Office Medical
Middletown Medical Arts Plaza
370 NJ-35, Red Bank, NJ 07701
Listing Price: $3,200,000
Investment Overview
Atlantic ENT: Medical Doctors(Husband and Wife Duo) who focus on Ear, Nose, Throat, Head & Neck Treatments. Monmouth Surgery Center: Focuses on Facial Plastic Surgery + Connected with Atlantic ENT Operator. MedSpa 370: Provides aesthetic services, medical grade facials, lash lift, etc. + Eight(8) Year Operating history. iagroup: Government contractor providing professional unclaimed property examination and compliance services. Precision Eye: Optometrist led by Dr.Derdova + Beautiful Interior Space($250K Spent on TI) + Excellent Reviews/Family Atmosphere. DeGennaro Pediatric Group: Focus on infants, Adolescents, Special Needs Kids + Twenty-Six(26) year operating history
Investment Highlights
- Long Term Ownership with Stable Cash Flow for 28+ Years
- 10,000 SF, Six (6)-tenant medical office situated on 0.98 acres along Rte 35 (40K VPD) with ~90% occupancy and 70 Spaces.
- Leasing the last 1,250 SF available suite offers the potential to grow NOI by ~ $41,250 at $33.00 PSF
- AHI is $156K & Population 52K within 3 Mile Radius
- Netflix is developing a large-scale production studio campus in Monmouth county, 6 miles from subject site
Exclusively Listed By
Broker of Record
-
Jim McGuckin
Managing Director, Market Leader - New Jersey
Financing By
Listing Price: $3,200,000
Investment Highlights
- Long Term Ownership with Stable Cash Flow for 28+ Years
- 10,000 SF, Six (6)-tenant medical office situated on 0.98 acres along Rte 35 (40K VPD) with ~90% occupancy and 70 Spaces.
- Leasing the last 1,250 SF available suite offers the potential to grow NOI by ~ $41,250 at $33.00 PSF
- AHI is $156K & Population 52K within 3 Mile Radius
- Netflix is developing a large-scale production studio campus in Monmouth county, 6 miles from subject site
Investment Overview
Atlantic ENT: Medical Doctors(Husband and Wife Duo) who focus on Ear, Nose, Throat, Head & Neck Treatments. Monmouth Surgery Center: Focuses on Facial Plastic Surgery + Connected with Atlantic ENT Operator. MedSpa 370: Provides aesthetic services, medical grade facials, lash lift, etc. + Eight(8) Year Operating history. iagroup: Government contractor providing professional unclaimed property examination and compliance services. Precision Eye: Optometrist led by Dr.Derdova + Beautiful Interior Space($250K Spent on TI) + Excellent Reviews/Family Atmosphere. DeGennaro Pediatric Group: Focus on infants, Adolescents, Special Needs Kids + Twenty-Six(26) year operating history
Exclusively Listed By
Broker of Record
-
Jim McGuckin
Managing Director, Market Leader - New Jersey
Financing By