Investment Overview

The Elmora Professional Center is a 19,583 SF, three-story elevator office building 86% leased to 21 tenants — predominantly medical practitioners, legal professionals, and accounting firms — the majority in place for five or more years along a corporate-backed retail corridor in Elizabeth’s established Elmora neighborhood. The property sits at the center of an exceptional tri-state connectivity story: 0.7 miles from Elizabeth Train Station (NJ Transit direct to Manhattan and prominent North Jersey cities), 3.5 miles from Newark Liberty International Airport, 2 miles from the I-278/I-95 interchange, 14 miles from Brooklyn via the Verrazzano-Narrows Bridge, and 15 miles from Manhattan via the Holland Tunnel. Nine hospitals within five miles — headlined by Trinitas Regional Medical Center, a 554-bed RWJBarnabas Health facility actively expanding its outpatient network — anchor long-term medical tenant demand. With major capex completed within seven years, below-market rents offering a clear mark-to-market upside path, and gross leases with annual escalations, Elmora Professional Center is a stabilized, low-maintenance asset ideally suited for medical or office-focused investors seeking income security and measurable upside.