Retail Space Rents in Jersey Shore, NJ
Rent costs for this type of commercial space depend on a variety of factors. The foremost of these is location, which will dictate how accessible a business is and how much foot traffic it gets. Other factors, such as space type and lease structure, also come into play. On average, retail space for lease in Jersey Shore asks $30.36 per square foot.
Retail Space Lease Types in Jersey Shore, NJ
The most common type of lease agreement you’ll find here is NNN, with 22 space(s) available under this type of arrangement.
The local market is also home to 3 retail space(s) offered under a Full Service lease agreement type, and 2 NNN Lease listing(s).
Most Common Type of Lease for Retail Buildings in Jersey Shore, NJ
- NNN
22
- Full Service
3
- NNN Lease
2
Average Size of Retail Space for Lease in Jersey Shore, NJ
The average size for this type of rental opportunity in Jersey Shore is 1,000 sqft to 2,500 sqft. Currently, the local market offers 101 listing(s) within that size range.
You can also search 87 listing(s) in the more than 5,000 sqft range.
It should be noted that spaces in this real estate category are generally specialized to cater to the needs of a particular business, so the average sizes of different retail space types can vary greatly.
Retail Space Types You Can Lease in Jersey Shore, NJ
Retail space in Jersey Shore comes in all types, shapes, and sizes, so you have a good chance to find the right space for your business. The most common type here is listed as Restaurant and you can find 9 such space(s) available.
Restaurant spaces listed for rent here have an average size of 4,550 square feet. Retail space specialized for restaurants usually includes ample seating areas and enough room for the safe preparation of food. Restaurant spaces may be embedded in a larger mall or can be freestanding buildings.
The local market is also home to 8 space(s) listed as Power Center. The average size you can expect to find for this category is 9,002 square feet. Power centers bring together large anchor tenants as well as smaller retail spaces for other businesses that want a piece of the great foot traffic that this type of shopping center can generate.
What’s more, you can find 2 listing(s) in the Freestanding category, currently available in the average size of 31,320 square feet. Freestanding retail spaces or buildings are a great choice for businesses that need more room to carry out their day-to-day operations and want to stand out. Being located on their own lot and generally featuring more generous showroom and storage space than other such space types, freestanding retail offers tenants the leeway to build the experience they want.
However, besides these popular subtypes, the market has a lot to offer for entrepreneurs looking for the right space to promote their business and get their goods to customers.
Top Locations to Lease Retail Space in Jersey Shore, NJ
In general, the most successful retail businesses are located within relatively close proximity of each other, which leads to some neighborhoods becoming famous shopping destinations. Even in the case of suburban strip malls, the simple fact that so many different products can be purchased under the same roof can encourage customers to spend more.
Southard is your top choice for lease opportunities, as it is currently home to the highest number of listings — 20 retail space(s).
The most popular space type here is Power Center.
You can find 7 such listing(s) here.
Jersey Shore’s second most popular area is Mechanicsville, where you can find 13 retail listing(s).
The most likely type of space you can rent here is Restaurant.
If this is the kind of property you are looking for, you will find 4 listing(s) available here.
Carrs Corner is also among the best areas to search for your next commercial space. Here you can find 9 retail space(s) available for consideration by prospective tenants.
Key Factors to Consider When Choosing a Retail Space for Lease
When you’re looking to give your business a storefront, there are a lot of decisions to be made. The first choice is, of course, location. You’ll have to decide whether your business would operate better in the heart of the city or if it is more likely to thrive in a suburban setting.
How much space do you think you will need? A smaller, more specialized business may find a mall space to be more than accommodating, but if you’re looking to set up a business like a diner, car wash, or furniture store, a freestanding space or big box retail space in a shopping center may be more appropriate.
Data based on retail spaces listed for rent on CommercialSearch.com
1150 US Highway 9 , Wyckoff Mills, Howell, NJProperty
4403 East Black Horse Pike, Mays Landing, Hamilton, NJ
1156 US Highway 9, Wyckoff Mills, Howell, NJProperty
3567 Route 66, Hamilton, Neptune, NJ
1300 Ocean Avenue, Asbury Park, NJ
5313 Route 9, Southard, Howell, NJ
321 Broad Street, Matawan, NJProperty
3710 Route 9, Freehold, NJProperty
403-417 Higgins Avenue, Brielle, NJ
500 Route 35, Town Brook, Red Bank, NJ