Leased Medical Office
4 Bypass Rd Salem, NJ 08079
4 Bypass Rd, Salem, NJ, 08079
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For Sale
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Two office condo units are fully leased to a pediatrics practice and occupied by Inspira Health.
Property Size3,800 SF
Days on Market102
Property Features for 4 Bypass Rd
General Information
- Standard status
- Active
- Size
- 3,800 SF
- Property subtype
- Office
Listing agency
Healthcare Realty Solutions LLC
Listed by
John Berenato, CCIM · License #NJ
Source
Crexi
Added: Apr 11 Updated: Jul 20 at 4:21PM Checked: Jul 21 at 10:39AM
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 Healthcare Realty Solutions LLC
Investment Insights
Based on property information with market context.
The property consists of two office condo units that are fully leased and currently occupied. The space is described as a pediatrics office, with Inspira Health operating the premises. The lease term runs through April 20, 2028, and the rent is stated at $19.00 per square foot with annual 3% rental increases.
The listing notes the building is in very good condition, with recent upgrades including new front doors, LED lighting, and flooring. The public remarks also indicate Inspira Health recently purchased Salem Medical Center located directly across the street.
Overall, this offering presents a completed, occupied medical-office setup with documented lease end date and renewal economics as provided in the remarks.
The listing notes the building is in very good condition, with recent upgrades including new front doors, LED lighting, and flooring. The public remarks also indicate Inspira Health recently purchased Salem Medical Center located directly across the street.
Overall, this offering presents a completed, occupied medical-office setup with documented lease end date and renewal economics as provided in the remarks.
Key Highlights
- Own 2 office condo units, fully leased to a pediatrics practice and occupied by Inspira Health.
- Lease ends April 20, 2028, with rent at $19.00 psf for 3,800 sq ft.
- Includes annual 3% rental increases through the lease term.
Property Analytics
Location Intelligence
Current Use by Public Records
Paul R Kouyoumdji
Pediatrician
Dr. Joseph Megara
Physician
Dr. Robert Dalsey
Physician
Center For Advanced Urology
Physician
Dr. Vladimir Bozic
Physician
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FAQs
What type of property is this?
Office units - Two office condo units are fully leased to a pediatrics practice and occupied by Inspira Health.
Where is this office units located?
The property is located at 4 Bypass Rd Salem, NJ.
What are key features of this property?
This property features: Own 2 office condo units, fully leased to a pediatrics practice and occupied by Inspira Health.; Lease ends April 20, 2028, with rent at $19.00 psf for 3,800 sq ft.; Includes annual 3% rental increases through the lease term.