Building Details

Year Built 2002

Listing Agency: COLDWELL BANKER REALTY Show Phone

Listed By: SUSANNA LEE Show Phone

Source: Corcoran

Added: Sep 12 Changed: Sep 14 Last Checked: Sep 14 at 2:23PM

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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 COLDWELL BANKER REALTY

Investment Insights

Based on property information with market context.

Suite 101 provides approximately 4,980 SF on the first floor of a two-story brick professional office building constructed in 2002. Formerly operated as a surgery center, the space is suited to medical, healthcare, and professional office use. The property includes an oversize paved parking lot on approximately 2.25 acres, with an established mix of medical occupants in the building.

The site is near Route 1 and major highways, with proximity to Robert Wood Johnson University Hospital and Saint Peter's University Hospital. Separate utility meters serve the suite, and the lease structure is NNN. The space is available immediately.

Key Highlights

• Approximately 4,980 SF first‑floor Suite 101
• Former surgery center suited to medical and professional office use
• Two‑story brick office building constructed in 2002

Property Analytics

Current Use

IVIRMA Medical Laboratory Barbara Anne Etheridge Pediatrician ID Physician Dr. Haritha Potluri, ... Physician Leo F. Doherty, ... Physician

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Carpet & Flooring Store Gym & Fitness Center Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

866

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 08873, NJ

55,500

Population

22,142

Households

2.5

Avg Household Size

42

Median Age

54%

College-Educated

93%

High-School Grad

32.1 sq mi

ZIP Area

1,729

Density / Sq Mi

$117,866

Median Household Income

$61,727

Median Earnings

$1,942

Median Rent

$438,600

Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019

15.4% 2020

17.6% 2021

19.1% 2022

20.2% 2023

20.9% 2024

19.9% 2025

Questions? Ask Rey

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What type of property is this? Where is this medical office space located? What is the lease rate? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Medical Office Space - Former surgery-center suite in a two-story professional office building with separate utility metering.

Where is this medical office space located?

The property is located at 81 Veronica Ave Franklin Twp, NJ.

What is the lease rate?

The lease rate is $8,117/Mo.

What are key features of this property?

This property features: Approximately 4,980 SF first‑floor Suite 101; Former surgery center suited to medical and professional office use; Two‑story brick office building constructed in 2002