Dental Office on Route
For Sale
Contact for pricing
539-553 Rte 70 W, River Edge, NJ
Freestanding, fully equipped dental office in a high-traffic area.
Property Size1,031 SF
Lot Size0.14 Acres
Price / SF$387.97
Days on Market1372
Property Features for 539-553 Rte 70 W
General Information
Standard status
Active
Size
1,031 SF
Lot size
0.14 Acres
Property subtype
OFFICE
Lease Type
Gross
Properties For Sale
at 539-553 Rte 70 W
539 Rte 70 W
AVAILABLE, Now
Floor
Bldg
Size
1,031 SF
Type
OFFICE
Lease Type
GROSS
Sublease
No
- Highly visible, free standing, fully equipped dental office located within a densely populated area
- On-site parking
- Recent equipment upgrades equipment/instruments included
- 3 operatories with potential for fourth
- Close proximity to major retail shopping centers and restaurants
Contact us
Listing Agency:
Vantage Commercial
(856) 797-1919
Listed By:
Emily Stein · License ##1866657
(609) 457-9816
Source:
Moodyscre
Added: Jan 25, 2023
Changed: Oct 15
Last Checked: Oct 26 at 7:41PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Vantage Commercial
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This is a highly visible, freestanding, fully equipped dental office located within a densely populated area. The property includes on-site parking. Recent equipment upgrades have been made, and equipment and instruments are included. The office features 3 operatories with the potential for a fourth. It is situated in close proximity to major retail shopping centers and restaurants. The property has a size of 1031 square feet.
Key Highlights
- Fully equipped dental office with recent equipment upgrades and instruments included.
- Highly visible, free‑standing building in a densely populated area.
- Three operatories with potential for a fourth.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,774
Cap Rate
3.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$315,480
$315.5K
Cap Rate 7%
$225,343
$225.3K
Cap Rate 9%
$175,267
$175.3K
Market Conditions
NOI Build-Up for 1,031 SF
Gross rent
$30.9K $30.00/SF
− Vacancy
−$9.9K −$9.60/SF
EGI
$21.0K $20.40/SF
− OpEx
−$5.3K −$5.10/SF
NOI
$15.8K $15.30/SF
Area
Bergen County, NJ
Vacancy
32.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$315,480
Cap Rate 7%
$225,343
Cap Rate 9%
$175,267
Alternative Uses
Best Use
Office B
$225.3K
$197.2K – $262.9K
NOI $15,774 @ 7.0% cap · market cap 3.94%
Second Best
Healthcare Medical
$219.3K
$191.9K – $255.9K
NOI $15,351 @ 7.0% cap · market cap 3.84%
Theoretical Best
Office A
$269.2K
$235.6K – $314.1K
NOI $18,845 @ 7.0% cap · market cap 4.71%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
496
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Medical Office Space - Freestanding, fully equipped dental office in a high-traffic area.
Where is this medical office space located?
The property is located at 539-553 Rte 70 W River Edge, NJ.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Fully equipped dental office with recent equipment upgrades and instruments included.; Highly visible, free‑standing building in a densely populated area.; Three operatories with potential for a fourth.
