500 Sheppard RdVoorhees Township, NJ 08043

Property Details for 500 Sheppard Rd

Year built

2007

Property size (Sq ft)

2,476 SF

Property type

Office properties

Property subtype

Medical offices

Description

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.

Location Insight

City

Voorhees Township

County

Camden

State

New Jersey

Latitude

39.8605

Longitude

-74.9486

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