34 Leonardville Rd - Freestanding FOR SALE


Middletown, NJ 07748- Aberdeen/Hazlet/Middletown
$1,575,000 USD
732-415-7503
34 Leonardville Rd, Middletown, NJ for Sale
$1,575,000 USD
Freestanding - FOR SALE
1/4
null | 7.31% Cap Rate

34 Leonardville Rd
Middletown, NJ 07748
Aberdeen/Hazlet/Middletown


HIGHLIGHTS

  • Strategic Retail Location
  • Gateway to the Jersey Shore
  • Exceptional Demographics

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase a multi-tenant retail center located at 34 Leonardville Road in Middletown Township, New Jersey (the “Property”). The well-maintained plaza was constructed in 1980 and is improved by a 4,669 square foot building on 0.88-acres of land spread over two parcels. The retail center is 100% leased to seven (7) tenants that cater to the needs of the area residents. The Property offers a stable and secure asset with established tenants. The Property is strategically positioned along Leonardville Road, offering strong frontage and visibility just moments from the commercial node at the intersection with Main Street. Situated between NJ Route 35 and NJ Route 36, two of the area’s primary commercial and commuter corridors, the Property benefits from excellent accessibility within an established trade area. The surrounding area includes densely populated residential neighborhoods and nearby schools, supporting a consistent built-in customer base, along with a mix of national retailers and restaurants that generate steady traffic. The Property is also conveniently located near Sandy Hook Bay, with quick access to Sandy Hook and the Atlantic shoreline, enhancing its appeal. In addition, the site offers strong regional connectivity via NJ Route 35, NJ Route 36, the Garden State Parkway, Middletown Train Station, and the Seastreak Ferry Terminal, providing efficient access throughout the region and to New York City, approximately 25 miles to the north.

FOR SALE DETAILS

PRICE

$1,575,000 USD

PRICE/SF

$329 USD /SF

CAP RATE

7.31%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

34 Leonardville Road

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1956

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.88 AC

LAND SF

38,333 SF

ZONING

-

APN/PARCEL ID

32-00646-0000-00027

ASK ABOUT THIS PROPERTY

Zach NobleHorvath & TremblayMore Info
732-415-7503

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Zach NobleHorvath & TremblayMore Info
732-415-7503

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