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Office Medical

339 N Route 73

339 NJ-73, Berlin, NJ 08009

Listing Price: $1,200,000

Cap Rate
6.10%
Gross SF
14,350
Rentable SF
14,350
Price/Gross SF
$83.62
Occupancy
72.0%
Year Built
1977
Lot Size
3.90 acres

Investment Overview

Marcus & Millichap is pleased to present 339 N Route 73, a rare opportunity to acquire a medical office building located along Route 73 in Berlin, New Jersey — one of Camden County's most accessible and high-traffic commercial corridors. The property combines stable medical office fundamentals with a compelling value-add profile, making it an attractive acquisition for both owner-users and investors seeking near-term upside, at a favorable cost basis.

Investment Highlights

  • Immediate value-add opportunity through lease-up of vacant space and below-market rents, offering investors a clear path to enhanced NOI and yield compression.
  • Hundreds of new single-family homes under construction directly adjacent the property create a built-in, growing patient base for medical office tenants seeking neighborhood-serving healthcare.
  • Developable land with Route 73 frontage offers a rare opportunity to build additional medical, retail, or mixed-use space in a supply-constrained Berlin corridor.

Exclusively Listed By

Broker of Record

  • Jim McGuckin

    Managing Director, Market Leader - New Jersey

    (201) 742-6100

    License(s) NJ: 2082114

    New Jersey

Office Medical

339 N Route 73

Listing Price: $1,200,000

Cap Rate
6.10%
Gross SF
14,350
Rentable SF
14,350
Price/Gross SF
$83.62
Occupancy
72.0%
Year Built
1977
Lot Size
3.90 acres

Investment Highlights

  • Immediate value-add opportunity through lease-up of vacant space and below-market rents, offering investors a clear path to enhanced NOI and yield compression.
  • Hundreds of new single-family homes under construction directly adjacent the property create a built-in, growing patient base for medical office tenants seeking neighborhood-serving healthcare.
  • Developable land with Route 73 frontage offers a rare opportunity to build additional medical, retail, or mixed-use space in a supply-constrained Berlin corridor.

Investment Overview

Marcus & Millichap is pleased to present 339 N Route 73, a rare opportunity to acquire a medical office building located along Route 73 in Berlin, New Jersey — one of Camden County's most accessible and high-traffic commercial corridors. The property combines stable medical office fundamentals with a compelling value-add profile, making it an attractive acquisition for both owner-users and investors seeking near-term upside, at a favorable cost basis.

Exclusively Listed By

Broker of Record

  • Jim McGuckin

    Managing Director, Market Leader - New Jersey

    (201) 742-6100

    License(s): NJ: 2082114

    New Jersey

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