Medical-Grade Office
360-212 W Route 38 Moorestown, NJ 08057
For Sale
$177,900
Pending
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 Market532
Property Features for 360-212 W Route 38
General Information
Standard status
Pending
Size
1,010 SF
Listing Agency:
Century 21 Alliance-Medford
(609) 320-0572
Listed By:
James Brent Bergman · License #2220233
(609) 320-0572
Source:
Exprealty
Added: Feb 12, 2025
Changed: Jul 29
Last Checked: Jul 29 at 6:15AM
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
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 For Healthcare Medical
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 | $25.2k | $24.96 |
| − Vacancy | −$1.8k | −$1.80 |
| EGI | $23.4k | $23.16 |
| − OpEx | −$9.4k | −$9.27 |
| NOI | $14.0k | $13.90 |
1,010 SF · lease $24.96/SF/yr · vacancy 7.20% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$200.5K
$175.5K – $234.0K
NOI $14,037 @ 7.0% cap · market cap 7.89%
Second Best
Office B
$129.4K
$113.3K – $151.0K
NOI $9,061 @ 7.0% cap · market cap 5.09%
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.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office units - Office suite with two private offices, a common area, private bathroom, and a small kitchen within a well-maintained property.
Where is this office units 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
