Type: Company
Price: $2,500,000
Location: Vineland, New Jersey
Address: 1103 W SHERMAN AVENUE, Vineland, NJ, 08360
Zip: 8360
Property size: 439082 square feet
Condition: Used
For sale by: Broker
Agent: Hader Rivas
This is a 3-unit medical office building (Building #2) in a centrally located professional campus and within a 2 minute ride to Inspira Medical Center and Rt 55.
It offers 10,000 /-SF, and currently fully occupied with long term tenants, and fetching approximately $16,000/month in rent, all NNN. Each unit is large and aptly appointed for medical
practices to conduct business. Building is in excellent condition and parking is more than ample. Some details about the three units included in the sale: Unit 2A: Currently owner occupied and (they are looking to stay) paying $6k/month rent with no lease.
There is a large waiting room with reception/front office area, 4 exam rooms, an office, file room, large lab room, bathroom, employee room, kitchen, utility room with closet and storage space. Unit 2B: Tenant is currently in their 6th year of a 10-year lease paying $5,489 monthly. This unit has 6 exam rooms, 2 operating rooms, a lab, reception area, dining room and 4 baths. Unit 2C: Currently renting $4,830/month on a year-to-year
lease. There are 5 examination rooms, a manager’s room, nutritionist room, 2 doctors’ offices, 3baths - one with shower, also a billing room and kitchen. We invite you to tour this great location and see for yourself what a fantastic investment opportunity it is.
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