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310 Egg Harbor Rd 4,100 SF Office Building Sewell, NJ 08080 $980,000 ($239.02/SF) 7% Cap Rate
INVESTMENT HIGHLIGHTS
- Single tenant, freestanding Relievus pain management tenant located at the intersection of Egg Harbor Road (18,639 vehicles per day) and Hurffville Ro
- There are currently 6 years remaining on the lease agreement which includes annual rent escalations of 3%.
- The surrounding area boasts a strong affluent demographic profile, with over 57,000 residents with an average household income of $147,000 residing wi
- The lease is fully guaranteed by Clearway Pain Solutions, the parent company of Relievus, which operates over 70+ locations. Relievus has been success
- The site is conveniently located just 2 miles away from Jefferson Washington Township Hospital, a private bed facility with over 180 beds. The hospita
- The property is strategically positioned between the Atlantic City Expressway (74,223 vehicles per day) and Route 55 (64,143 vehicles per day). These
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
4,100 SF
Building Class
B
Year Built/Renovated
1989/2000
Price
$980,000
Price Per SF
$239.02
Cap Rate
7%
NOI
$68,600
Tenancy
Single
Building Height
1 Story
Typical Floor Size
4,100 SF
Building FAR
0.10
Lot Size
0.94 AC
Zoning
PR1
Parking
24 Spaces (5.85 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
- Wheelchair Accessible
- Monument Signage
1 1
PROPERTY TAXES
| Parcel Number | 18-00194-30-00004 | Improvements Assessment | $543,200 |
| Land Assessment | $163,800 | Total Assessment | $707,000 |
PROPERTY TAXES
Parcel Number
18-00194-30-00004
Land Assessment
$163,800
Improvements Assessment
$543,200
Total Assessment
$707,000
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310 Egg Harbor Rd
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