8 N Broadway 13,869 SF 100% Leased Office Building Pitman, NJ 08071 $1,200,000 ($86.52/SF) 6.50% Cap Rate

Exceptional Business Opportunity – Location, Location, Location! Seize this chance, ideal for the discerning investor. Situated in the vibrant heart of the Pitman business district, just off the corner of N. Broadway and E. Holly, this prime location offers unparalleled visibility. This historic, fully renovated stucco exterior building—recently repainted five years ago—spans approximately 9,000 square feet and currently accommodates three tenants. The first-floor tenant operates a medical-related business, while the second floor features conference and meeting rooms. The third floor includes a spacious area with a full bathroom, kitchen, and multiple offices. The first floor, remodeled in 2024, is home to a long-standing tenant and includes various spaces, entrances, a large waiting area, large equipment & workout areas, and several offices/treatment rooms. It is equipped with mobility-friendly features, including assistive equipment (tenant equipment excluded). The second floor, remodeled three years ago, boasts a large conference/meeting room, a built-in bar, several offices, waiting areas, a sitting room, a dining room, a game room, two bathrooms, and a new A/C unit. The third floor, also remodeled three years ago, provides additional space with a large reception area, sitting area, multiple offices, a full bathroom, and a kitchen/break room, featuring a newer HVAC system and a large and spacious open area, perfect for a waiting room or conference meetings. Meticulously remodeled and maintained throughout, this property includes approximately 20 parking spaces, ensuring convenience for tenants and visitors alike. The basement is accessible for utilities and storage. The first-floor rear A/C unit is nearly brand new, while the front A/C unit has recently been serviced. The second-floor A/C units were replaced three years ago, and the third-floor A/C was updated seven to eight years ago. The hot water heater is almost brand new, with a capacity of 40 gallons. Leases are available upon request. New leases are signed, with increases built in over 5 years! Call for a list of expenses! This represents a remarkable investment opportunity!