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353 Nj-35 Eatontown, Nj 07724

Shore Casual American Made Furniture Leases 30,015 SF Retail Space In Eatontown From Capitol Lighting
LEASEDRetail

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:

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

William Farkas

Catalyst Real Estate Partners

Broker

$42.9M

vol

9 deals

Broker
CL
Capitol LightingLandlord
SF
Shore Casual American Made FurnitureTenant

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