4000 US-130 Hwy - Health Care FOR SALE


Delran Township, NJ 08075
$6,870,000 USD
215-568-2600
4000 US-130 Hwy, Delran Township, NJ for Sale
$6,870,000 USD
Health Care - FOR SALE
1/6
null | 5.9% Cap Rate

4000 US-130 Hwy
Delran Township, NJ 08075


HIGHLIGHTS

  • Single-tenant Patient First located in the heart of Delran, NJ, just a 25-minute drive from Philadelphia
  • Investment-grade tenant with over 78 locations, the second-largest urgent care provider in NJ/PA/MD
  • 10 years of term remaining on an absolute-net ground lease with zero landlord responsibilities
  • Upcoming 10% rent escalation in November of 2025 and every 5 years thereafter (including renewals)
  • Located along US-130 with 50,404 vehicles per day (VPD), a highly trafficked corridor
  • Positioned along a strong retail corridor with over 1.5 million square feet of retail. Many of the larger shopping centers along US-130 boast some of

OVERVIEW

MSC is proud to present a single-tenant, absolute net lease Patient First, located in Delran, New Jersey. This 7,151 square foot building, constructed in 2015, marks the commencement of Patient First's 20-year net lease. Currently, there are 10 years remaining on the original term, featuring a 10% rent escalation in November of this year and another 10% escalation in 2030. The lease includes 6 additional 5-year renewal options, potentially extending the lease for the following 30 years. The property is located on US Route-130 (50,404 VPD) in the heart of the dense and affluent submarket of Delran, NJ. US-130 is one of the most prominent and highly trafficked commercial corridors in the region. Running parallel to I-295, Route 130 serves as a primary route for many daily commuters and trucking companies traveling to and from Philadelphia which is approximately 10-miles away. This area is densely populated with over 1.5 million square feet of retail space, hosting national tenants such as Target, Walmart, Sams Club, Shoprite, and numerous other national credit tenants. Within a three mile radius of the property, there are 58,876 residents with an average household income of $149,852. This robust demographic profile has fueled strong demand from national tenants along Route 130, making this market highly desirable for retailers.

FOR SALE DETAILS

PRICE

$6,870,000 USD

PRICE/SF

$961 USD /SF

CAP RATE

5.9%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Health Care

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2015

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.05 AC

LAND SF

45,738 SF

ZONING

-

APN/PARCEL ID

10-00107-0000-00002-03

ASK ABOUT THIS PROPERTY

215-568-2600

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215-568-2600

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