61 Black Horse PikeGloucester Township, NJ 08012
NJ Medical Office, Net Lease, 7.75% Cap Rate
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 116
Highlights
- Single-tenant, NN+ leased medical office building occupied by Blackwood Dental Solutions, with a corporate guarantee from Dental Care Alliance.
- Prime Blackwood, NJ location on Black Horse Pike, high traffic area (14,000 VPD), in affluent submarket with $122,446 average household income within 3 miles.
- Established dental practice with over 18 years of operating history.
- Corporate-backed lease guarantee from Dental Care Alliance, a large DSO.
- Low-maintenance investment with recent 2020 roof replacement; NN+ lease minimizes landlord responsibilities.
- Lease expires 05/13/2024, offering lease renegotiation opportunity.
Property Details for 61 Black Horse Pike
- Property type
- Office properties, Medical offices
- Square Feet
- 6,400 SF
- Class
- B
- Year Renovated
- 2020
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 20,909 SF
- Units
- 1
Location Insight
- City
- Gloucester Township
- County
- Camden
- State
- New Jersey
- Latitude
- 39.8004518
- Longitude
- -75.0655776
Nearby Similar for Sale
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