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Property profile

3710 Rte Freehold, NJ 07728

OFF-MARKET
Lifestyle centers
1,898,846 SF
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Property summary

AI-generated overview

This exceptional freehold retail property, located at 3710 Route 9 in Freehold, New Jersey (zip code 07728), presents a significant investment opportunity. The property, known as Freehold Raceway Mall, boasts a substantial 1,898,846 square feet of retail space, offering multiple tenancy options. Three suites are currently available, with sizes ranging from a minimum of 12,608 square feet to a maximum contiguous space of 59,559 square feet. A significant 87,226 square feet is currently vacant, presenting a unique chance for expansion or redevelopment. The property's strategic location in Monmouth County ensures high visibility and accessibility, benefiting from substantial foot traffic. Ample parking is available with 6,000 spaces to accommodate customers and employees. This anchored shopping center presents a rare opportunity to establish or expand a retail presence in a thriving New Jersey market. The property's size and flexibility make it suitable for a variety of retail concepts, from large-format stores to smaller boutiques. The significant vacant space allows for customization and adaptation to meet specific business needs. This is a prime opportunity to secure a prominent retail location in a high-demand area. Contact us today to learn more about this exceptional property and its potential.

Property profile

Verified
Property type Lifestyle centers
Total area 1,898,846 SF

Cap rate & NOI

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

Location

3710 Rte Freehold, NJ 07728
Freehold 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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