516 Duquesne Boulevard

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516 Duquesne Boulevard

Brick Township, NJ 08723
Asking Price
$1.65M
Asset Type
Retail
Class
Class B

What's Special

516 Duquesne Boulevard is situated in a prominent commercial corridor within Brick Township, New Jersey. The property is located near the intersection of Duquesne Boulevard and Route 70, a primary state highway that facilitates regional connectivity throughout Ocean County. The surrounding neighborhood is characterized by a high density of residential developments and established retail centers. Nearby amenities include national big-box retailers, grocery stores, and various dining options. Access to the site is supported by proximity to the Garden State Parkway, offering a streamlined transit route for both local residents and regional commuters. This retail asset is suited for businesses seeking visibility within a high-traffic suburban trade area. Ideal use cases include community-oriented retail, medical suites, or professional services that benefit from easy vehicular access. Typical tenants for this location include local service providers, boutique retailers, or satellite offices for regional healthcare groups. The property’s positioning caters to a stable demographic profile, making it a functional space for businesses requiring a blend of local neighborhood engagement and regional accessibility.

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NOI
$80,000
Cap Rate
4.85%
DSCR
0.82
Underwater
Cash-on-Cash
-3.63%
Monthly Payment
$8,163.3
Annual Cash Flow
$-17,959.597

Location & Travel Times