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Investment Highlights

  • Great Location - Across the Street from Inspira Health Center and close proximity to SR 55, Route 49, Landis Avenue and SR 77
  • Professionally Managed
  • Abundant Private Parking Area - 90 Spaces with Lighting
  • Perfect Value-Add Investment Opportunity

Executive Summary

Attention Savvy Investors... Looking for a durable investment property to add your to real estate portfolio or a replacement property to complete a 1031 tax deferred exchange, then look no further. Check out this 20,500 +/- SF steel-frame, brick office/medical building sitting on about 2.25 +/- acres on a prime corner lot across the street from Inspira Health Center. The building is loaded with amenities - 90 parking spaces including handicapped and van accessible, Verizon Fios and Cable fiber optic with multiple ports available for every suite, fully renovated common areas, surveillance camera with 16/32 channels throughout common areas and entire property, There is a gas line available for the private generator and underground sprinkler system throughout the entire lot. The property has been professionally managed with flexible and extended hours of operation and the parking lot lights are all LED energy efficient. Very convenient location - minutes off Route 49, Landis Avenue (SR 56), Route 77 and SR 55. Thinking outside the box - other potential uses subject to approval could be residential apartments, indoor sports events, storage facility and more... Great "value-add" real estate investment opportunity. Invest in your future today. Don't let this investment opportunity slip by you.

Property Facts Under Contract

Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
20,500 SF
Building Class
B
Year Built/Renovated
1978/2023
Price
$2,860,536 CAD
Price Per SF
$139.54 CAD
Cap Rate
5.89%
NOI
$168,529 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
10,250 SF
Building FAR
0.21
Lot Size
2.25 AC
Zoning
C-3
Parking
90 Spaces (5.06 Spaces per 1,000 SF Leased)

Amenities

  • Security System
  • Signage
  • Air Conditioning
  • Fiber Optic Internet

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 1st Fl-Ste 4&5
  • 1,875 SF
  • Office/Medical
  • Full Build-Out
  • 30 Days
Space Size Space Use Build-Out Available
1st Fl-Ste 4&5 1,875 SF Office/Medical Full Build-Out 30 Days

1st Fl-Ste 4&5

Size
1,875 SF
Space Use
Office/Medical
Build-Out
Full Build-Out
Available
30 Days
Somewhat walkable
30/100
Very drivable
80/100
Limited public transit
20/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
01-00106-0000-00001
Land Assessment
$55,304 CAD
Improvements Assessment
$1,306,856 CAD
Total Assessment
$1,362,160 CAD
  • Listing ID: 32052951

  • Date on Market: 2024-06-07

  • Last Updated:

  • Address: 105 Manheim Ave, Bridgeton, NJ 08302

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