Medical Office Building
For Sale
Contact for pricing
340 Egg Harbor Rd, Sewell, NJ 08080
Medical office building with exam rooms, private offices, and lab/X-ray space across multiple finished levels.
Property Size6,200 SF
Price / SF$258.05
Days on Market394
Property Features for 340 Egg Harbor Rd
General Information
Standard status
Active
Size
6,200 SF
Total Parking Spaces
25
Property subtype
OFFICE
Amenities
finished lounge/conference area with kitchen
Building Details
Stories
3
Listing Agency:
NAI Mertz - Corporate
(856) 234-9600
Listed By:
Joe Riggs
(609) 352-1162
Source:
Moodyscre
Added: Sep 29, 2025
Changed: Oct 26
Last Checked: Oct 26 at 1:43PM
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
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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
Estimated NOI and Cap Rate
NOI / Yr
$97,776
Cap Rate
6.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,955,520
$2.0M
Cap Rate 7%
$1,396,800
$1.4M
Cap Rate 9%
$1,086,400
$1.1M
Market Conditions
NOI Build-Up for 6,200 SF
Gross rent
$160.0K $25.80/SF
− Vacancy
−$29.6K −$4.77/SF
EGI
$130.4K $21.03/SF
− OpEx
−$32.6K −$5.26/SF
NOI
$97.8K $15.77/SF
Area
Gloucester County, NJ
Vacancy
18.50%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,955,520
Cap Rate 7%
$1,396,800
Cap Rate 9%
$1,086,400
Alternative Uses
Best Use
Office B
$1.40M
$1.22M – $1.63M
NOI $97,776 @ 7.0% cap · market cap 6.11%
Second Best
Healthcare Medical
$978.5K
$856.2K – $1.14M
NOI $68,494 @ 7.0% cap · market cap 4.28%
Theoretical Best
Office A
$2.08M
$1.82M – $2.43M
NOI $145,885 @ 7.0% cap · market cap 9.12%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
480
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 08080, NJ
37,942
Population
14,746
Households
2.6
Avg Household Size
43
Median Age
44%
College-Educated
96%
High-School Grad
29.2 sq mi
ZIP Area
1,299
Density / Sq Mi
$119,919
Median Household Income
$61,474
Median Earnings
$1,674
Median Rent
$330,400
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Similar Off Market Nearby
- Gloucester County Animal Hospital: Ridenour Dwight D DVM — 354 Egg Harbor Rd, Sewell, NJ 08080
- Gloucester County Animal Hospital — 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 $1,599,900.
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
