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402 Lippincott Dr
Marlton, NJ 08053
100% Occupied office with over $1M NOI · Office Property For Sale
Investment Highlights
- This property is eligible for a financing contingency. To further discuss the qualifying criteria, please contact Casey Harrell @ 615-330-7592
- CHA occupies 18% of the building, Zimmerman & Day 32% and MRS BPO 50%.
- Current NNN rent CHA is responsible for is $1,088,550.00 ($20.50/PSF) through 2029, and there is one five-year renewal option.
- Amid a 14-year absolute NNN lease with approximately four years remaining with CHA (Consensus Health).
- Both the prime lease and subleases agreement run concurrently.
Property Facts
Sale Condition
Auction Sale
Type of Ownership
Fee Simple
Property Type
Office
Property Subtype
Medical
Building Size
26,550 SF
Building Class
B
Year Built
1997
Tenancy
Single
Building Height
1 Story
Typical Floor Size
26,550 SF
Building FAR
0.23
Lot Size
2.61 AC
Parcel Number
13-00024-23-00002-02
Zoning
C-1
Parking
88 Spaces (3.32 Spaces per 1,000 SF Leased)
Amenities
- Conferencing Facility
- Courtyard
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
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