160 Shrewsbury Ave Red Bank, NJ 07701
This exceptional retail space, located at 160 Shrewsbury Avenue in Red Bank, New Jersey, presents a unique opportunity for businesses seeking a vibrant and accessible location. The property is part of a newly developed commercial building, offering a modern and attractive space for tenants. This single-tenant unit encompasses 1,840 square feet of ground-floor space, ideal for a variety of retail uses. Situated in Monmouth County, the property benefits from excellent visibility and convenient access to major roadways, ensuring high foot traffic and easy customer accessibility. The space is designed with modern businesses in mind, offering flexibility and adaptability to suit diverse operational needs. The address, 160 Shrewsbury Avenue, Red Bank, NJ 07701, places the property within a thriving commercial district, surrounded by complementary businesses and a strong customer base. This newly constructed building offers a fresh, contemporary aesthetic, creating an inviting atmosphere for both businesses and customers. The property's location in Red Bank, a bustling town in New Jersey, provides access to a diverse and affluent population, making it an ideal location for a successful retail venture. The single-tenant occupancy ensures exclusive use of the space, providing complete control and customization options. This is a rare opportunity to establish a business in a prime location within a newly developed, high-quality commercial building.
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
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.