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500 Sheppard Rd Voorhees Township, NJ 08043

Prime NJ medical office, high occupancy.

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional Class A, single-tenant medical office building, located at 500 Sheppard Rd, Voorhees Township, NJ 08043, presents a unique investment opportunity. Built in 2007 and renovated in 2021, the property boasts 2,476 square feet across one single-story building with two units. Currently operating at 100% occupancy with a lease expiration date of September 1, 2024, this property offers a strong, stable income stream. The building features individualized entrances with 24/7 access and ample on-site parking. Its strategic location in the Voorhees/Cherry Hill/Marlton triangle provides convenient access to major medical centers, including Cooper, Virtua, and Jefferson hospitals. The property is offered as a sale to a user or a sale-leaseback transaction. The building is categorized as Executive Office, Medical Office, and Traditional Office space, and operates under a NNN lease structure. Rent bumps are included in the lease agreement. The property offers a cap rate exceeding 7%. This is a rare opportunity to acquire a high-quality, income-producing asset in a desirable location. Don't miss this chance to own a piece of this thriving medical market.

Highlights

  • Strong 7%+ cap rate.
  • High-demand location with excellent visibility.
  • Recently renovated interior spaces.
  • Long-term, stable tenant base.
  • Significant upside potential through lease-up or rent increases.

Property Details for 500 Sheppard Rd

Property type
Office properties, Medical offices
Square Feet
2,476 SF
Class
A
Year Built/Renovated
2007/2021
Buildings
1
Stories
1
Units
2

Location Insight

City
Voorhees Township
County
Camden
State
New Jersey
Latitude
39.86048603281
Longitude
-74.94864052602

FAQs

What type of property is this?
Office property - Prime NJ medical office, high occupancy.
Where is the office property located?
The property is located at 500 Sheppard Rd Voorhees Township, NJ.
What are key features of this property?
This property features: Strong 7%+ cap rate.; High-demand location with excellent visibility.; Recently renovated interior spaces.
How can I contact the broker?
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500 Sheppard Rd
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