202 Route 130Cinnaminson, NJ 08077

Property Details for 202 Route 130

Year built

1975

Lot size

6.72 AC

Property type

Commercial real estate

APN

08 02001-0000-00003

APU

802001000000003

Description

This exceptional 9,530-square-foot medical office building, located at 202 Route 130 North in Cinnaminson, New Jersey, presents a unique leasing opportunity. Situated in Burlington County, this property offers flexible space options, perfect for a variety of medical practices. The building is currently fully vacant, providing a blank canvas for a new tenant to customize the space to their exact specifications. Two spaces are available, with a minimum divisible space of 2,400 square feet and a maximum contiguous space of 7,130 square feet. This allows for significant flexibility, accommodating both smaller practices seeking expansion or larger organizations requiring substantial space. The property is classified as both retail and office, offering versatile usage potential. Its convenient location on Route 130 North ensures high visibility and easy accessibility for patients and staff. The zip code is 08077. This is an excellent opportunity to establish or expand a medical practice in a thriving New Jersey community. The entire building is available for lease, providing a rare chance to secure a prominent presence in a desirable location. Interested parties are encouraged to inquire about lease terms and conditions.

• CAP approach

  CAP return

  Valuation

  6%

  $74,806,600

  6.5%

  $69,052,200

  7%

  $64,119,900

• Comparable approach

  Method

  Valuation

  Relative Method

  $38,247,200

  Geo Method

  $38,247,200

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $130,178,000

  Retail / Commercial

  $67,884,000

  Mixed-Use / Specialty

  $68,532,200

  Hospitality / Lodging

  $51,438,800

  Office

  $69,052,200

  Institutional / Educational

  $71,564,000

  Residential Income

  $83,729,900

  Multifamily

  $95,486,100

  Automotive / Energy

  $61,340,600

  Parking / Income-Based Land

  $20,288,400

  Restaurant / Food Service

  $37,543,900

  Healthcare / Senior Housing

  $69,365,600

Location Insight

City

Cinnaminson

County

Burlington

State

New Jersey

Latitude

39.9867

Longitude

-75.0102

CBSA code

37980

CBSA name

PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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