650 Trotters WayFreehold, NJ 07728
- Super regional malls
- 825,686 SF
Property Details for 650 Trotters Way
- Year built
- 1990
- Lot size
- 151.47 AC
- Property size (Sq ft)
- 825,686 SF
- Zone code
- 575
- Property type
- Super regional malls
- APN
- 17 00069- 01-00018- 01
- APU
- 1700069010001801
Description
This exceptional retail property, located at 650 Trotters Way in Freehold, New Jersey, offers an unparalleled opportunity for businesses seeking a prominent location in Monmouth County. The property boasts a total of 96,061 square feet, encompassing two suites within a multi-tenant building. Currently, a significant portion of the space, totaling 96,951 square feet, is available for lease. Businesses can lease a minimum of 47,069 square feet, with a maximum contiguous space of 49,882 square feet. This presents a unique opportunity for large-format retailers or businesses requiring substantial space. The property's strategic location in Freehold, NJ, 07728, ensures high visibility and accessibility. Ample parking is provided with 6,000 spaces available for tenants and customers. The property is classified as commercial retail and is ideal for businesses seeking a substantial presence in a thriving market. This is a rare opportunity to secure a significant retail space in a highly desirable location. Contact us today to learn more about leasing options and explore the possibilities for your business at this exceptional Freehold retail center.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $172,527,000
- 6.5%
- $159,256,000
- 7%
- $147,881,000
-
Comparable approach
- Method
- Valuation
- Relative Method
- $112,199,000
- Geo Method
- $112,199,000
-
Alternative Use
- Use
- Valuation
- Industrial / Distribution
- $308,273,000
- Mixed-Use / Specialty
- $159,614,000
- Hospitality / Lodging
- $118,310,000
- Office
- $159,631,000
- Institutional / Educational
- $166,266,000
- Residential Income
- $194,531,000
- Multifamily
- $228,175,000
- Automotive / Energy
- $142,513,000
- Parking / Income-Based Land
- $48,264,600
- Restaurant / Food Service
- $84,993,400
- Healthcare / Senior Housing
- $162,732,000
Location Insight
- City
- Freehold
- County
- Monmouth
- State
- New Jersey
- Latitude
- 40.2531
- Longitude
- -74.3
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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- Please email our support team at [email protected] and they will add the team member.
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