600 Shrewsbury Ave
Red Bank, NJ 07701
Wendy's · Retail Property For Sale

This Wendy’s property is located at 600 Shrewsbury Avenue in Tinton Falls, New Jersey. The property is strategically positioned in a dense retail corridor consisting of shopping centers, national and local tenants, medical centers, and car dealerships. Major national and local tenants in the area include: CVS, Rite Aid, ACME Market, Trader Joe’s, Staples, Dollar Tree, Marshalls, HomeGoods, McDonald’s, and many others. Monmouth Medical Center, a 513-bed, general and surgical medical facility is located less than six miles east of the subject property. Monmouth University, a private university located along New Jersey’s coastline, is located five miles southeast of the subject property. Monmouth University has a total enrollment of nearly 7,000 students and offers innovative academic programs, small size classrooms, and a nationally ranked division one athletic program. The subject property is located less than four miles west of the Jersey Shore and less than one hour from New York City. The property benefits from its centralized position within a dense retail corridor and proximity to both the New Jersey Coastline and New York City. The subject property is positioned on Shrewsbury Avenue, which experiences average daily traffic counts of 35,610 vehicles. Nearby, Newman Springs Road intersects with Shrewsbury Avenue, which brings an additional 26,875 vehicles to the immediate area per day. There are 8,755 individuals residing within a three mile radius of the subject property and nearly 130,000 individuals within a five mile radius. Tinton Falls is a borough in Monmouth County, New Jersey. The borough is home to the highest waterfall on New Jersey’s coastal plain. The Jersey Shore Premium Outlets, which is in close proximity to the subject property, is an outdoor shopping mall that opened in November 2008 with 120 outlet stores and a food court, offering a gross leasable area of 435,000 square feet. Additionally, the Tinton Falls Solar Farm is a 19.9-megawatt solar photovoltaic power plant covering 100 acres, that contains 85,000 ground-mounted solar panels that has been the state’s largest and was one of the largest solar farms in the northeast United States at the time of its construction. Commvault Systems is a publicly traded data management software company that is also headquartered within the borough.