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Medical Arts Building 105 Manheim Ave

20,500 SF 100% Leased Office Building Bridgeton, NJ 08302 $2,976,687 CAD ($145 CAD/SF) 5.89% Cap Rate

Investment Highlights

  • Great Location - Across the Street from Inspira Health Center and close proximity to SR 55, Route 49, Landis Avenue and SR 77
  • Professionally Managed
  • Abundant Private Parking Area - 90 Spaces with Lighting
  • Perfect Value-Add Investment Opportunity

Executive Summary

Attention Savvy Investors... Looking for a durable investment property to add your to real estate portfolio or a replacement property to complete a 1031 tax deferred exchange, then look no further. Check out this 20,500 +/- SF steel-frame, brick office/medical building sitting on about 2.25 +/- acres on a prime corner lot across the street from Inspira Health Center. The building is loaded with amenities - 90 parking spaces including handicapped and van accessible, Verizon Fios and Cable fiber optic with multiple ports available for every suite, fully renovated common areas, surveillance camera with 16/32 channels throughout common areas and entire property, There is a gas line available for the private generator and underground sprinkler system throughout the entire lot. The property has been professionally managed with flexible and extended hours of operation and the parking lot lights are all LED energy efficient. Very convenient location - minutes off Route 49, Landis Avenue (SR 56), Route 77 and SR 55. Thinking outside the box - other potential uses subject to approval could be residential apartments, indoor sports events, storage facility and more... Great "value-add" real estate investment opportunity. Invest in your future today. Don't let this investment opportunity slip by you.

Property Facts

Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
20,500 SF
Building Class
B
Year Built/Renovated
1978/2023
Price
$2,976,687 CAD
Price Per SF
$145 CAD
Cap Rate
5.89%
NOI
$175,372 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
10,250 SF
Building FAR
0.21
Land Acres
2.25 AC
Zoning
C-3
Parking
90 Spaces (5.06 Spaces per 1,000 SF Leased)

Amenities

  • Security System
  • Signage
  • Air Conditioning
  • Fiber Optic Internet

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl-Ste 10 & 12
  • 3,350 SF
  • Office
  • -
  • 60 Days

Fully renovated with two handicapped bathroom and one employee bathroom, multiple exam rooms, and offices, entire space is freshly painted, all new flooring with a large oversized conference room, all new LED energy efficient ceiling lights, entire building is equipped with FIOS and Comcast fiber optic cable as well, available for immediate occupancy. The building is highly maintained and offer 90 parking space with multiple handicapped and Van Accessible Handicapped parking as well.

  • 2nd Fl-Ste 6
  • 1,875 SF
  • Office/Medical
  • -
  • 30 Days

Attention professionals (attorneys, accountants), medical (blood work labs, X-ray/imaging services), dental, pharmacy, healthcare providers, professional development services, physical/occupational therapists and adult day care providers ... Looking for new space with good exposure to expand your business? Check out these turnkey office suite 6 in a very busy medical building with recently fully renovated common areas. Lease price $13.25/SF /Year NNN. Great location - right across the street from Inspira Health Center right off Route 49. The building is professionally managed, well maintained and includes 90 parking spaces. Don't let this great leasing opportunity slip by you.

Space Size Space Use Condition Available
1st Fl-Ste 10 & 12 3,350 SF Office - 60 Days
2nd Fl-Ste 6 1,875 SF Office/Medical - 30 Days

1st Fl-Ste 10 & 12

Size
3,350 SF
Space Use
Office
Condition
-
Available
60 Days

2nd Fl-Ste 6

Size
1,875 SF
Space Use
Office/Medical
Condition
-
Available
30 Days

1st Fl-Ste 10 & 12

Size 3,350 SF
Space Use Office
Condition -
Available 60 Days

Fully renovated with two handicapped bathroom and one employee bathroom, multiple exam rooms, and offices, entire space is freshly painted, all new flooring with a large oversized conference room, all new LED energy efficient ceiling lights, entire building is equipped with FIOS and Comcast fiber optic cable as well, available for immediate occupancy. The building is highly maintained and offer 90 parking space with multiple handicapped and Van Accessible Handicapped parking as well.

2nd Fl-Ste 6

Size 1,875 SF
Space Use Office/Medical
Condition -
Available 30 Days

Attention professionals (attorneys, accountants), medical (blood work labs, X-ray/imaging services), dental, pharmacy, healthcare providers, professional development services, physical/occupational therapists and adult day care providers ... Looking for new space with good exposure to expand your business? Check out these turnkey office suite 6 in a very busy medical building with recently fully renovated common areas. Lease price $13.25/SF /Year NNN. Great location - right across the street from Inspira Health Center right off Route 49. The building is professionally managed, well maintained and includes 90 parking spaces. Don't let this great leasing opportunity slip by you.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01-00106-0000-00001
Land Assessment
$56,871 CAD
Improvements Assessment
$1,343,899 CAD
Total Assessment
$1,400,770 CAD
  • Listing ID: 32052951

  • Date on Market: 2024-06-07

  • Last Updated:

  • Address: 105 Manheim Ave, Bridgeton, NJ 08302

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