For Sale
$3,499,000

392 White Horse PikeHammonton, NJ 08037

High-Yield Medical Office Investment

Overview

Added:
Feb 3
Days on market:
62
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
Lot Size (sq. ft)
42,253 SF

Location Insight

City
Hammonton
County
Atlantic
State
New Jersey
Latitude
39.65628
Longitude
-74.8029
392 White Horse Pike, Hammonton, New Jersey

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392 White Horse Pike
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