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Capital Lighting Shopping Center 353 State Route 35 40,250 SF 100% Leased Retail Building Eatontown, NJ 07724 $11,900,000 ($295.65/SF)

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Investment Highlights

  • Situated directly on Route 35, a major thoroughfare with strong daily traffic counts and excellent signage opportunities.
  • Easy access to major highways including Route 18 and the Garden State Parkway, enhancing regional connectivity.
  • Surrounded by national retailers, shopping centers, and service businesses, making it ideal for retail, restaurant, or service-oriented tenants.
  • On-site parking supports customer convenience and employee access.

Executive Summary

Also available for lease

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Building Size
40,250 SF
Building Class
B
Year Built/Renovated
1974/2006
Price
$11,900,000
Price Per SF
$295.65
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.26
Lot Size
3.51 AC
Zoning
BPI - Commercial uses including retail, office, medical office
Parking
120 Spaces (2.98 Spaces per 1,000 SF Leased)
Frontage
264’ on Rt 35

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 30,015 SF
  • Retail
  • Outparcel
  • 30 Days

40,250 square feet - Divisible

  • 1st Floor
  • 10,235 SF
  • Retail
  • Outparcel
  • 30 Days
Space Size Space Use Position Available
1st Floor 30,015 SF Retail Outparcel 30 Days
1st Floor 10,235 SF Retail Outparcel 30 Days

1st Floor

Size
30,015 SF
Space Use
Retail
Position
Outparcel
Available
30 Days

1st Floor

Size
10,235 SF
Space Use
Retail
Position
Outparcel
Available
30 Days

1st Floor

Size 30,015 SF
Space Use Retail
Position Outparcel
Available 30 Days

40,250 square feet - Divisible

1st Floor

Size 10,235 SF
Space Use Retail
Position Outparcel
Available 30 Days

Nearby Major Retailers

Tiger Schulmann's Martial Arts
Olive Garden
Buffalo Wild Wings
Whole Foods
Planet Fitness
STRONG Pilates
Coffee Beanery
Starbucks
Valley National Bank
Outback Steakhouse

Property Taxes

Property Taxes

Parcel Number
12-03801-0000-00018
Land Assessment
$3,674,000
Improvements Assessment
$3,345,400
Total Assessment
$7,019,400
  • Listing ID: 38373670

  • Date on Market: 11/7/2025

  • Last Updated:

  • Address: 353 State Route 35, Eatontown, NJ 07724

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