1103 W Sherman Ave Unit 2, Vineland, NJ 08360 | MLS 566595 | 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 Ave Unit 2
Vineland, NJ 08360

Office
Commercial
2.01
Acres Lot
Courtesy: eXp Realty - Montclair
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 $16,319/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.
566595
Office, Other
Cumberland
2010
2.01 Acres
Public
Brick, Stucco
Public Sewer
3 Total
Interior Features
Flooring
Vinyl
Cooling
Central Air
Heating
Gas Heat. Forced Air.
Security
Security System, Smoke Detector(s)
Exterior / Lot Features
Exterior
Stucco, Brick
Roof
Asphalt
Community Features
Security Features
Security System, Smoke Detector(s)
Complex Features
Security System, Smoke Detector(s)
Financial Considerations
$10,063
Courtesy: eXp Realty - Montclair
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