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    OFF-MARKET
    Retail properties & Spaces

    217 Nj-70, Lakehurst, NJ 08733

    2,640 SF 0.5 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional free-standing retail building, totaling 2,640 square feet, presents a remarkable investment opportunity in the thriving commercial corridor of Lakehurst, New Jersey. Situated on a half-acre lot (0.5 acres) at 217 NJ-70, this single-tenant property boasts high visibility and accessibility, benefiting from a daily traffic count of 20,601 vehicles on Route 70. The building is currently vacant, offering a blank canvas for a new business or a repositioning strategy. Ample parking is available with 18 spaces provided on-site. The property is zoned B2-Highway Commercial, allowing for a variety of uses. The location is surrounded by successful national tenants, including Dunkin' Donuts, McDonald's, U-Haul, Gulf, Dollar General, and Domino's Pizza, ensuring a strong customer base and high foot traffic. This property is ideal for a restaurant or other similar businesses seeking a prominent location with excellent visibility and convenient access. The building's size and location make it an attractive option for a variety of commercial ventures. The high traffic count on Route 70 guarantees significant exposure to potential customers. This is a rare opportunity to acquire a well-located, sizable commercial property in a bustling area of Ocean County. The property's current vacancy provides immediate occupancy for a new tenant.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 2,640 SF
    Lot 0.5 ac (21,780 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
    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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