15-01 Broadway Fair Lawn, NJ 07410

This exceptional 5,986 square foot medical office condominium in Fair Lawn, NJ, is available for sale at $1,406,000. Located at 15-01 Broadway, this vacant, fully built-out surgical center boasts two level C operating rooms, pre-op and post-op areas, waiting rooms, staff and conference rooms, and piped gases. Previously a AAAHC-accredited facility, the space is ready for immediate occupancy. The property is part of a larger 52,272 square foot, four-story medical office building with a diverse tenant mix, including dentistry, orthopedics, plastic surgery, and internal medicine practices. This prime location offers excellent accessibility, less than two miles from Route 4 and conveniently situated near the Garden State Parkway, I-80, and Route 17. Five major hospitals are within close proximity. The strong demographic profile of Fair Lawn, with over one million people within a seven-mile radius and an average household income exceeding $134,000, makes this an ideal investment opportunity. The property features a three-story building constructed in 1955, with one building and five units. Parking is provided at a rate of 3.54 spaces per 1,000 square feet. The property is offered as a NNN lease. Annual expenses include approximately $44,336 in real estate taxes, $43,117 in condominium association fees, and $4,606 in property insurance. While previously subdivided into five units, the space is now consolidated into a single unit (Unit 1), though individual tax bills remain. The sale price represents $235 per square foot.