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    408 Chris Gaupp Dr Galloway, NJ 08205

    For Lease
    $17 SF/Yr

    2,075 SF Medical Office Space, NJ

    Lot size:
    2,075 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This 2,075-square-foot Class B office building in Galloway, New Jersey, is ideally situated near ACMC Mainland Medical Center, Stockton University, assisted living facilities, and major roadways. The single-tenant space features a versatile layout previously used as a physical therapy practice, including a waiting room, reception area, multiple treatment rooms, a private consultation office, and two restrooms (one ADA compliant). The property sits on 1.51 acres and includes 47 parking spaces. Available for occupancy within 30-60 days, this property offers a base rental rate of $17.50 per square foot, plus $7.50 per square foot for common area operating expenses in the base year, with annual escalations. A minimum five-year lease is required, with options to renew. Utilities and telecommunications are the responsibility of the tenant. Multiple entrances and exits provide convenient access. This prime location offers excellent visibility and accessibility, making it an attractive opportunity for medical or other professional practices.

    Property Features for 408 Chris Gaupp Dr

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,075 SF
    Class
    B

    Unit(s) available at that property

    Space
    Size
    2,075 SF
    Rate per SF
    $17
    Property Profile Location Intelligence

    Current Use by Public Records

    Office space

    Map

    City
    Galloway
    County
    Atlantic
    State
    New Jersey
    Longitude
    -74.542975023671
    Latitude
    39.471478995539

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    FAQs

    What type of property is this?
    Office space - 2,075 SF Medical Office Space, NJ
    Where is this office space located?
    The property is located at 408 Chris Gaupp Dr Galloway, NJ.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    Request Owner's contact information
    408 Chris Gaupp Dr Galloway, NJ 08205
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    408 Chris Gaupp Dr Galloway, NJ 08205
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