For Sale
$3,200,000

709 Haddonfield-Berlin RdVoorhees Township, NJ 08043

Net-leased medical building, high ROI.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional Class A, 9,308 square foot medical office building presents a compelling investment opportunity. Located at 709 Haddonfield-Berlin Rd, Voorhees Township, NJ 08043, this two-story building boasts 100% occupancy with two tenants under a 10-year net lease (commencing October 1, 2024, and expiring March 1, 2035), featuring 3% annual rent bumps. The property sits on a 0.88-acre lot and benefits from a prime location directly across from the Acme Market-anchored Eagle Plaza Shopping Center, experiencing high traffic volume (20,000 vehicles daily). The building underwent renovations in 2024 and enjoys convenient access to Camden, NJ, and Philadelphia, PA. The strong demographics include a total population of 215,690 within a 5-mile radius and an average household income of $105,707. Nearby amenities include Target, Starbucks, Wawa, and numerous other retail establishments, along with a concentration of healthcare providers such as Virtua, Jefferson Health, and CHOP. The asking price is $3,200,000, representing a 6.00% cap rate and a price per square foot of $343.79. The property is zoned O-1 and offers lease options. This is a 1031 exchange-eligible property. The building's strong tenant base, favorable lease terms, and strategic location make it an ideal investment for discerning buyers.

Highlights

  • Sale Price: $3,200,000
  • Cap Rate: 6%
  • Offering Memorandum available upon signing Confidentiality Agreement.

Property Details for 709 Haddonfield-Berlin Rd

Property type
Office properties, Medical offices
Square Feet
9,308 SF
Class
A
Year Built/Renovated
1997/2024
Stories
2
Lot Size (sq. ft)
38,333 SF

Location Insight

City
Voorhees Township
County
Camden
State
New Jersey
Latitude
39.8521822
Longitude
-74.9798499
709 Haddonfield-Berlin Rd, Voorhees Township, New Jersey

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
709 Haddonfield-Berlin Rd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message