Entity Owned Property summary
This exceptional investment opportunity presents a 14,550-square-foot Walgreens pharmacy located at 2546 Hooper Ave, Brick Township, NJ 08723. The property sits on a 2.8-acre lot and benefits from a prominent location at a signalized intersection with over 39,600 vehicles per day. The absolute NNN lease with Walgreens, one of the nation's largest drugstore chains, boasts a remaining term of 10.4 years, expiring March 31, 2035, and commenced March 1, 2006. The property features a drive-thru… and enjoys 100% occupancy, generating a strong net operating income (NOI) of $417,719, representing a 7.25% cap rate and a price per square foot of $395.88. The asking price is $5,760,000. This strategically positioned property thrives in a high-income area, with over 188,000 residents and an average household income exceeding $129,000 within a five-mile radius. Nearby retailers include McDonald's, Taco Bell, KFC, 7-Eleven, CVS, ShopRite, ALDI, Best Buy, AutoZone, Marshalls, Kohl's, and Harbor Freight Tools. The property's strong performance, long-term lease, and prime location make it an attractive investment opportunity. The Ocean County location, specifically within the upscale waterfront communities of Shore Acres and Baywood, further enhances its desirability. This is a single-tenant, absolute NNN lease, offering investors minimal landlord responsibilities and the security of a corporate guarantee from Walgreens. The property's APN is 07 00548-02-00026.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- Lot area
- 2.8 ac
- Stories
- 1
- APN
- 07 00548- 02-00026
- Zoning
- VZ
- Assessed value · 2024
- $3,641,500
- Annual tax · 2023
- $89,399
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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