Walgreens Drug Store with
For Sale
Contact for pricing
879 W Bay Ave, Barnegat Township, NJ 08005
Single-tenant pharmacy facility with a drive-thru component and a net lease structure.
Property SizeContact for details
Days on Market145
Property Features for 879 W Bay Ave
General Information
Standard status
Active
Property subtype
Retail
Site & Location
Corner Location
Yes
Drive-Thru
Yes
Building Details
Tenancy
Single
Listing Agency:
CBRE - Detroit
Listed By:
Peter Furest · License #NY 10401232530
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 29 at 6:33PM
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 CBRE - Detroit
Investment Insights
Based on property information with market context.
This fee-simple drug store is occupied by Walgreens as a single-tenant pharmacy property in Barnegat Township, New Jersey. The improvements include a drive-thru pharmacy, while the lease has 15 years of contractual term remaining and assigns zero landlord obligations.
The property is positioned at 879 W Bay Ave along Barnegat’s main retail corridor, between the Garden State Parkway and downtown Barnegat. More than 50,000 people reside within 5 miles, with additional seasonal visitation associated with the coastal market. The asset is offered as a net-leased property with an investment-grade tenant.
The property is positioned at 879 W Bay Ave along Barnegat’s main retail corridor, between the Garden State Parkway and downtown Barnegat. More than 50,000 people reside within 5 miles, with additional seasonal visitation associated with the coastal market. The asset is offered as a net-leased property with an investment-grade tenant.
Key Highlights
- Walgreens single‑tenant drug store at 879 W Bay Ave
- Drive‑thru pharmacy included
- 15 years of contractual lease term remaining
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
312
Businesses Nearby
53k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 61%
Dining 22%
Shops & Services 17%
ACME Markets
Groceries
32,398 visits/mo
0.2 miles
Burger King
Dining
9,313 visits/mo
0.3 miles
Quick Stop
Shops & Services
6,617 visits/mo
0.0 miles
China King
Dining
2,242 visits/mo
0.3 miles
Mavis Discount Tire
Shops & Services
1,324 visits/mo
0.1 miles
Demographics for 08005, NJ
25,814
Population
11,671
Households
2.2
Avg Household Size
49
Median Age
34%
College-Educated
94%
High-School Grad
53.5 sq mi
ZIP Area
483
Density / Sq Mi
$92,548
Median Household Income
$47,209
Median Earnings
$1,949
Median Rent
$356,200
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Michael Tassitano — 5 Nautilus Ave, Barnegat Township, NJ 080051420
- Eileen's Essentials, llc — 112 Rockrimmon Blvd, Barnegat Township, NJ 08005
- Competitive Edge Nutrition — 770 Lighthouse Dr suite 191b, Barnegat Township, NJ 08005
- Rite Aid Pharmacy — 895 W Bay Ave, Barnegat Township, NJ 08005
- Eric J. Borgeson, PharmD — 879 W Bay Ave, Barnegat Township, NJ 08005
Frequently Asked Questions
What type of property is this?
Drug store - Single-tenant pharmacy facility with a drive-thru component and a net lease structure.
Where is this drug store located?
The property is located at 879 W Bay Ave Barnegat Township, NJ.
What are key features of this property?
This property features: Walgreens single‑tenant drug store at 879 W Bay Ave; Drive‑thru pharmacy included; 15 years of contractual lease term remaining
