Toms River, NJ - 165- 171 Route 37
Mixed Use | 7.35% CAP | 14,500 SqFt
Marketing description
RJBrunelli & Company has been retained by the owner to sell the 100% fee simple interest in Multi-Tenant Strip Center, a 100% occupied strip center located in Toms River, New Jersey, where Route 37 and Hooper Ave connect. The Strip Center is 14,500 square feet, with an estimated 61,000 vehicles per day on Route 37 and 25,000 vehicles per day on Hooper Ave., offering strong exposure. Conveniently close to Seaside Heights (a seasonally busy coastal destination), and accessible via Route 9, Route 35, Route 70, and the Garden State Parkway.
Investment highlights
PRIME LOCATION – Situated on the high-traffic Route 37, offering excellent visibility and access. High daily commuter traffic from nearby residential areas and businesses.
VARIETY OF RETAIL SPACES – Flexible suite sizes, suitable for a range of businesses, from retail to service-oriented tenants. Configurations available for small, medium, and large storefronts.
LOCAL AREA – Located in the heart of Toms River, a densely populated area with a strong mix of residential, commercial, and retail developments. Close proximity to schools, residential neighborhoods, and entertainment venues.
SURROUNDING ATTRACTIONS – Close proximity to the Jersey Shore, popular for its tourism and summer traffic. Easy
access to public transportation and nearby residential communities.
SHOPPING NEARBY – The subject site is just east of the Toms River Shopping Center— anchored by Kohl’s and other well-known retailers—and is also within easy driving distance of the indoor Ocean County Mall and the Walmart Supercenter on Route 37 West.
DEMOGRAPHICS – The area around 165–171 Route 37 in Toms River has a median household income of about $95K, a strong base of homeowners, and a well-educated, predominantly middle-aged population.
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