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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1281 Nj-35 Middletown Township, NJ 07748

8,700 SF Built 1957
Property ID
Property summary
AI-generated overview

This 8,700-square-foot single-tenant office space is ideally located on busy Highway 35 in Middletown Township, New Jersey, near Holmdel and Red Bank. The property, built in 1957 and recently renovated externally, offers high visibility and is situated next to an Italian restaurant. The main or first level comprises the entire 8,700 square feet, currently used as a fresh food market. A 4,000-square-foot basement is available for an additional $12.50 per square foot, featuring a freight elevator for convenient deliveries. Sixty shared parking spaces are available for tenants and customers. The building includes an elevator. The property is zoned C-50, allowing for a variety of uses. The space will be available for build-out on January 1, 2025. This is a NNN lease, meaning the tenant is responsible for all operating expenses. The cross street is New Monmouth Rd, and the zip code is 07748. This prime location offers excellent access to major roadways and nearby shore towns.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1957
Total area 8,700 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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