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Property Detail

Wrangle Brook Road
Do not miss this opportunity to acquire a flexibly zoned .
$200,000

Description

9 Wrangle Brook Road presents the market an excellent opportunity to acquire a prominently positioned former bank branch in Toms River, New Jersey, a bedroom suburb of the New York metropolitan area. The building, which is now vacant, was a former PNC Bank Retail Branch. The property totals 2,000 square feet of space and rests on a 0.6-acre parcel fronting the highly trafficked Route 37. The property offers 17 surface parking spaces with a flexible interior, and two drive-thru service lanes. The parcel is zoned Highway Business (HB), opening up a wide range of potential uses, including general retail, restaurants, or general use for professional office space and services. 9 Wrangle Road is an excellent opportunity for a new owner/user to operate a growing business or for an investor to acquire the asset for its immense lease-up upside.

9 Wrangle Brook Road presents the opportunity to capitalize on robust demographics, large traffic counts, regional connectivity, and surrounding daily needs demand drivers. Toms River is a vibrant waterfront community that offers a scenic suburban community in the Manhattan Metropolitan Area. Demographics surrounding the property include a 5-mile population of over 129,000 people who earn roughly $94,000 per household a year, creating a prime pro-spending environment. In 2023 alone, over $1.6 billion was spent across all sectors, presenting a new business with an excellent foothold to grow. The property's location fronting Route 37, a primary commercial corridor that sees 43,000 vehicles per day, creates a readily available consumer base. Critical daily needs demand drivers in the area include a comprehensive list that features Walmart Supercenter, Aldi, Dunkin', Wawa, and Dollar Tree.

Do not miss this opportunity to acquire a flexibly zoned, drive-thru retail asset ideal for a new owner/user, investor, or developer.

Property tours are available by appointment only. Please contact the broker to schedule.

Retail with Drive-Thru and High Visibility

Listing ID : 00536

SKU: 536

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Price History

DateEventPrice
December 2 2024Listed$200,000.00