Shopping Strip
Metro Plaza
179 South St, Freehold, NJ 07728
Listing Price: $6,600,000
Cap Rate
7.00%
Gross SF
28,191
Rentable SF
28,191
Price/Gross SF
$234.12
Lot Size
2.59 acres
Year Built
1954
Investment Overview
Marcus & Millichap is pleased to exclusively present 179 South Street, Freehold, Monmouth County, New Jersey.
Investment Highlights
- No Unit Greater than 13% of the GLA – Mitigating Landlord Risk
- Opportunity to Raise Rents to Market Value and Convert all the Leases to NNN
- Many Tenants have Scheduled Rental Increases and a Long-Standing History at the Center
Exclusively Listed By
Listing Price: $6,600,000
Cap Rate
7.00%
Gross SF
28,191
Rentable SF
28,191
Price/Gross SF
$234.12
Lot Size
2.59 acres
Year Built
1954
Investment Highlights
- No Unit Greater than 13% of the GLA – Mitigating Landlord Risk
- Opportunity to Raise Rents to Market Value and Convert all the Leases to NNN
- Many Tenants have Scheduled Rental Increases and a Long-Standing History at the Center
Investment Overview
Marcus & Millichap is pleased to exclusively present 179 South Street, Freehold, Monmouth County, New Jersey.
Exclusively Listed By

