1103 W Sherman Avenue, Vineland, NJ 08360 | MLS NJCB2009972 | Listing Information | Berkshire Hathaway HomeServices Fox & Roach, REALTORS | Berkshire Hathaway HomeServices Fox & Roach, REALTORS
SOLD
$2,325,000  
Date 01/23/2024

1103 W Sherman Avenue
Vineland, NJ 08360

Office, Business Opportunities
Commercial
10,000
Sq. Ft.
10.08
Acres Lot
Courtesy: EXP Realty, LLC
This is a 3-unit medical office building (Building #2) in a centrally located professional campus and within a 2 minute ride to Inspira MedicalCenter and Rt 55. It offers 10,000+/-SF, and currently fully occupied with long term tenants, and fetching approximately $16,000/month in rent, all NNN. Each unit is large and aptly appointed for medical practices to conduct business. Building is in excellent condition and parking is more than ample. Some details about the three units included in the sale: Unit 2A: Currently owner occupied and (they are looking to stay) paying $6k/month rent with no lease. There is a large waiting room with reception/front office area, 4 exam rooms, an office, file room, large lab room, bathroom, employee room, kitchen, utility room with closet and storage space. Unit 2B: Tenant is currently in their 6th year of a 10-year lease paying $5,489 monthly. This unit has 6 exam rooms, 2 operating rooms, a lab, reception area, dining room and 4 baths. Unit 2C: Currently renting $4,830/month on a year-to-year lease. There are 5 examination rooms, a manager's room, nutritionist room, 2 doctors' offices, 3baths - one with shower, also a billing room and kitchen. We invite you to tour this great location and see for yourself what a fantastic investment opportunity it is.
NJCB2009972
Office, Business Opportunities, 1 Story
CUMBERLAND
2010
10.08 Acres
Public
1
Brick,Brick Veneer,Stucco
Public Sewer
10,000 Sq. Ft.
3 Total
Interior Features
Flooring
Vinyl, Carpet
Cooling
Central Air
Heating
Gas Heat. Forced Air.
Exterior / Lot Features
Parking
100 Parking Spaces.
Exterior
Stucco, Brick, Brick Trim/Veneer
Roof
Asphalt
Lot Dimensions
0.00 x 0.00
Financial Considerations
14-07001-00702-C2A
$10,250
Courtesy: EXP Realty, LLC
BRIGHT MLS - All information, regardless of source, should be verified by personal inspection by and/or with the appropriate professional(s). The information is not guaranteed. Measurements are solely for the purpose of marketing, may not be exact, and should not be relied upon for loan, valuation, or other purposes.
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