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Concorde Professional Building 390 N Broadway 28,162 SF 64% Leased Office Building Pennsville, NJ 08070 For Sale

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Investment Highlights

  • Anchored by Cooper Health Systems and LabCorp.
  • Limited competing inventory in the immediate market.
  • Clear value-add potential through remaining lease-up.
  • Strategic tri-state location with direct highway access.
  • Strong healthcare tenancy ensures income stability.

Executive Summary

Concord Professional Building presents a rare investment opportunity in Pennsville, NJ, strategically positioned for regional connectivity and long-term growth. This two-story, ±28,162 SF medical and professional office property is currently 64% leased to six tenants, anchored by Cooper Health Systems and LabCorp—two highly reputable healthcare providers that deliver creditworthy stability. The remaining vacancy offers investors a clear path to value creation through lease-up in a market with limited competing inventory.
The property’s location is a major advantage, providing seamless access to I-295, the NJ Turnpike, and the Delaware Memorial Bridge, ensuring efficient connectivity to South Jersey, Philadelphia, and Delaware. This tri-state accessibility enhances tenant appeal and positions the building as a hub for healthcare and professional services. With strong regional demographics and proximity to major transportation corridors, Concord Professional Building is ideally suited for investors seeking a reliable income stream with upside potential.
Wolf Commercial Real Estate (WCRE), a CORFAC International affiliate, exclusively represents this offering. For investors focused on stability, growth, and strategic positioning, this asset delivers a compelling blend of credit tenancy and market scarcity—making it a standout opportunity in today’s healthcare-driven real estate landscape.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
28,162 SF
Building Class
C
Year Built
1984
Percent Leased
64%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
14,081 SF
Building FAR
0.14
Lot Size
4.72 AC
Zoning
040
Parking
225 Spaces (7.99 Spaces per 1,000 SF Leased)

Amenities

  • Bus Line
  • Signage

Property Taxes

Property Taxes

Parcel Number
09-00501-0000-00002
Land Assessment
$651,700
Improvements Assessment
$1,348,300
Total Assessment
$2,000,000
  • Listing ID: 38816490

  • Date on Market: 12/18/2025

  • Last Updated:

  • Address: 390 N Broadway, Pennsville, NJ 08070

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