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Matawan Mall - 952 NJ-34, Matawan, NJ

Auction Live Bid 10/07 - 10/09

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Property Details

  • Price :

  • Square Feet :

  • Cap Rate :

  • Unpriced

  • 20,665

  • N/A

  • NOI :

  • Acres :

  • $222,219

  • 1.50

  • Property Type :

  • Property Status :

  • Retail

  • Auction Live Bid

Investment Highlights

  • 83% Occupied, +/- 20,665 SF Value-Add Strip Center on Route 34 in Matawan, Monmouth County, New Jersey
  • Anchored by Dunkin' - Well Established Multi-Unit Franchisee 
  • VALUE-ADD OPPORTUNITY - Tenants Purposefully Left on Month-to-Month Leases for Potential Redevelopment/Repurposing
  • 11 Tenants - No Tenant Occupying More Than 11% of Total GLA - Mitigating Landlord Risk
  • 1.5 Miles to NJ Transit 
  • Over 21,000 Vehicles Per Day on Route 34
  • Large 1.5 Acre Lot – Additional Parking in Rear
  • Located at the Signalized Intersection of  Route 34 and County Road 516
  • Easy Access to Route 79 & Garden State Parkway
  • Excellent Demographics: Over 147,000 People Within 5 Miles, Average Household Income Over $135,000
  • Nearby National Tenants Include: ShopRite, Stop & Shop, CVS, Walgreens, Starbucks, Taco Bell, TD Bank, Chase Bank & McDonald's