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Investment Highlights
- Fully leased medical office building offering stable income and upside from below-market lease rates.
- Located approximately three miles from Capital Health Medical Center - Hopewell, strengthening its long-term viability for healthcare-related uses.
- On-site surface parking with 40 spaces, including ADA-accessible spaces for patient and client convenience.
- Prominent signage and visibility in a suburban Town Center zoning district with favorable redevelopment allowances.
- Convenient access to I-295, Route 31, and major regional arteries, providing connectivity to Pennsylvania and Princeton.
- Recently updated systems and finishes, including elevator access and central heating and cooling for modern operational standards.
Executive Summary
Fully leased medical office building in excellent condition, 3 miles from Capital Health Medical Center Hopewell. First floor is leased to two established medical practices. Second floor is leased to accountants.and has elevator access. Second floor front suite 1,445 sf is leased on a month to month basis and can be available for an owner/user. Prominent signage and generous parking. Below market leases offer upsides for investors. Easy access to 295 , Pennsylvania and Princeton.
Showings by appointment only. Do not contact tenants.
Showings by appointment only. Do not contact tenants.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
8,595 SF
Building Class
B
Year Built/Renovated
1970/2016
Price
$1,300,000
Price Per SF
$151.25
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,298 SF
Building FAR
0.29
Lot Size
0.68 AC
Zoning
TC - Town Center
Parking
40 Spaces (4.65 Spaces per 1,000 SF Leased)
Amenities
- Security System
- Signage
- Wheelchair Accessible
- Air Conditioning
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- R-Health Primary Care Medical Home, LLC
- Health Care and Social Assistance
- -
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$9.99
-
Lorem Ipsum
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Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| R-Health Primary Care Medical Home, LLC | Health Care and Social Assistance | - | $9.99 | Lorem Ipsum | Jan 0000 |
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Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 02-00364-0000-00054 | Improvements Assessment | $723,000 |
| Land Assessment | $105,000 | Total Assessment | $828,000 |
Property Taxes
Parcel Number
02-00364-0000-00054
Land Assessment
$105,000
Improvements Assessment
$723,000
Total Assessment
$828,000
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