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102 Heritage Valley Dr
Sewell, NJ 08080
Medical Clinic Sale-leaseback · Office Property For Sale

Investment Highlights

  • New 15-year sale-leaseback with premier medical group
  • 116,156 population in 5-mile radius
  • $115,158 average household income area

Property Facts

Property Type
Office
Property Subtype
Medical
Building Size
3,600 SF
Building Class
A
Year Built/Renovated
2003/2019
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
3,600 SF
Slab To Slab
8’
Building FAR
0.05
Lot Size
1.58 AC
Zoning
O-1
Parking
20 Spaces (5.55 Spaces per 1,000 SF Leased)

About 102 HERITAGE VALLEY DR , SEWELL, NJ 08080

15-year absolute NNN lease, sale-leaseback with 2% annual rental increases. Tenant is very successful medical practice with four locations in South Jersey. Tenant entities to make all repairs, including roof, structure, HVAC Systems and parking lot. Tenant entities to be responsible for their pro-rata share of all capital improvements and replacements. Tenant entities to directly pay all utilities. Tenant entities to reimburse landlord for all property taxes and insurance. Located in a growing Philadelphia market. Gloucester County is located south of Philadelphia and northwest of Atlantic City. It is part of the Camden, New Jersey Metropolitan Division of the Philadelphia, Camden, Wilmington MSA as well as the Delaware Valley CSA. PRINCIPALS ONLY

Property Taxes

Property Taxes

Parcel Number
18-00054-01-00007-05
Land Assessment
$271,300
Improvements Assessment
$190,700
Total Assessment
$462,000
  • Listing ID: 19255992

  • Date on Market: 4/17/2020

  • Last Updated:

  • Address: 102 Heritage Valley Dr, Sewell, NJ 08080

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