For Sale
$3,499,000

392 White Horse Pike Hammonton, NJ 08037

High-Yield Medical Office Investment

Overview

Added:
Feb 3
Days on market:
84
This exceptional investment opportunity presents a 0.97-acre medical office building located at 392 N White Horse Pike in Hammonton, New Jersey. The property boasts a strong tenant roster anchored by Fresenius Kidney Care, a significant and stable medical provider. Fresenius occupies 8,400 square feet under a long-term lease. Additional tenants include a dermatology practice (3,000 square feet) and a podiatrist (1,000 square feet), all contributing to a robust and diversified income stream. The projected gross income for 2025 is $350,000, with estimated operating expenses of $75,000, resulting in a substantial net operating income. The current lease agreements provide exceptional stability, with no lease expirations or renewals anticipated until 2028 and 2029. This presents a rare opportunity to acquire a well-established, income-producing medical office building with a long-term, secure financial outlook. The property's prime location in Hammonton, NJ, ensures excellent visibility and accessibility for tenants and patients alike. This is an ideal investment for those seeking a stable, high-yield asset with minimal management requirements. The building's current occupancy and long-term lease agreements minimize vacancy risk and provide a predictable cash flow for years to come. The asking price is $3,499,000.

Property Details for 392 White Horse Pike

Property type
Commercial real estate
Lot Size (sq. ft)
42,253 SF

Location Insight

City
Hammonton
County
Atlantic
State
New Jersey
Latitude
39.65628
Longitude
-74.8029

FAQs

What type of property is this?
Commercial real estate - High-Yield Medical Office Investment
Where is the commercial real estate located?
The property is located at 392 White Horse Pike Hammonton, NJ.
What is the asking price?
The asking price for this property is $3,499,000.
How can I contact the broker?
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392 White Horse Pike
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