Leased Medical Office
For Sale
Contact for pricing
4 Bypass Rd, Salem, NJ 08079
Two office condo units are fully leased to a pediatrics practice and occupied by Inspira Health.
Property Size3,800 SF
Days on Market148
Property Features for 4 Bypass Rd
General Information
Standard status
Active
Size
3,800 SF
Property subtype
Office
Occupancy
100%
Units
Multifamily Units
2
Office Units
2
Listing Agency:
Healthcare Realty Solutions LLC
Listed By:
John Berenato, CCIM · License #NJ
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 23 at 4:11AM
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
Property Profile
Current Use
Lease Details
2
Office units
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
134
Businesses Nearby
Explore this area
Business Placement
Demographics for 08079, NJ
10,793
Population
5,213
Households
2.1
Avg Household Size
40
Median Age
19%
College-Educated
87%
High-School Grad
88.7 sq mi
ZIP Area
122
Density / Sq Mi
$60,375
Median Household Income
$46,345
Median Earnings
$1,057
Median Rent
$180,300
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
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.
