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Office Medical

Medical Arts Office

435 Harding Hwy, Carneys Point Township, NJ 08069

Listing Price: $2,250,000

Cap Rate
8.49%
Rentable SF
7,640
Year Built
2015
Lot Size
2.59 acres

Investment Overview

Marcus & Millichap is pleased to present this exclusive offer for a newer construction Medical Arts Office Building, located at: 435 Harding Highway, Carneys Point Township, NJ 08096. The property was recently vacated by Active Day Adult Daycare who was paying under market rents. The property is currently available for rent at $25.00 PSF - NNN (Absolute Triple Net) And can be purchased for $2,250,000.00 or $295.00 PSF The subject property was constructed in 2015 with a 7,640 square feet single story floor plate and is ideally situated on 1.29 acres. This custom facility features state-of-the-art activity rooms, nursing/ pharmaceutical service areas, and all newer appliances. The property is currently under renovations and will include general updates, new carpet, paint, flooring, and lighting. Ownership is also willing to provide a new tenant fit-out package and build to suit options. The building is zoned general commercial and permits: medical office, daycares, medical arts, and other uses & within the condition uses. It permits Medical cannabis dispensaries, cannabis retailers, cannabis delivery services and cannabis testing facilities. Kennels and animal hospitals, and Nursing homes. The Subject Property is conveniently located near an on-ramp to I-295 and is in close proximity to the Delaware Memorial Bridge. Carneys point township has significant prospects for growth. Recent demographic trends, including the rapid aging of New Jersey’s population, and general increases in household income and general population growth. Currently under development are three large 500,000 SF industrial facilities with a close proximity less than .5 miles away. The subject property was recently subdivided and can be sold or leased with an additional 1.3 acres that is ideally situated on the hard-corner of Harding Hwy & N. Goldfwood Ave. (Please contact agents for more information for the subject property and related 1.3 acre parcel – both prime for local, regional and national occupancy.

Investment Highlights

  • Subject property is situated on a 1.29 Acre lot with ample parking for tenant and consumers.
  • Features activity rooms, nurse/pharmaceutical service areas, and newer appliances.
  • Zoning options include medical cannabis, medical office, daycare, medical arts, business offices, retail stores, etc.
  • Currently under renovation for general updates such as floors, painting, etc.
  • Conveniently located right off of I-295.
  • Located within close driving distance to a number of major shopping centers, amenities, parks, and local restaurants and bars.
  • 1.22% Projected population growth between 2022-2027
  • Healthy demographics with 35,272 people within a 5-mile radius of the subject property and an impressive average household income of $79,031.

Broker of Record

  • John Horowitz

    First Vice President/ Division Manager

    (201) 742-6100

    License(s) NJ: 2192359

    New Jersey

Financing By

Office Medical

Medical Arts Office

Listing Price: $2,250,000

Cap Rate
8.49%
Rentable SF
7,640
Year Built
2015
Lot Size
2.59 acres

Investment Highlights

  • Subject property is situated on a 1.29 Acre lot with ample parking for tenant and consumers.
  • Features activity rooms, nurse/pharmaceutical service areas, and newer appliances.
  • Zoning options include medical cannabis, medical office, daycare, medical arts, business offices, retail stores, etc.
  • Currently under renovation for general updates such as floors, painting, etc.
  • Conveniently located right off of I-295.
  • Located within close driving distance to a number of major shopping centers, amenities, parks, and local restaurants and bars.
  • 1.22% Projected population growth between 2022-2027
  • Healthy demographics with 35,272 people within a 5-mile radius of the subject property and an impressive average household income of $79,031.

Investment Overview

Marcus & Millichap is pleased to present this exclusive offer for a newer construction Medical Arts Office Building, located at: 435 Harding Highway, Carneys Point Township, NJ 08096. The property was recently vacated by Active Day Adult Daycare who was paying under market rents. The property is currently available for rent at $25.00 PSF - NNN (Absolute Triple Net) And can be purchased for $2,250,000.00 or $295.00 PSF The subject property was constructed in 2015 with a 7,640 square feet single story floor plate and is ideally situated on 1.29 acres. This custom facility features state-of-the-art activity rooms, nursing/ pharmaceutical service areas, and all newer appliances. The property is currently under renovations and will include general updates, new carpet, paint, flooring, and lighting. Ownership is also willing to provide a new tenant fit-out package and build to suit options. The building is zoned general commercial and permits: medical office, daycares, medical arts, and other uses & within the condition uses. It permits Medical cannabis dispensaries, cannabis retailers, cannabis delivery services and cannabis testing facilities. Kennels and animal hospitals, and Nursing homes. The Subject Property is conveniently located near an on-ramp to I-295 and is in close proximity to the Delaware Memorial Bridge. Carneys point township has significant prospects for growth. Recent demographic trends, including the rapid aging of New Jersey’s population, and general increases in household income and general population growth. Currently under development are three large 500,000 SF industrial facilities with a close proximity less than .5 miles away. The subject property was recently subdivided and can be sold or leased with an additional 1.3 acres that is ideally situated on the hard-corner of Harding Hwy & N. Goldfwood Ave. (Please contact agents for more information for the subject property and related 1.3 acre parcel – both prime for local, regional and national occupancy.

Broker of Record

  • John Horowitz

    First Vice President/ Division Manager

    (201) 742-6100

    License(s): NJ: 2192359

    New Jersey

Financing By

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