29 Meridian Rd Edison, NJ 08820
Net-leased medical office, strong tenant.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 138
Highlights
- Corporate guarantee by DaVita Inc. (NYSE: DVA).
- 5% rent increase to $232,574 ($22.58/SF) on 2/28/2026.
- 10-year lease extension executed in 2021; 6.33 years remaining.
- Affluent location, ~50 miles southwest of NYC, with strong demographics (356,000+ households within 5 miles, $158,881 average household income within 2 miles).
- New roof installed in 2018 ($130,000).
Property Details for 29 Meridian Rd
- Property type
- Office properties, Medical offices
- Square Feet
- 10,300 SF
- Year Built/Renovated
- 1970/2002
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 65,340 SF
Location Insight
- City
- Edison
- County
- Middlesex
- State
- New Jersey
- Latitude
- 40.574496695883
- Longitude
- -74.347394412792
Nearby Similar for Sale
FAQs
- What type of property is this?
- Office property - Net-leased medical office, strong tenant.
- Where is the office property located?
- The property is located at 29 Meridian Rd Edison, NJ.
- What is the asking price?
- The asking price for this property is $3,550,000.
- What are key features of this property?
- This property features: Corporate guarantee by DaVita Inc. (NYSE: DVA).; 5% rent increase to $232,574 ($22.58/SF) on 2/28/2026.; 10-year lease extension executed in 2021; 6.33 years remaining.
- How can I contact the broker?
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