Office Medical
Watchung Circle Medical Office & Surgery Center
40 Stirling Rd, Watchung, NJ 07069
Listing Price: $11,500,000
Cap Rate
7.55%
Gross SF
32,448
Rentable SF
32,448
Price/Gross SF
$354.41
Occupancy
100.0%
Year Built
1990
Lot Size
2.40 acres
Investment Overview
Marcus & Millichap is pleased to exclusively present 40 Stirling Road, Watchung, Somerset County, New Jersey.
Investment Highlights
- 100% Occupied Medical Office Building Anchored by Surgicare of NJ who Occupies the Entire First Floor
- Staggered Leases Throughout the Building, most with Scheduled Rent Increases
- Two-Story Building with Separate Parking Areas for Both the Upper Level and Lower Level (Surgery Center)
Exclusively Listed By
Listing Price: $11,500,000
Cap Rate
7.55%
Gross SF
32,448
Rentable SF
32,448
Price/Gross SF
$354.41
Occupancy
100.0%
Year Built
1990
Lot Size
2.40 acres
Investment Highlights
- 100% Occupied Medical Office Building Anchored by Surgicare of NJ who Occupies the Entire First Floor
- Staggered Leases Throughout the Building, most with Scheduled Rent Increases
- Two-Story Building with Separate Parking Areas for Both the Upper Level and Lower Level (Surgery Center)
Investment Overview
Marcus & Millichap is pleased to exclusively present 40 Stirling Road, Watchung, Somerset County, New Jersey.
Exclusively Listed By