Commercial Real Estate in Wayne available for lease

2 Day Care Centers for Lease in Wayne, NJ, USA

Day Care Centers for Lease in Wayne, NJ, USA

Day Care Centers for Lease within 10 kilometers of Wayne, NJ, USA

More details for 1225 McBride Ave, Woodland Park, NJ - Office/Medical for Lease

Passaic Valley Medical Center - 1225 McBride Ave

Woodland Park, NJ 07424

  • Day Care Center
  • Office/Medical for Lease
  • $34.79 CAD SF/YR
  • 10,170 SF
  • 1 Space Available Now

Woodland Park Office/Medical for Lease - Passaic Rt 46/23

THIS IS A CLASS-A MEDICAL OFFICE FACILITY WITH OVER FIFTEEN TENANTS, ANCHORED BY SUMMIT CITYMD. DURING THE PANDEMIC, WHEN ALL OFFICE ACTIVITY WAS AT A STANDSTILL, THIS BUILDING ATTRACTED ONE OF THE LEADING MEDICAL FACILITIES TO MAKE THIS THE HEADQUARTERS FOR THEIR LAB. THE IMPORVEMENTS WHICH WERE DONE TO BRING A TENANT LIKE CITYMD HAS SHOT UP THE ASSET VALUE OF THE PROPERTY. TO HIGHLIGHT SOME OF THE FEW VERY STRONG TENANTS LIKE WOODLAND PARK DIALYSIS CENTER, ST. JOSEPH’S HOSPITAL, ENGLEWOOD HOSPITAL, AND HEART & VASCULAR (PASSAIC VALLEY MEDICAL CENTER) THE BUILDING IS 187,650 +/- SF AND CURRENTLY 94% +/- OCCUPIED AND IS PROJECTED TO BE 100% OCCUPIED with all medical tenants BY THE TIME OF THE ACQUISITION. THE BUILDING HAS EXCELLENT UNDERLYING FUNDAMENTALS AND CASH FLOW. THIS PROPERETY IS IN A HIGHLY SOUGHT OUT LOCATION SITUATED ON 10+ ACRES WITH AMPLE PARKING

Contact:

Coldwell Banker Commercial Realty

Property Type:

Office

Date on Market:

2025-11-21
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