Property profile

1 Nj-37 Toms River, NJ 08753

OFF-MARKET
Retail properties & Spaces
200,000 SF
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Property summary

AI-generated overview

This exceptional retail opportunity in Toms River, NJ, offers three available spaces ranging from 3,160 to 72,763 square feet within a 200,000-square-foot center. Located on Route 37 at the intersection of Exit 82A of the Garden State Parkway, this prime location provides unparalleled access to high traffic volume, leading to the popular summer destinations of Seaside, Lavallette, and Ortley Beach. The center boasts a strong tenant mix including Kohl's, Planet Fitness, Five Below, Carter's, Advanced Auto Parts, T-Mobile, Jersey Mike's, Immediate Care, and Wingstop, ensuring high visibility and foot traffic. A significant advantage is the approved 100-foot pylon sign facing the Garden State Parkway (115,000 cars daily), featuring two anchor tenants occupying 72,763 square feet. The center's strategic location benefits from the proximity of a high-performing ShopRite (3rd most visited in NJ) and a top-performing Target (5th most visited in NJ). The Kohl's within the center itself ranks 11th in visitation among 38 New Jersey locations. Ideal tenants for the available spaces include home furnishings, tile and flooring, mattress stores, and restaurants. Pylon signage on Route 37 is also available. This is a rare opportunity to establish a thriving business in a high-demand, high-visibility location. Ocean County location, zip code 08753.

Property profile

Verified
Property type Retail properties & Spaces
Total area 200,000 SF

Cap rate & NOI

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

Location

1 Nj-37 Toms River, NJ 08753
Toms River metro
Google Maps

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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