Medical-Grade Office
For Sale
$177,900
Pending
360-212 W Route 38, Moorestown, NJ 08057
Office suite with two private offices, a common area, private bathroom, and a small kitchen within a well-maintained property.
Property Size1,010 SF
Days on Market623
Property Features for 360-212 W Route 38
General Information
Standard status
Pending
Size
1,010 SF
Additional Details
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$4,800
Amenities
private mailbox
Listing Agency:
Century 21 Alliance-Medford
(609) 654-8797
Listed By:
James Brent Bergman · License #2220233
(609) 320-0572
Source:
Exprealty
Added: Feb 12, 2025
Changed: Oct 25
Last Checked: Oct 26 at 6:17PM
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 Century 21 Alliance-Medford
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This office suite offers a functional layout designed for day-to-day work. Inside, you’ll find two private offices, a large common area suitable for an assistant workspace or collaboration, and a small kitchen area. The suite also includes a private bathroom, carpeted floors, and a private mailbox near the building.
The property is located on Route 38 W in Moorestown, NJ, providing straightforward access to the corridor. The building is described as well-maintained and includes ample parking for visitors and staff.
As an available office suite for lease, it can support professional services needs with dedicated private workspaces and shared common-area flexibility.
The property is located on Route 38 W in Moorestown, NJ, providing straightforward access to the corridor. The building is described as well-maintained and includes ample parking for visitors and staff.
As an available office suite for lease, it can support professional services needs with dedicated private workspaces and shared common-area flexibility.
Key Highlights
- 1,010 SF office suite for lease at 212 Route 38 W, Moorestown, NJ 08057
- Suite layout includes two private offices plus a large common area for desks or collaborative work
- Private bathroom and small kitchen within the suite for tenant convenience
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,061
Cap Rate
5.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$181,220
$181.2K
Cap Rate 7%
$129,443
$129.4K
Cap Rate 9%
$100,678
$100.7K
Market Conditions
NOI Build-Up for 1,010 SF
Gross rent
$13.6K $13.44/SF
− Vacancy
−$1.5K −$1.48/SF
EGI
$12.1K $11.96/SF
− OpEx
−$3.0K −$2.99/SF
NOI
$9.1K $8.97/SF
Area
Burlington County, NJ
Vacancy
11.00%
Lease Rate
$13.44 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$181,220
Cap Rate 7%
$129,443
Cap Rate 9%
$100,678
Alternative Uses
Best Use
Office B
$129.4K
$113.3K – $151.0K
NOI $9,061 @ 7.0% cap · market cap 5.09%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$2.11M
$1.85M – $2.46M
NOI $147,868 @ 7.0% cap · market cap 83.12%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,507
Businesses Nearby
Explore this area
Business Placement
Demographics for 08057, NJ
21,691
Population
8,382
Households
2.6
Avg Household Size
44
Median Age
67%
College-Educated
96%
High-School Grad
15.3 sq mi
ZIP Area
1,418
Density / Sq Mi
$152,290
Median Household Income
$72,500
Median Earnings
$1,485
Median Rent
$626,400
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Office suite with two private offices, a common area, private bathroom, and a small kitchen within a well-maintained property.
Where is this office unit located?
The property is located at 360-212 W Route 38 Moorestown, NJ.
What is the asking price?
The asking price for this property is $177,900.
What are key features of this property?
This property features: 1,010 SF office suite for lease at 212 Route 38 W, Moorestown, NJ 08057; Suite layout includes two private offices plus a large common area for desks or collaborative work; Private bathroom and small kitchen within the suite for tenant convenience
