7 W Main St - Storefront Retail/Office FOR SALE


Freehold, NJ 07728
$2,400,000 USD
732-750-3000
7 W Main St, Freehold, NJ for Sale
$2,400,000 USD
Storefront Retail/Office - FOR SALE
1/6
null | Request Cap Rate

7 W Main St
Freehold, NJ 07728


HIGHLIGHTS

  • First time on the market in 30 years
  • CVS has occupied the space since 1995
  • CVS pays real estate taxes, insurance, utilities and all other repairs and maintenance for entire building
  • Owner is responsible only for the roof, siding and parking lot
  • CVS just exercised their extension for another 5 years starting February 2025
  • 2nd floor space rented well below market

OVERVIEW

The property is a three-story building with CVS occupying the 1st floor, an art gallery occupying the 2nd floor and an unfinished/vacant 3rd floor.

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/SF

$175 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,326 SF

ZONING

C-0

APN/PARCEL ID

16-00036-0000-00019

ASK ABOUT THIS PROPERTY

Daniel LanniKislakMore Info
732-750-3000

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Daniel LanniKislakMore Info
732-750-3000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.