317 Brick Blvd Brick, NJ 08723-6031

Property Details for 317 Brick Blvd

Construction

FRAME

Lot size

4.31 lot acres

Zone code

B2

Property type

Commercial real estate

APN

07 00547- 02-00017

APU

7005470200017

Description

This exceptional Brick Township, NJ investment opportunity encompasses a portfolio of two buildings totaling 42,392 square feet on an 8.62-acre lot. The property is comprised of a single-story retail building and a two-story, elevator-equipped office building located on Brick Boulevard, zip code 08723. The asking price is $7,600,000, representing a compelling $200.51 per square foot and a 6.50% capitalization rate. Both buildings boast significant recent capital improvements. The office building has undergone a complete renovation, including a new roof, thirteen 3-ton HVAC units, new siding, windows, and roofing. The retail building features two newly installed HVAC units within the past few years. This fully rented property presents a strong cash flow and significant upside potential for the discerning investor. The property is conveniently located in Ocean County, New Jersey, offering easy access to major transportation routes and a thriving local market. This is a rare opportunity to acquire a well-maintained, high-performing commercial property in a desirable location. Detailed financial information and marketing materials are available upon request.