Office Vacant-User
50 Pompton Ave
50 Pompton Ave, Verona, NJ 07044
Listing Price: $1,500,000
Investment Overview
50 Pompton Avenue in Verona, New Jersey, is an exceptional investment opportunity for both owner-users and investors. This fully occupied medical office building is currently leased to First Care Medical, a well-established healthcare provider, making it a prime choice for those seeking stable rental income or a turnkey space for their own business. Situated on an 8,078-square-foot lot, the property offers approximately 4,450 square feet of total building space, including five treatment rooms and two bathrooms on the first floor, making it ideal for medical or professional office use.
The property’s location on Pompton Avenue, a main thoroughfare in Verona, ensures high visibility and substantial traffic flow, further enhanced by its proximity to Bloomfield Avenue, the area’s primary commercial corridor. Additionally, a Starbucks is moving nearby, and a traffic light is being installed directly in front of the building, increasing both traffic and ease of access. The building underwent exterior renovations in 2021, ensuring a modern and appealing facade that reduces immediate capital expenditure for any new owner.
For investors, 50 Pompton Avenue offers stable cash flow from a reliable tenant in the medical field, with minimal vacancy risk due to the strong demand for medical office space in suburban markets. The property's prime location and surrounding retail developments create strong market fundamentals for continued appreciation. There is also potential for value-add opportunities, such as increasing rental rates or reconfiguring the space to accommodate additional tenants.
Owner-users will find this property move-in ready, with minimal alterations required to start or expand a medical or professional practice. The building’s existing layout is perfectly suited for healthcare providers, offering cost savings by eliminating the need to pay rent elsewhere, while allowing for potential property appreciation over time. With its high visibility, modern upgrades, and strong long-term growth prospects, 50 Pompton Avenue presents a unique opportunity for both investors and owner-users to capitalize on a well-located, income-generating property in the thriving suburban market of Verona, NJ.
50 Pompton Ave
Investment Highlights
- Prime Location: Situated on Pompton Avenue, a major road with high visibility and traffic, the property ensures excellent exposure for any business.
- Turnkey Medical Facility: The building is fully occupied by First Care Medical, offering a ready-to-use medical office setup with five treatment rooms and modern amenities.
- Recent Renovations: Exterior updates in 2021 enhance the property's appeal, reducing initial capital costs for the new owner.
- Future Growth Potential: With a Starbucks moving nearby and a new traffic light being installed in front of the building, the area is poised for increased foot traffic and property value appreciation.
- Stable Income: For investors, the 100% occupancy by a reliable medical tenant provides steady cash flow with low vacancy risk.
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Listing Price: $1,500,000
Investment Highlights
- Prime Location: Situated on Pompton Avenue, a major road with high visibility and traffic, the property ensures excellent exposure for any business.
- Turnkey Medical Facility: The building is fully occupied by First Care Medical, offering a ready-to-use medical office setup with five treatment rooms and modern amenities.
- Recent Renovations: Exterior updates in 2021 enhance the property's appeal, reducing initial capital costs for the new owner.
- Future Growth Potential: With a Starbucks moving nearby and a new traffic light being installed in front of the building, the area is poised for increased foot traffic and property value appreciation.
- Stable Income: For investors, the 100% occupancy by a reliable medical tenant provides steady cash flow with low vacancy risk.
Investment Overview
50 Pompton Avenue in Verona, New Jersey, is an exceptional investment opportunity for both owner-users and investors. This fully occupied medical office building is currently leased to First Care Medical, a well-established healthcare provider, making it a prime choice for those seeking stable rental income or a turnkey space for their own business. Situated on an 8,078-square-foot lot, the property offers approximately 4,450 square feet of total building space, including five treatment rooms and two bathrooms on the first floor, making it ideal for medical or professional office use. The property’s location on Pompton Avenue, a main thoroughfare in Verona, ensures high visibility and substantial traffic flow, further enhanced by its proximity to Bloomfield Avenue, the area’s primary commercial corridor. Additionally, a Starbucks is moving nearby, and a traffic light is being installed directly in front of the building, increasing both traffic and ease of access. The building underwent exterior renovations in 2021, ensuring a modern and appealing facade that reduces immediate capital expenditure for any new owner. For investors, 50 Pompton Avenue offers stable cash flow from a reliable tenant in the medical field, with minimal vacancy risk due to the strong demand for medical office space in suburban markets. The property's prime location and surrounding retail developments create strong market fundamentals for continued appreciation. There is also potential for value-add opportunities, such as increasing rental rates or reconfiguring the space to accommodate additional tenants. Owner-users will find this property move-in ready, with minimal alterations required to start or expand a medical or professional practice. The building’s existing layout is perfectly suited for healthcare providers, offering cost savings by eliminating the need to pay rent elsewhere, while allowing for potential property appreciation over time. With its high visibility, modern upgrades, and strong long-term growth prospects, 50 Pompton Avenue presents a unique opportunity for both investors and owner-users to capitalize on a well-located, income-generating property in the thriving suburban market of Verona, NJ.
Exclusively Listed By
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