1076 Chestnut AveVineland, NJ 08360

This exceptional investment opportunity presents a 14,500-square-foot, single-tenant medical office building located at 1076 E Chestnut Ave, Vineland, NJ 08360. The property, situated on 1.21 acres, is 100% occupied by a credit-rated tenant, Penn Cardiology, under a triple-net (NNN) lease expiring June 30, 2032. This represents a substantial remaining lease term of approximately eight years. The building, constructed in 1993 and extensively renovated in 2024, boasts a Class B rating and offers ample parking (4.76 spaces per 1,000 sq ft), recently expanded to 65 spaces. The asking price is $4,000,000, translating to a price per square foot of $275.86. The lease commenced July 1, 2007, and the tenant has demonstrated a long-term commitment, recently renewing their lease. Significant capital improvements exceeding $350,000 were completed by the current owner in 2024, encompassing roof repairs, exterior façade painting, parking lot improvements, and addressing all deferred maintenance. The property benefits from its location within a medical corridor and the tenant's strong financial standing. This is a stabilized investment with a proven track record and significant upside potential. The building is a single-story structure. The lease structure is NNN, with the landlord responsible for roof and structure maintenance.