: Jun 23 Changed: Aug 31 Last Checked: Aug 31 at 2:21PM

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 Sitar Realty Company Iselin

Investment Insights

Based on property information with market context.

Retail space is available within a 135,000 SF shopping center anchored by ShopRite. The property includes an available unit, updated facades, pylon signage, and a vault. The center operates under an NNN structure, with charges stated at approximately $7.00 PSF.

The shopping center includes more than 20 tenants, including Burger King, H & R Block, Pep Boys, and Dollar Tree. Roosevelt Avenue provides access to the property, which records a daily traffic count of approximately 20,000 vehicles.

Key Highlights

  • 135,000 SF shopping center anchored by ShopRite
  • More than 20 tenants, including Burger King, H & R Block, Pep Boys, and Dollar Tree
  • Updated building facades and pylon signage

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Dental Office Building Supply 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

20,000 VPD
Traffic count
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

493
Businesses Nearby
112k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 34% Groceries 29% Dining 29% Home Improvements & Furnishings 3%
ShopRite Groceries
32,658 visits/mo 0.1 miles
McDonald's Dining
24,254 visits/mo 0.2 miles
Dollar Tree Shops & Services
16,035 visits/mo 0.1 miles
Burger King Dining
8,365 visits/mo 0.1 miles
BP Shops & Services
8,110 visits/mo 0.2 miles

Demographics for 07008, NJ

25,342
Population
8,717
Households
2.9
Avg Household Size
37
Median Age
28%
College-Educated
85%
High-School Grad
4.4 sq mi
ZIP Area
5,760
Density / Sq Mi
$87,712
Median Household Income
$42,770
Median Earnings
$2,012
Median Rent
$370,100
Median Home Value

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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Available unit in an updated shopping center with pylon signage and established retail co-tenancy.
Where is this retail space located?
The property is located at 785 Roosevelt Avenue Carteret, NJ.
What is the lease rate?
The lease rate is $23 SF/Yr.
What are key features of this property?
This property features: 135,000 SF shopping center anchored by ShopRite; More than 20 tenants, including Burger King, H & R Block, Pep Boys, and Dollar Tree; Updated building facades and pylon signage
More about this property
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