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    1026 Broad St Shrewsbury, NJ 07702

    For Lease
    Contact for pricing

    Prime Shrewsbury Shopping Center Space Available

    Lot size:
    309,283 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    Shrewsbury Plaza, located at 1026 Broad St, Shrewsbury, NJ 07702, offers exceptional retail space for lease in Monmouth County. This established shopping center boasts a total of 309,283 square feet and provides ample parking with 1,454 spaces. Currently, there are three spaces available, ranging from a minimum of 2,500 square feet to a maximum contiguous space of 9,600 square feet. A total of 21,155 square feet is currently vacant, presenting a significant opportunity for businesses seeking immediate occupancy. The property is classified as a multi-tenant shopping center, indicating a vibrant and established retail environment. Its strategic location in Shrewsbury, New Jersey, offers excellent visibility and accessibility for customers. The property's size and parking capacity make it suitable for a variety of retail uses, from smaller boutiques to larger format stores. Interested parties are encouraged to inquire about the available spaces and lease terms to explore this prime retail opportunity in a thriving Monmouth County location. The property is easily accessible from major roadways, ensuring convenient access for both customers and employees. This is an ideal location for businesses seeking high visibility and a strong customer base.

    Property Features for 1026 Broad St

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    309,283 SF

    Unit(s) available at that property

    Space
    Suite 24
    Size
    4,775 SF
    Space
    Suite 14
    Size
    4,280 SF
    Space
    Suite 32
    Size
    3,856 SF

    HighLights

    • Exceptional retail space available for lease in Shrewsbury Plaza, a 309,283 square foot shopping center with 1,454 parking spaces.
    • High‑traffic location at the signalized intersection of Route 35 (Broad Street) and Shrewsbury Avenue.
    • Recently completed facade renovations.
    • High daily traffic counts: 34,665 vehicles on Route 35 and 30,683 on Shrewsbury Avenue.
    • Serves a strong demographic base including Shrewsbury, Rumson, Little Silver, Tinton Falls, and Eatontown.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Shrewsbury
    County
    Monmouth
    State
    New Jersey
    Longitude
    -74.0662254
    Latitude
    40.3149973

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    FAQs

    What type of property is this?
    Lifestyle center - Prime Shrewsbury Shopping Center Space Available
    Where is this lifestyle center located?
    The property is located at 1026 Broad St Shrewsbury, NJ.
    What are key features of this property?
    This property features: Exceptional retail space available for lease in Shrewsbury Plaza, a 309,283 square foot shopping center with 1,454 parking spaces.; High-traffic location at the signalized intersection of Route 35 (Broad Street) and Shrewsbury Avenue.; Recently completed facade renovations.
    Request Owner's contact information
    1026 Broad St Shrewsbury, NJ 07702
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    Shrewsbury, NJ 07702
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1026 Broad St Shrewsbury, NJ 07702
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