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73-75 Highway 35

3,300 SF 100% Leased Retail Building Eatontown, NJ 07724 $1,850,000 ($561/SF)

Investment Highlights

  • Less than 0.5 miles from the new Netflix studios and Monmouth Square Redevelopment

Executive Summary

Prime Eatontown Route 35 location for this Commercial Property situated 1/2 mile south of the new Netflix Development and a 1/2 mile north of the new Monmouth Square Redevelopment (Monmouth Mall). The parcel has 3 driveway cuts- 2 on Route 35 and 1 on White Street, 47 paved parking spaces, 160' of Highway frontage and lot size approx 38,000 sq ft. There are 2 exiting tenant occupied free-standing buildings - 3 tenants total- Building #75 is 2,000 sq ft and #73 is 1,300 sq ft. The property is Zoned B2- Highway Commercial. This property is a prime parcel for a 1031 Exchange or User. Call Jamie Pavlis- Owner and Broker for details.

Property Facts

Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,300 SF
Building Class
C
Year Built
1968
Price
$1,850,000
Price Per SF
$561
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.09
Land Acres
0.87 AC
Zoning
B-2 - Highway Commercial
Parking
47 Spaces (14.24 Spaces per 1,000 SF Leased)
Frontage
163 FT on State Highway #35

Amenities

  • Signalized Intersection

Nearby Major Retailers

Philly Pretzel Factory
PNC Bank
Lidl
First Watch
TD Bank
Blimpie
The Habit Burger Grill
Starbucks
Chili's
TGI Fridays

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 12-01007-0000-00003
  • 12-01007-0000-00002
Land Assessment
$1,689,500
Improvements Assessment
$1,122,900
Total Assessment
$2,812,400
  • Listing ID: 31153897

  • Date on Market: 3/7/2024

  • Last Updated:

  • Address: 73-75 Highway 35, Eatontown, NJ 07724

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