323 S Pitney Rd - Medical FOR SALE


Galloway Township, NJ 08205
$5,590,000 USD
609-412-4190
323 S Pitney Rd, Galloway Township, NJ for Sale
$5,590,000 USD
Medical - FOR SALE
1/7
null | 9.58% Cap Rate

323 S Pitney Rd
Galloway Township, NJ 08205


HIGHLIGHTS

  • 100% Occupancy / Excellent Tenant Base
  • Premier Business and Medical Address
  • Easy Access To All Major Transportation Routes

OVERVIEW

Fully occupied building 46,000 SF Medical Fitness Building 30,000 SF Fitness & Aquatics Center Includes: 3 story fitness center / 3 lane competition pool / 17' whirlpool & sauna rooms / 2 steam rooms Real Estate Taxes: $99,780 (2023) Net Operating Income: $696,000 (2024 projected) Traffic Count: 17,170 Pitney North of Jimmie Leeds (AADT 2020)(NJDOT Source)

FOR SALE DETAILS

PRICE

$5,590,000 USD

PRICE/SF

$119 USD /SF

CAP RATE

9.58%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Health Club

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

A

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

250

LAND DETAILS

LAND ACRES

4.57 AC

LAND SF

199,069 SF

ZONING

CVC

APN/PARCEL ID

11-00985-0000-00004-02

ASK ABOUT THIS PROPERTY

Michael CohanNew Vistas CorporationMore Info
609-412-4190

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Michael CohanNew Vistas CorporationMore Info
609-412-4190

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.