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241-245 Highway 35
Eatontown, NJ 07724
CityMD Urgent Care · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • New 10-year net lease to CityMD Urgent Care, a rapidly growing healthcare tenant in the NYC MSA
  • CityMD has grown from one Manhattan location to over 175 urgent care locations throughout the greater New York area and New Jersey
  • Prime retail location directly adjacent to Monmouth Mall, the 6th largest shopping mall in New Jersey and being redeveloped in 2024
  • Rare 2.5% annual rental increases throughout initial term and option periods, providing a protected long-term investment opportunity
  • Netflix is purchasing 292 acres three miles from the site at Fort Monmouth, with plans to construct one of their biggest film studios in the world
  • New 2023 high-quality construction built to the latest CityMD Urgent Care prototype

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
3,763 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.44 AC
Zoning
B2
  • Listing ID: 30534730

  • Date on Market: 1/4/2024

  • Last Updated:

  • Address: 241-245 Highway 35, Eatontown, NJ 07724

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