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25 Broad St
Red Bank, NJ 07701
25 Broad St · Retail Property For Sale
Investment Highlights
- Prime Broadwalk Location
- Established Anchor Tenant
- Strong Demographics
- Heavily Trafficked Area
- Leasing Upside
Executive Summary
Northmarq, as exclusive agent, is proud to offer for sale to qualified investors the opportunity to acquire the fee-simple interest in 25 Broad St in Red Bank, NJ, which presents a rare opportunity to acquire a ±4,400 square foot mixed-use retail property positioned on one of the most prominent corners along the Broadwalk, Red Bank’s vibrant pedestrian-focused retail corridor. Located in the heart of downtown, the property benefits from exceptional visibility, strong pedestrian traffic, and proximity to some of Monmouth County’s most sought-after dining, retail, and cultural destinations.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
4,401 SF
Building Class
C
Year Built
1950
Price
$2,250,000
Price Per SF
$511.25
Cap Rate
9%
NOI
$202,500
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
14’
Building FAR
1.85
Lot Size
0.05 AC
Zoning
MU0 - Mixed-use district allowing residential and commercial uses within manufacturing areas.
Frontage
Property Taxes
| Parcel Number | 39-00028-0000-00007 | Improvements Assessment | $993,000 |
| Land Assessment | $1,203,400 | Total Assessment | $2,196,400 |
Property Taxes
Parcel Number
39-00028-0000-00007
Land Assessment
$1,203,400
Improvements Assessment
$993,000
Total Assessment
$2,196,400
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