0 The Shops At Pier Vlg Long Branch, NJ 07740
This exceptional retail opportunity at Pier Village in Monmouth County offers multiple spaces ranging from 1,462 to 2,898 square feet within a thriving 170,000 square foot mixed-use development. Two spaces are specifically designed for food and beverage businesses, featuring ventilation systems and prime outdoor dining options. Benefit from high visibility and accessibility to a large local and tourist population, fueled by over 2.7 million annual visitors and proximity to the Wave Resort, offering stunning oceanfront views. The location is adjacent to a nearly 2-mile boardwalk hosting year-round events, and is further enhanced by its proximity to Monmouth University and Monmouth Medical Center. The development boasts 492 luxury oceanfront rental units, 243 new oceanfront condos, and 193 hotel rooms, ensuring a substantial customer base. Ample surface parking (1,875 spaces) is available on-site. This is an unparalleled chance to establish a business within one of New Jersey's most dynamic and successful retail destinations. The spaces provide tremendous visibility and access to both local residents and the substantial tourist population drawn to the area's beaches, boardwalk, and numerous events. The opportunity to capitalize on the high foot traffic and strong local economy makes this a truly exceptional investment.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.