Neptune City Medical Arts Building 2100 Corlies Ave 33,272 SF 100% Leased Office Building Neptune, NJ 07753 $20,931,821 CAD ($629.11 CAD/SF) 5.44% Cap Rate

Located adjacent to a Top 5 Hospital in New Jersey! Hackensack Meridian Jersey Shore University Medical Center is a leading academic medical center and the only Level I Adult and Level II Pediatric Trauma Center in Monmouth and Ocean Counties. Proving how special and rare this location truly is.
2100 Corlies Avenue is a 100%, fully leased Class-A Medical Office Condominium spanning ±33,272 square foot unit is 100% leased to a group of eight medical tenants, including nationally recognized healthcare providers and specialized practices. All tenants are on triple-net (NNN) leases, offering investors long-term, passive income with limited operational responsibilities and built-in rental growth through annual escalations. There is opportunity for a practice to take over space as leases come due for an end user with strong income from existing tenants as well as increased exposure in this rare medical corridor.
Superbly built in 2009, the Neptune Medical Arts Building features institutional-grade construction, efficient layouts, and high-quality tenant buildouts tailored to clinical and diagnostic use. The existing tenant roster includes anchor tenants such as Hackensack Meridian Health, the Neurosurgery Institute, and Rebirth Recovery—each with significant investment in infrastructure, reinforcing their long-term commitment to the space. Many of the current tenants have been in occupancy since the building’s completion, underscoring the property’s strong retention history and the critical nature of the location.
The building is organized as a two-unit commercial condominium. Unit #1 is owned and occupied by Jersey Shore Imaging, which manages its own interior improvements and contributes to CAM and shared grounds maintenance. Unit #2—the subject of this offering—functions as a fully independent investment asset, delivering reliable income from a multi-tenant rent roll with staggered lease maturities and a history of renewals.
The property’s ±4.338-acre site includes 195 surface parking spaces, significantly exceeding code requirements and providing a major competitive advantage in the medical office sector.
This asset combines stable cash flow, high-quality tenancy, and long-term growth potential in a premier medical location. Suited for private investors, 1031 exchange buyers, most notably, end users or healthcare groups seeking a strategic foothold near one of the most prominent hospitals in the region.ocated adjacent to a Top 5 Hospital in New Jersey, The Neptune Medical Arts Building, a fully leased Class-A medical office condo located across from Jersey Shore University Medical Center—a leading regional hospital and trauma center—this ±33,272 square foot unit is 100% leased to a diverse group of eight medical tenants, including nationally recognized healthcare providers and specialized practices. All tenants are on triple-net (NNN) leases, offering investors long-term, passive income with limited operational responsibilities and built-in rental growth through annual escalations. There is opportunity for a practice to take over space as leases come due for an end user with strong income from existing tenants as well as increased exposure in this rare medical corridor.
Superbly built in 2009, the Neptune Medical Arts Building features institutional-grade construction, efficient layouts, and high-quality tenant buildouts tailored to clinical and diagnostic use. The existing tenant roster includes anchor tenants such as Hackensack Meridian Health, the Neurosurgery Institute, and Rebirth Recovery—each with significant investment in infrastructure, reinforcing their long-term commitment to the space. Many of the current tenants have been in occupancy since the building’s completion, underscoring the property’s strong retention history and the critical nature of the location.
The building is organized as a two-unit commercial condominium. Unit #1 is owned and occupied by Jersey Shore Imaging, which manages its own interior improvements and contributes to CAM and shared grounds maintenance. Unit #2—the subject of this offering—functions as a fully independent investment asset, delivering reliable income from a multi-tenant rent roll with staggered lease maturities and a history of renewals.
The property’s ±4.338-acre site includes 195 surface parking spaces, significantly exceeding code requirements and providing a major competitive advantage in the medical office sector.
This asset combines stable cash flow, high-quality tenancy, and long-term growth potential in a premier medical location. Suited for private investors, 1031 exchange buyers, most notably, end users or healthcare groups seeking a strategic foothold near one of the most prominent hospitals in the region.The Neptune Medical Arts Building, a fully leased Class-A medical office condo located across from Jersey Shore University Medical Center—a leading regional hospital and trauma center—this ±33,272 square foot unit is 100% leased to a diverse group of eight medical tenants, including nationally recognized healthcare providers and specialized practices. All tenants are on triple-net (NNN) leases, offering investors long-term, passive income with limited operational responsibilities and built-in rental growth through annual escalations. There is opportunity for a practice to take over space as leases come due for an end user with strong income from existing tenants as well as increased exposure in this rare medical corridor.
Superbly built in 2009, the Neptune Medical Arts Building features institutional-grade construction, efficient layouts, and high-quality tenant buildouts tailored to clinical and diagnostic use. The existing tenant roster includes anchor tenants such as Hackensack Meridian Health, the Neurosurgery Institute, and Rebirth Recovery—each with significant investment in infrastructure, reinforcing their long-term commitment to the space. Many of the current tenants have been in occupancy since the building’s completion, underscoring the property’s strong retention history and the critical nature of the location.
The building is organized as a two-unit commercial condominium. Unit #1 is owned and occupied by Jersey Shore Imaging, which manages its own interior improvements and contributes to CAM and shared grounds maintenance. Unit #2—the subject of this offering—functions as a fully independent investment asset, delivering reliable income from a multi-tenant rent roll with staggered lease maturities and a history of renewals.
The property’s ±4.338-acre site includes 195 surface parking spaces, significantly exceeding code requirements and providing a major competitive advantage in the medical office sector.
This asset combines stable cash flow, high-quality tenancy, and long-term growth potential in a premier medical location. Suited for private investors, 1031 exchange buyers, most notably, end users or healthcare groups.