Overview
The property is leased to AtlantiCare, a leading Southeastern New Jersey healthcare system with an AA- credit rating and approximately $1 billion in annual revenue, providing strong, stable tenancy.
Positioned along a dominant medical corridor just off Route 9 and across from Cooper University Hospital – Cape Regional, the asset benefits from consistent healthcare-driven demand. Its proximity to affluent shore communities, including Stone Harbor and Avalon, further supports strong underlying demographics and long-term value.
Investment Highlights
HIGH-YIELD & LOW-PRICE-POINT OPPORTUNITY IN SOUTH JERSEY
The offering presents a sub-$900,000 investment with an 8.50% return, providing investors with an attractive entry point and strong cash flow relative to the price.
2.5 YEARS REMAINING ON BASE TERM WITH 2% RENTAL INCREASES
The lease features approximately 2.5 years remaining on the base term with 2% annual rental increases, providing nearterm income stability while allowing flexibility for future lease extension or repositioning.
RECENT TENANT-FUNDED RENOVATION
AtlantiCare completed a full interior renovation and medical fit-out at its own expense and has successfully operated at the location for approximately three years, demonstrating commitment to the site.
Photo Gallery
Sales Team
License #: PA: RS336064, NJ: 1863254
(215) 531-7056mark.krantz@marcusmillichap.com