2131 State Route 35 | Holmdel, NJ 07733
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- LoopNet Team
2131 State Route 35
Holmdel, NJ 07733
Chipotle/KAY Jewelers · Retail Property For Sale
Investment Highlights
- Chipotle recently agreed to extend their lease early by another 5yrs, bringing their remaining term over 9yrs until their next option
- Current ownership installed a new 20-Year Carlisle Total Roofing System with a transferable warranty in 2016
- The subject property is located at the highly visible, easily accessible, hard corner signaled intersection of Union Ave. and Route 35 (50k VPD)
- Both tenants executed NNN leases that are corporately guaranteed by publicly traded, national brand name companies
- Located approximately 35 miles outside of Manhattan, Holmdel, NJ is located in Monmouth County and part of the highly sought-after New York City MSA
- Closest Chipotle is 5+ miles away and the closest KAY Jewelers is over 13 miles away
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront
Building Size
4,500 SF
Building Class
C
Year Built
2015
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.12
Lot Size
0.89 AC
Zoning
C1
Frontage
PROPERTY TAXES
| Parcel Number | 20-00059-0000-00008-01 | Improvements Assessment | $2,423,300 |
| Land Assessment | $751,500 | Total Assessment | $3,174,800 |
PROPERTY TAXES
Parcel Number
20-00059-0000-00008-01
Land Assessment
$751,500
Improvements Assessment
$2,423,300
Total Assessment
$3,174,800
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