Listing Agency: NAI Mertz - Corporate w***@naimertz.com Show Phone

Listed By: Will Frank · License #2441187 Show Phone

Source: Naiglobal

Added: Mar 6 Changed: Jul 6 Last Checked: Aug 16 at 4:14AM

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Investment Insights

Based on property information with market context.

Located in Medford, 107 Taunton Blvd offers an office leasing opportunity. The area features a business environment and a sense of community. Freedom Park is nearby, along with Medford's downtown area, featuring dining and shopping options. The property at 107 Taunton Blvd provides a setting for businesses seeking office space.

Key Highlights

• Prime 1st floor office space available
• Located in Medford, a charming township
• Thriving business environment

Property Analytics

Property Profile

Current Use

Rebecca Laitinen, Weichert ... Real Estate Agency Robert Michaud, Branch ... Real Estate Agency Jessica Nooney, Realtor ... Real Estate Agency Mary Ellen Gilbert, ... Real Estate Agency Erica Cudeyro- Weichert, ... Real Estate Agency

Suggested Use

Top Pick Dental Office Law Firm Building Supply Restaurant HVAC Service Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

$2.10 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

233

Businesses Nearby

Explore this area Business Placement

Demographics for 08055, NJ

28,806

Population

11,103

Households

2.6

Avg Household Size

45

Median Age

63%

College-Educated

98%

High-School Grad

40.0 sq mi

ZIP Area

720

Density / Sq Mi

$158,487

Median Household Income

$77,304

Median Earnings

$1,502

Median Rent

$456,000

Median Home Value

Market

Lease Benchmarks for Medford, NJ

$19.87 /SF/Yr

Avg Asking Price

$14–$26.39 /SF/Yr

Price Range

4,199 SF

Avg Space Size

This space is priced 30% below the average of $19.87 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019

15.4% 2020

17.6% 2021

19.1% 2022

20.2% 2023

20.9% 2024

19.9% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Office units - First floor office space in Medford's vibrant community.

Where is this office units located?

The property is located at 107 Taunton Blvd Medford, NJ.

What is the lease rate?

The lease rate is $14 SF/Yr.

What are key features of this property?

This property features: Prime 1st floor office space available; Located in Medford, a charming township; Thriving business environment