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Tangled Up In Green 500 Rt-35 S 4,300 SF Retail Building Neptune, NJ 07753 $899,000 ($209.07/SF)
INVESTMENT HIGHLIGHTS
- High Visibility
- Low Maintenance
- Freestanding
EXECUTIVE SUMMARY
Presenting 500 State Route 35 S, Neptune, NJ — A Retail Investment Property
-4,300 sq ft of freestanding retail highway space leased to "Tangled Up In Green"
(Lease Terms: 1) 3,500 per month gross, 2)Expiration - 12/31/2026, 3)Three Year Option to Renew),
-Lot size ~.1591 acres on a asphalt lot with no outdoor maintenance required,
-Built circa 1945, this building is in a C-7 Zone approved for a smokeshop,
-148' of frontage on State Route 35 with a traffic count of 20,053 vehicles,
-High visibility and easy access to major routes including Routes 33, 66, 71 & 138,
-Situated in Neptune Township, Monmouth County, just minutes from the Jersey Shore, local dining, shopping, and transit.
-4,300 sq ft of freestanding retail highway space leased to "Tangled Up In Green"
(Lease Terms: 1) 3,500 per month gross, 2)Expiration - 12/31/2026, 3)Three Year Option to Renew),
-Lot size ~.1591 acres on a asphalt lot with no outdoor maintenance required,
-Built circa 1945, this building is in a C-7 Zone approved for a smokeshop,
-148' of frontage on State Route 35 with a traffic count of 20,053 vehicles,
-High visibility and easy access to major routes including Routes 33, 66, 71 & 138,
-Situated in Neptune Township, Monmouth County, just minutes from the Jersey Shore, local dining, shopping, and transit.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,300 SF
Building Class
C
Year Built
1945
Price
$899,000
Price Per SF
$209.07
Tenancy
Single
Building Height
1 Story
Building FAR
0.62
Lot Size
0.16 AC
Zoning
C-7 - The C-7 Zone District provides for business uses appropriate to the Route 35 highway corridor of Neptune Township situated south of the West Lake Ave.
Parking
12 Spaces (2.79 Spaces per 1,000 SF Leased)
Frontage
Walk Score®
Very Walkable (82)
Bike Score®
Very Bikeable (73)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 35-00411-0000-00001 | Improvements Assessment | $127,900 |
| Land Assessment | $263,700 | Total Assessment | $391,600 |
PROPERTY TAXES
Parcel Number
35-00411-0000-00001
Land Assessment
$263,700
Improvements Assessment
$127,900
Total Assessment
$391,600
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Tangled Up In Green | 500 Rt-35 S
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