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Property profile & analytics
FOR LEASE
Commercial real estate

42 Locust Ave Wallington, NJ 07057

0.22 ac lot Built 1992
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US59-1510949
Property summary
AI-generated overview

This exceptional 10,000 square foot medical office space is available for lease in Wallington, NJ. Located at 42 Locust Avenue, Unit 5, this second-floor suite offers convenient elevator and stair access. The layout is ideally suited for a medical practice, featuring a spacious waiting room, a dedicated reception area, four well-appointed exam rooms, a combined lab and kitchenette, two half bathrooms, one full bathroom, and two private offices. A convenient conference room provides a space for meetings and consultations. The property also boasts ample parking within a covered garage on the premises, ensuring convenient access for both staff and patients. The property sits on a 0.22-acre lot. The monthly lease rate is $3300. This turnkey space is ready for immediate occupancy and presents a fantastic opportunity for a growing medical practice seeking a well-equipped and conveniently located office. The building offers easy access to major transportation routes, making it an ideal location for patients and staff alike. The combination of size, amenities, and parking makes this a highly desirable property. Serious inquiries only.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1992
Lot 0.22 ac (9,409 SF)
Zoning code LI-C
APN 65 00040-0000-00001
UPID US59-1510949
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Chapa Mary Employment Agency
  • Dr. Amit Tailor Physician
  • C Rozdeba And M Lopinska Mds Llc Pediatrician Medical Clinic
  • Prime Care Pediatrics Pediatrician Medical Clinic
  • Beata Rodzen Pediatrician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.00M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.00M
Owner & transaction history
Nadia Investment LLC · 3 yrs held
Nadia Investment LLC
since 2023
Last sale
$2.0M
1 recorded transaction
2023
$2.0M
Zoning & alternative use
LI-C · Wallington, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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