Merrill Lynch (Investment Grade Tenant) 2504 Highway 35 15,000 SF Office Building Manasquan, NJ 08736 $4,864,000 ($324.27/SF)

2504 NJ-35 presents an opportunity to acquire a fully leased office investment occupied by Merrill Lynch, a wholly owned subsidiary of Bank of America and one of the most recognized wealth management firms in the United States. Situated on approximately 1.83 acres along Route 35 in the Manasquan and Wall Township market, the property combines institutional tenancy with a highly visible location within one of Monmouth County’s established commercial corridors.
The two-story office building contains approximately 12,000 square feet, plus a 3,000-square-foot basement, and is supported by 68 parking spaces, providing a parking ratio of approximately 5.7 spaces per 1,000 square feet. The site benefits from frontage along Route 35, where traffic counts are reported at approximately 25,800 vehicles per day, enhancing visibility and accessibility for office users and visitors. The surrounding area includes a mix of financial institutions, service providers, and nationally recognized retailers, including Chase Bank, Wawa, McDonald’s, and Ace Hardware.
Regional connectivity is supported by proximity to Route 34, the Garden State Parkway, Route 18, and Interstate 195, providing convenient access throughout Monmouth County, the Jersey Shore region, and major population centers including New York City and Philadelphia. The property is positioned within an affluent coastal market characterized by limited commercial development, established residential neighborhoods, and strong long-term demand fundamentals.
The combination of an investment-grade tenant, established office improvements, significant parking capacity, and a well-located parcel within a supply-constrained market creates a compelling investment opportunity supported by both tenancy and underlying real estate value.