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Professional Dental Condo

208-651 Route 73 Marlton, NJ 08053

208-651 Route 73, Marlton, NJ, 08053
$500,000
For Sale
$500,000

Standalone dental condo with major renovations and a strong NNN lease structure for steady, managed office ownership.

Property Size1,168 SF
Price / SF$428.08
Days on Market54

Property Features for 208-651 Route 73

General Information

Standard status
Active
Size
1,168 SF
Listing Agency Keller Williams Realty Freehold
Listed by Iftikhar Haq · License #0789304
Source Exprealty
Added: May 28 Updated: Jul 10 at 1:49 pm Checked: Jul 20 at 7:55 am

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 Keller Williams Realty Freehold


Investment Insights

Based on property information with market context.

This offering is a 1,168± SF professional dental condo with major renovations throughout. The space is designed for dental office use, and the condo includes strong NNN lease structure terms with the tenant paying approximately $3,000 per month plus association fees. The monthly condo association fee is $317, and taxes are listed at $4,111.62.

The property is positioned for practical customer and patient access, with excellent visibility supported by directory and suite signage. Access to key regional routes is highlighted, including Route 73, Route 70, I-295, and the NJ Turnpike.

For buyers seeking a specialist office condo tied to a dental tenant, this configuration offers a renovated, turnkey-style medical office option within a managed condo association framework. The combination of suite signage, directory visibility, and established lease structure is suited to an owner looking for a focused medical asset rather than a general-purpose office exposure.

Key Highlights

  • 168± SF professional dental condo with major renovations throughout
  • Tenant paying approximately $3,000/month plus association fees
  • NNN lease structure for managed office ownership

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $25.6k $21.96
− Vacancy −$3.8k −$3.25
EGI $21.9k $18.71
− OpEx −$5.5k −$4.68
NOI $16.4k $14.03
1,168 SF · lease $21.96/SF/yr · vacancy 14.80% · expense 25.00%

Alternative Uses

Best Use
Office B
$234.1K
$204.9K – $273.2K (±1% cap)
NOI $16,390 @ 7.0% cap · market cap 3.28%
Second Best
Healthcare Medical
$204.7K
$179.1K – $238.8K (±1% cap)
NOI $14,330 @ 7.0% cap · market cap 2.87%
Theoretical Best
Office A
$296.2K
$259.1K – $345.5K (±1% cap)
NOI $20,731 @ 7.0% cap · market cap 4.15%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Medical Office Space

Suggested Use

Law Firm Restaurant Dental Office Building Supply Daycare Center Gym & Fitness Center Auto Repair Shop Accounting Firm HVAC Service Computer & Electronic Repair

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Medical Office Space - Standalone dental condo with major renovations and a strong NNN lease structure for steady, managed office ownership.
Where is this medical office space located?
The property is located at 208-651 Route 73 Marlton, NJ.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 168± SF professional dental condo with major renovations throughout; Tenant paying approximately $3,000/month plus association fees; NNN lease structure for managed office ownership
Contact an agent
More about this property
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