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420 Front St - Schweiger Dermatology 5,810 SF Health Care Building Offered at $1,971,942 CAD at a 6% Cap Rate in Elmer, NJ 08318
Investment Highlights
- Attractive 2% Annual Rental Increases
- Above-Average Household Incomes
- Positioned Within an Established Medical Corridor
- Rapidly Expanding, Institutional-Caliber Tenant
- Regional Access via US-40
- Surrounded by High-Traffic, Daily-Needs Retail
Executive Summary
Surmount is pleased to present the exclusive listing for a Schweiger Dermatology located at 420 Front Street, Elmer, NJ 08318. The site consists of roughly 5,810 rentable square feet of building space. Schweiger Dermatology is subject to a 15-year Double Net (NN) lease, which commenced 10/1/2021. The current annual rent is $83,610 and has scheduled increases of 2.00% Annually.
Property Facts
| Price | $1,971,942 CAD | Lot Size | 1.08 AC |
| Price Per Bed | $1,971,942 CAD | Building Size | 5,810 SF |
| Sale Type | Investment | No. Beds | 1 |
| Cap Rate | 6% | No. Stories | 1 |
| Property Type | Health Care | Year Built | 2009 |
| Building Class | B |
| Price | $1,971,942 CAD |
| Price Per Bed | $1,971,942 CAD |
| Sale Type | Investment |
| Cap Rate | 6% |
| Property Type | Health Care |
| Building Class | B |
| Lot Size | 1.08 AC |
| Building Size | 5,810 SF |
| No. Beds | 1 |
| No. Stories | 1 |
| Year Built | 2009 |
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Fairly walkable
40/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
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420 Front St - Schweiger Dermatology
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