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660 Highway 35 6,696 SF Retail Building Middletown, NJ 07748 $2,500,000 ($373.36/SF)

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INVESTMENT HIGHLIGHTS

  • 2 Property Package
  • 109’ Frontage on Rt 35
  • Rare Investment
  • Passive NN Lease
  • 40,934 VPD Exposure
  • Property Package

EXECUTIVE SUMMARY

660 Route 35 & 16 Gillville Lane presents a unique investment package opportunity to own an expansive commercial building with a long term lease located along Route 35 AND a detached residential property that can be utilized by an owner/user or for future investment. Compact Auto Body has over 7 years remaining on their initial lease term with (2) 5 year options to renew. Compact Auto is a part of Vive Collision, which has over 55 locations throughout the northeast. The property is positioned on Route 35 with over 40,000 Vehicles Per Day exposure and among many national tenants.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Building Size
6,696 SF
Building Class
C
Year Built
1960
Price
$2,500,000
Price Per SF
$373.36
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
0.77 AC
Zoning
B-3 - Business Zone
Parking
32 Spaces (4.78 Spaces per 1,000 SF Leased)
Frontage
109’ on Route 35

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Compact Auto - Vive
  • -
  • 6,300 SF
  • -
  • Double Net
  • Jan 2032
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Compact Auto - Vive - 6,300 SF - Double Net Jan 2032

NEARBY MAJOR RETAILERS

Goldfish Swim School
CrossFit
Valley National Bank
Outback Steakhouse
freshii
Oceanfirst Bank
PNC Bank
Orangetheory Fitness
Tiger Schulmann's Martial Arts
Planet Fitness

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
32-00869-0000-00108
Land Assessment
$631,400
Improvements Assessment
$179,300
Total Assessment
$810,700
  • Listing ID: 35502792

  • Date on Market: 4/16/2025

  • Last Updated:

  • Address: 660 Highway 35, Middletown, NJ 07748

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