94 Broad St
Eatontown, NJ 07724
The Learning Experience | Rare 20Yr NNN Lease · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Corporate Guaranteed | Rare 20-Year Lease | Options To Extend | Scheduled Rental Increases
- Brand New 2019 Construction | 5,000 SF Recreation Area
- Nearby Monmouth Mall (1.5M SF of Retail) | National/Credit Presence | Increases Consumer Traffic
- NNN Lease | Fee Simple Ownership | Limited Landlord Responsibilities
- Directly Along Broad Street | Near Major Retail Thoroughfare
- Strong Demographics in Affluent 5-Mile Trade Area |Ideal Target Market
PROPERTY FACTS
AMENITIES
- Corner Lot
- Freeway Visibility
- Pylon Sign
- Signage
- Monument Signage
ABOUT 94 BROAD ST , EATONTOWN, NJ 07724
The Learning Experience is strategically located along Broad Street/County Road 537 (14,400 VPD), a local residential and retail thoroughfare serving the city of Eatontown. The asset is just half a mile east of Main Street/Route 35 (37,800 VPD), the primary retail corridor in the area with access to a number of major shopping destinations. The Monmouth Mall, an enclosed split level shopping mall (1.5M SF of retail) is located just 1.5 miles south of the property featuring anchor tenants Macy’s, Boscov’s, JCPenney, and AMC Theaters. Other national/credit tenants in the area include Lowe’s Home Improvement, The Home Depot, Trader Joe’s, Saks Off 5th, Marshalls, HomeGoods, Staples, Petco, Bed Bath & Beyond, TJMaxx, and more, further increasing consumer traffic to the trade area. The 5-mile trade area is supported by a population of more than 151,000 residents and 86,000 employees. The 1-mile area has an affluent average household income of $133,000, which is the ideal target demographic for any day care brand. Monmouth County is the 5th wealthiest county in New Jersey, and is also the 5th most populous county in the state.
PROPERTY TAXES
| Parcel Number | 12-01002-0000-00007 | Improvements Assessment | $4,784,800 |
| Land Assessment | $385,200 | Total Assessment | $5,170,000 |
