Property profile

981 Nj-37 Toms River, NJ 08755

OFF-MARKET
Retail properties & Spaces
3,973 SF
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Property summary

AI-generated overview

This exceptional 3,973-square-foot restaurant space is available for lease in Ocean County, New Jersey. Situated on a 1.34-acre lot, this single-tenant property offers significant potential for a variety of culinary concepts. The entire building is currently vacant, providing a blank canvas for a new operator to create their ideal restaurant environment. The substantial square footage allows for ample seating, a fully equipped kitchen, and potentially additional features such as a bar or outdoor patio area (subject to local regulations and approvals). The property's location on NJ-37 ensures high visibility and accessibility for customers. This presents a unique opportunity for a restaurant owner to establish a thriving business in a desirable location. The property is categorized as retail, specifically a restaurant, and offers a single tenancy. The large lot size provides ample parking and potential for future expansion or outdoor amenities. Serious inquiries are encouraged to explore this exceptional opportunity. All interested parties should conduct their own due diligence regarding zoning, permits, and other relevant regulations.

Property profile

Verified
Property type Retail properties & Spaces
Total area 3,973 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

981 Nj-37 Toms River, NJ 08755
Toms River metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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