Shore Casual American Made Furniture Leases 30,015 SF Retail Space In Eatontown From Capitol Lighting
353 Nj-35 Eatontown, Nj 07724
Building Size
30,015 SF
Asset Type
Retail
Closing
Apr 27, 2026
AI
The property involved in this transaction is a retail space located at 353 NJ-35 in Eatontown. The asset type is specifically designated as retail. The lease has been signed for 30,015 square feet, which was previously occupied by Value City Furniture. This transaction maintains the site's historical use as a furniture retail space, introducing Shore Casual American Made Furniture as a significant new tenant at this location, thereby establishing it as a new anchor along with Capitol Lighting.
Summary of transation details:
- Property Type: Retail Lease
- Transaction Amount: Not specified
- Address: 353 NJ-35
- Market: Eatontown
- Landlord: Capitol Lighting
- Tenant: Shore Casual American Made Furniture
- Landlord's Representative: Jacob Bijou & William Farkas - Catalyst Real Estate Partners
- Tenant's Representative: Chelsea Reizner - R.J. Brunelli & Co
- Remaining Availability: 2,849 SF retail space
Jacob Bijou and William Farkas of Catalyst Real Estate Partners represented the landlord, ensuring that the transition of the space to Shore Casual Furniture aligns with the property's historical identity. Meanwhile, Chelsea Reizner of R.J. Brunelli & Co. provided representation for the tenant throughout the leasing process. For additional leasing information, inquiries can be directed to Jacob or Bill.
Players
Eatontown Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93