Medical Office Building
340 Egg Harbor Rd Sewell, NJ 08080
For Sale
Contact for pricing
Medical office building with exam rooms, private offices, and lab/X-ray space across multiple finished levels.
Property Size6,200 SF
Price / SF$290.32
Days on Market304
Property Features for 340 Egg Harbor Rd
General Information
Standard status
Active
Size
6,200 SF
Property subtype
OFFICE
Listing Agency:
NAI Mertz - Corporate
(609) 352-1162
Listed By:
Joe Riggs · License #2441187
(609) 352-1162
Source:
Moodyscre
Added: Sep 29, 2025
Changed: Jul 27
Last Checked: Jul 28 at 12:53PM
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 NAI Mertz - Corporate
Investment Insights
Based on property information with market context.
This medical office building is available for occupancy beginning June 2026 and features an existing medical fitout with upgraded interior finishes. The 1st floor includes eight exam rooms, two private offices, and lab/X-ray space. The 2nd floor offers three private offices and a bullpen area. The lower level is finished with a lounge/conference area and an included kitchen.
On-site parking includes 25 spaces. Showings are available by appointment only.
On-site parking includes 25 spaces. Showings are available by appointment only.
Key Highlights
- Available June 2026 for medical office use
- 1st floor includes 8 exam rooms, 2 private offices, and lab/x‑ray space
- 2nd floor features 3 private offices and a bullpen area
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 | $160.0k | $25.80 |
| − Vacancy | −$29.6k | −$4.77 |
| EGI | $130.4k | $21.03 |
| − OpEx | −$32.6k | −$5.26 |
| NOI | $97.8k | $15.77 |
6,200 SF · lease $25.80/SF/yr · vacancy 18.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.40M
$1.22M – $1.63M
NOI $97,776 @ 7.0% cap · market cap 5.43%
Second Best
Healthcare Medical
$978.5K
$856.2K – $1.14M
NOI $68,494 @ 7.0% cap · market cap 3.81%
Theoretical Best
Office A
$2.08M
$1.82M – $2.43M
NOI $145,885 @ 7.0% cap · market cap 8.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Gloucester County Animal Hospital — 354 Egg Harbor Rd, Sewell, NJ 08080
- Gloucester County Animal Hospital: Ridenour Dwight D DVM — 354 Egg Harbor Rd, Sewell, NJ 08080
Frequently Asked Questions
What type of property is this?
Medical Office Space - Medical office building with exam rooms, private offices, and lab/X-ray space across multiple finished levels.
Where is this medical office space located?
The property is located at 340 Egg Harbor Rd Sewell, NJ.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Available June 2026 for medical office use; 1st floor includes 8 exam rooms, 2 private offices, and lab/x‑ray space; 2nd floor features 3 private offices and a bullpen area
