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Property profile & analytics
OFF-MARKET Estimated value $28,130,000
Commercial real estate

1026 Broad St Shrewsbury, NJ 07702-4378

173,156 SF 24.54 ac lot
Trust Owned 2-yr Hold Free & Clear
Property ID
US59-1788392
Property summary
AI-generated overview

Shrewsbury Plaza, located at 1026 Broad St, Shrewsbury, NJ 07702, offers exceptional retail space for lease in Monmouth County. This established shopping center boasts a total of 309,283 square feet and provides ample parking with 1,454 spaces. Currently, there are three spaces available, ranging from a minimum of 2,500 square feet to a maximum contiguous space of 9,600 square feet. A total of 21,155 square feet is currently vacant, presenting a significant opportunity for businesses seeking immediate occupancy. The property is classified as a multi-tenant shopping center, indicating a vibrant and established retail environment. Its strategic location in Shrewsbury, New Jersey, offers excellent visibility and accessibility for customers. The property's size and parking capacity make it suitable for a variety of retail uses, from smaller boutiques to larger format stores. Interested parties are encouraged to inquire about the available spaces and lease terms to explore this prime retail opportunity in a thriving Monmouth County location. The property is easily accessible from major roadways, ensuring convenient access for both customers and employees. This is an ideal location for businesses seeking high visibility and a strong customer base.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Total area 173,156 SF
Lot 24.54 ac (1,068,962 SF)
Zoning code 3713
APN 44 00031-0000-00001
UPID US59-1788392
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
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$35.97M
Comparable Approach Comparable
by Request
Blend (final) Blend
$28.13M
Owner & transaction history
Elena M Brown Inter Vivos Trust · 2 yrs held
Elena M Brown Inter Vivos Trust
since 2024
4 recorded transactions
2024
Price N/A
2016
Price N/A
2010
Price N/A
1969
Price N/A
Zoning & alternative use
3713 · Shrewsbury, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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