For Lease
$22/SF/YR

215 Union Ave Bridgewater, NJ 08807

2690 SF Medical Office, Somerset County

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional 2,690 square foot medical office condo suite presents a unique investment opportunity in Somerset County. Situated within a freestanding five-unit medical professional building, this single-tenant property boasts a highly desirable location directly across from RWJ-BH Hospital, ensuring high visibility and convenient access for patients. The well-designed layout includes five exam rooms, fully equipped nurse stations, spacious doctors' offices, and a large reception area with capacity for 15-18 people. Additional amenities include a comfortable staff lounge, enhancing the overall functionality and appeal of the space. Previously occupied by an orthopedic practice, this turnkey property is ready for immediate occupancy by a new medical professional. The suite is offered for lease at $22 per square foot, triple net (NNN). Alternatively, the property is also available for purchase at $549,700. This represents a compelling opportunity to acquire a well-established medical office space in a prime location with excellent potential for growth and return on investment. The building's strategic placement across from a major hospital provides unparalleled access to a large patient base and a strong referral network. The existing infrastructure and layout are conducive to a variety of medical specialties, making this a versatile and attractive option for healthcare providers seeking a well-equipped and conveniently located practice space. The property's single-tenant occupancy simplifies management and provides a stable income stream for investors.

Highlights

  • 2,690 sq. ft. medical office condo suite.
  • Single-tenant occupancy.
  • Located in a five-unit medical building.
  • Features five exam rooms, nurse stations, doctor's offices, and a reception area (15-18 people).
  • Includes a staff lounge.
  • Situated across from RWJ-BH Hospital in Somerset County.

Property Details for 215 Union Ave

Property type
Office properties, Medical offices
RSF (Rentable sq. ft)
2,690 SF

Unit(s) available at that property

Space
Size
2,690 SF
Rate per SF
$22

Location Insight

City
Bridgewater
County
Somerset
State
New Jersey
Latitude
40.5713666
Longitude
-74.5923138

FAQs

What type of property is this?
Office property - 2690 SF Medical Office, Somerset County
Where is the office property located?
The property is located at 215 Union Ave Bridgewater, NJ.
What is the lease rate?
The lease rate is $22/SF/YR.
What are key features of this property?
This property features: 2,690 sq. ft. medical office condo suite.; Single-tenant occupancy.; Located in a five-unit medical building.
How can I contact the broker?
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215 Union Ave
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