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    1103 W Sherman Ave, Unit 3B Vineland, NJ 08360

    For Lease
    $20 SF/Yr

    CommercialLease - VINELAND, NJ

    Type:Office
    Lot size:
    10.08 Acres
    Days on Market:
    157
    Last Refresh:
    Dec 5 at 3:06 pm

    Property Features for 1103 W Sherman Ave

    General Information

    Property type
    Other
    Property subtype
    Office
    Standard status
    Active
    Parking
    10
    Parking features
    Parking Lot
    Lot size
    10.08 Acres

    Building Details

    Year built
    2006
    Building materials
    Concrete

    eXp Realty, LLC (866) 201-6210 [email protected]

    Listing agent Hader Rivas Sr. (609) 992-6872 License #0345922

    Listing date Jul 2, 2025

    Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Medical Office Building For Lease

    This is a 3-unit medical office building (Building #2) situated in a centrally located professional campus, a short distance from Inspira Medical Center and Rt 55. The property offers 10,000+/-SF and is currently fully occupied with long-term tenants, generating approximately $16,000/month in rent, all NNN. Each unit is large and well-suited for medical practices. The building is in excellent condition and provides ample parking. Unit 2A is currently owner-occupied (with the occupant looking to stay) and paying $6,000/month rent without a lease. This unit includes a large waiting room with a 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's tenant is in their 6th year of a 10-year lease, paying $5,489 monthly. This unit features 6 exam rooms, 2 operating rooms, a lab, reception area, dining room, and 4 baths. Unit 2C currently rents for $4,830/month on a year-to-year lease and contains 5 examination rooms, a manager's room, nutritionist room, 2 doctors' offices, 3 baths (one with a shower), a billing room, and a kitchen. The property is located in VINELAND, NJ, in CUMBERLAND County, on a lot of 10.08 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dr. Ana Altarriba-Walsh Dentist George T. Bennett, ... Chiropractor Dr. Philip Dorsey Practitioner Service Location Sanjay S. Kasturi, ... Urologist Mrs. Candice Wasolaskus Practitioner Service Location

    Suggested Use

    Restaurant Building Supply Spa & Massage Wholesale Shop Hair Salon Dental Office Auto Repair Shop Clothing Store Hotel & Motel Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Vineland
    County
    Cumberland
    State
    New Jersey
    Longitude
    -75.05006
    Latitude
    39.44625

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    FAQs

    What type of property is this?
    Medical office - Three-unit medical office building near Inspira Medical Center.
    Where is this medical office located?
    The property is located at 1103 W Sherman Ave, Unit 3B Vineland, NJ.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: - Fully occupied 3-unit medical office building generating approximately $16,000/month rent (NNN).; - Excellent condition and ample parking available.; - Located in a centrally located professional campus, just 2 minutes from Inspira Medical Center and Rt 55.
    (609) 992-6872
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1103 W Sherman Ave, Unit 3B Vineland, NJ 08360
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