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Medical Office Condominium
New
For Lease
$20 SF/Yr

20 Hospital Dr 23, Toms River, NJ 08755

The undemised suite can accommodate medical, physical therapy, or Pilates use.

Space Size1,249 SF
Days on Market2

Property Features for 20 Hospital Dr 23

General Information

Standard status Active
Size 1,249 SF
Net Rentable 1,249 SF
Class B
Property subtype Commercial

Space & Availability

Available Space 1,249 SF
Contiguous Space 1,249 SF
Space Use Medical Office

Taxes and HOA fees

Annual Taxes $4,584

Building Details

Building Size 1,249 SF
Year Built 1972
Stories 3
Listing Agency: C21/ Action Plus Realty
Listed By: Joan L Velardi · License #0337813
Source: Elliman
Added: Oct 19 Last Checked: Oct 19 at 2:15PM

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 C21/ Action Plus Realty

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Investment Insights

Based on property information with market context.

Unit 23 is a 1,249-square-foot medical office condominium within a three-story, Class B professional building completed in 1972. The suite is not demised and is identified for medical office, physical therapy, or Pilates use. The property includes 62,270 square feet of building area and on-site surface parking.

At 20 Hospital Drive in Toms River, the building sits directly across from Community Medical Center, within an established healthcare corridor.

Key Highlights

  • 1,249‑square‑foot medical office condominium, Unit 23
  • Undemised space identified for medical, physical therapy, or Pilates use
  • Three‑story, Class B building completed in 1972

Property Analytics

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Current Use

Dr. John A. Swain, ... Dental Office Roncin Jr Raymond ... Dental Office Albert Swain, DDS Dental Office Swain Dental Dental Office Oral Surgeon Associates: ... Dental Office

Suggested Use

Top Pick Real Estate Agency Building Supply Auto Repair Shop Big Box & Wholesale Store Hair Salon Auto Parts Store

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
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,299
Businesses Nearby
Under-served
Demand for This Use

Demographics for 08755, NJ

28,643
Population
11,318
Households
2.5
Avg Household Size
44
Median Age
33%
College-Educated
92%
High-School Grad
16.0 sq mi
ZIP Area
1,790
Density / Sq Mi
$81,077
Median Household Income
$54,183
Median Earnings
$1,484
Median Rent
$379,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Toms River, NJ

$18.93 /SF/Yr
Avg Asking Price
$4.1–$23 /SF/Yr
Price Range
4,348 SF
Avg Space Size

This space is priced 6% above the average of $18.93 /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

Similar Off Market Nearby

  • PriorityVet - Pet Urgent Care of Toms River , NJ — 226 NJ-37, Toms River, NJ 08755

Frequently Asked Questions

What type of property is this?
Medical Office Space - The undemised suite can accommodate medical, physical therapy, or Pilates use.
Where is this medical office space located?
The property is located at 20 Hospital Dr 23 Toms River, NJ.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: 1,249‑square‑foot medical office condominium, Unit 23; Undemised space identified for medical, physical therapy, or Pilates use; Three‑story, Class B building completed in 1972
More about this property
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