1905 State Route 33
Neptune, NJ 07753
Walgreens · Retail Property For Sale

The subject property is strategically located with excellent access and visibility at the signalized hard corner of Neptune Boulevard and Corlies Avenue/State Route 33 (22,220 AADT) between its junctions with State Route 18 (45,077 AADT) and State Route 35 (23,051 AADT). The site benefits from robust demographics in the surrounding area with a population of 131,255 within a five-mile radius and a total daytime population of 132,477. Average household income within five miles of the site is $94,013, and the median home value within that radius is $383,701. The site benefits from an excellent location within a dense medical and retail corridor. The site neighbors Hackensack Meridian Health Jersey Shore University Medical Center, a 643 bed hospital which recently underwent a $300 million expansion project. The hospital is Monmouth County’s largest employer and serves as the region’s only university-level academic medical center, offering services in all major medical disciplines as well as specialized stroke and cardiac surgery programs, drawing additional traffic from patients and physicians to the site. The site additionally neighbors numerous smaller specialty medical practices, including Shore Heart Group, the Perinatal Institute, Hackensack Meridian Health Rehabilitation Center, and more, driving additional traffic and pharmacy customers to the site. The property also benefits from a strong retail location neighboring numerous retailers and retail centers. The site neighbors Seaview Square shopping center, with tenants including Target, Costco, Petsmart, Guitar Center, and more. Other major retailers neighboring the site include ALDI, Wawa, Marshalls, Homegoods, Shoprite, Stop and Shop, Staples, Family Dollar, Wells Fargo, NAPA Auto Parts, Dollar General, McDonald’s, Starbucks, Dunkin Donuts, and more. In addition, the site is adjacent to Neptune High School, Neptune Middle School, Gables Elementary school, Monmouth County Academy of Allied Health & Science, Monmouth County Vocational School, and the Neptune satellite campus of Brookdale Community College, drawing additional traffic from students, parents, and teachers proximal to the site. This property is listed in conjunction with New Jersey-licensed real estate broker Joseph Riordan.