10-Year Surgery Center | 2% Annual 2 Office Properties Offered at $7,316,384 in Multiple Locations
INVESTMENT HIGHLIGHTS
- Healthcare properties are sought after for their resistance to recessions and e-commerce.
- Having nearly 10 years remaining on lease term makes this a stable long-term investment for investors.
- In 2009, New Jersey implemented a moratorium on the development of new, non-hospital-affiliated Ambulatory Surgical Centers (ASCs).
- The lease features 2% annual rent increases, providing investors with growing cash flow and a hedge against inflation.
- Sought-after assets in New Jersey due to the statewide moratorium and the high costs of development.
- The subject property at 1700 Whitehorse Hamilton Square Rd. had the roof and parking lot replaced in 2024.
EXECUTIVE SUMMARY
Broker of Record
Patrick Graham
License No. 2330333 (NJ)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
52 Park Avenue,
Suite B5, Park Ridge NJ 07656
Patrick Graham
License No. 2330333 (NJ)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
52 Park Avenue,
Suite B5, Park Ridge NJ 07656
PROPERTY FACTS
| Price | $7,316,384 |
| Price / SF | $259.17 / SF |
| Cap Rate | 7.80% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 28,230 SF |
| Total Land Area | 2.20 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 2087-2097 Klockner Rd, Trenton, NJ 08690 | Office | 7,745 SF | 1988 | - |
| 1700 Whitehorse Hamilton Squar Rd, Hamilton, NJ 08690 | Office | 20,485 SF | 1970 | - |
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