Dental Condo Office
651 Route 73 #208 Marlton, NJ 08053
651 Route 73 #208, Marlton, NJ, 08053
$500,000
For Sale
$500,000
Renovated dental condo suite with strong NNN lease structure and excellent visibility near major routes.
Property Size1,168 SF
Price / SF$428.08
Days on Market52
Property Features for 651 Route 73 #208
General Information
- Standard status
- Active
- Size
- 1,168 SF
- Property subtype
- Commercial
Listing Agency
KELLER WILLIAMS REALTY FREEHOLD
(732) 536-9010
Listed by
IFTIKHAR HAQ · License #0789304
Source
Corcoran
Added: May 28 Checked: Jul 17 at 3:40 am
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 KELLER WILLIAMS REALTY FREEHOLD
Investment Insights
Based on property information with market context.
This 1,168± SF professional dental condo is offered in turnkey condition following major renovations throughout. The suite is designed for dental use and operates under a strong NNN lease structure, with the tenant paying approximately $3,000 per month plus association fees. The condo association fee is $317 per month, and taxes are listed at $4,111.62 annually. Visibility is supported by directory suite signage.
The property provides easy access to Route 73, Route 70, and I-295 (NJ Turnpike), making it convenient for patient and staff visits. Route connectivity can be an important factor for medical and professional tenants that rely on consistent access.
For investors, the combination of a renovated space and NNN lease structure may be attractive for stable income. For practitioners or owners considering an alternative to a traditional lease, a condo setup can offer a straightforward ownership path while keeping the layout purpose-built for dental services.
The property provides easy access to Route 73, Route 70, and I-295 (NJ Turnpike), making it convenient for patient and staff visits. Route connectivity can be an important factor for medical and professional tenants that rely on consistent access.
For investors, the combination of a renovated space and NNN lease structure may be attractive for stable income. For practitioners or owners considering an alternative to a traditional lease, a condo setup can offer a straightforward ownership path while keeping the layout purpose-built for dental services.
Key Highlights
- 1,168± SF professional dental condo suite with major renovations throughout
- NNN lease structure with tenant paying approximately $3,000/month plus association fees
- Condo association fee of $317/month
Local 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 | $25.6k | $21.96 |
| − Vacancy | −$3.8k | −$3.25 |
| EGI | $21.9k | $18.71 |
| − OpEx | −$5.5k | −$4.68 |
| NOI | $16.4k | $14.03 |
1,168 SF · lease $21.96/SF/yr · vacancy 14.80% · expense 25.00%
Alternative Uses
Best Use
Office B
$234.1K
$204.9K – $273.2K
NOI $16,390 @ 7.0% cap · market cap 3.28%
Second Best
Healthcare Medical
$204.7K
$179.1K – $238.8K
NOI $14,330 @ 7.0% cap · market cap 2.87%
Theoretical Best
Office A
$296.2K
$259.1K – $345.5K
NOI $20,731 @ 7.0% cap · market cap 4.15%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Medical Office Space
Similar For Sale Nearby
FAQs
What type of property is this?
Medical Office Space - Renovated dental condo suite with strong NNN lease structure and excellent visibility near major routes.
Where is this medical office space located?
The property is located at 651 Route 73 #208 Marlton, NJ.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 1,168± SF professional dental condo suite with major renovations throughout; NNN lease structure with tenant paying approximately $3,000/month plus association fees; Condo association fee of $317/month
