Turnkey Office Suite with
For Sale
$179,900
G-105 Atsion Rd, Medford, NJ 08055
Fully renovated office suite with multiple private offices, collaborative areas, and controlled entry for owner-users or investors.
Property Size1,700 SF
Price / SF$105.82
Days on Market83
Property Features for G-105 Atsion Rd
General Information
Standard status
Active
Size
1,700 SF
Additional Details
Business Included
Yes
Highway Access
Yes
Office Units
1
Taxes and HOA fees
Annual Taxes
$3,074
Listing Agency:
Hedenberg Real Estate Company LLC
(856) 397-5744
Listed By:
Brandon Hedenberg · License #1752988
(856) 397-5744
Source:
Exprealty
Added: Jun 1
Changed: Aug 21
Last Checked: Aug 21 at 12:42PM
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 Hedenberg Real Estate Company LLC
Investment Insights
Based on property information with market context.
This turnkey professional office suite totals 1,700± SF and has been fully renovated for immediate use. The interior includes multiple private offices, shared collaborative workspaces, a reception area, and a restroom. Finishes and updates are highlighted by modern luxury vinyl flooring and fresh paint throughout, supported by a professional design package. Security and convenience features include an access control system, video intercom, and a comprehensive security system. The association has also recently installed a new roof.
The suite is located within a well-maintained office complex in Medford, New Jersey. Parking is available on-site, and the property provides convenient access to Route 70 and Route 73, connecting to major South Jersey and Philadelphia employment centers.
The layout is suited to a range of professional and office-oriented users, including medical-related services, attorneys, accountants, consultants, therapists, insurance agencies, and creative firms, as well as satellite offices. Purchase options are available to acquire the property with existing occupants in place or to take delivery vacant for owner-occupancy. Buyers should complete all due diligence, including verification of zoning, utility availability, wetlands, septic, flood zone, and all municipal approvals prior to closing.
The suite is located within a well-maintained office complex in Medford, New Jersey. Parking is available on-site, and the property provides convenient access to Route 70 and Route 73, connecting to major South Jersey and Philadelphia employment centers.
The layout is suited to a range of professional and office-oriented users, including medical-related services, attorneys, accountants, consultants, therapists, insurance agencies, and creative firms, as well as satellite offices. Purchase options are available to acquire the property with existing occupants in place or to take delivery vacant for owner-occupancy. Buyers should complete all due diligence, including verification of zoning, utility availability, wetlands, septic, flood zone, and all municipal approvals prior to closing.
Key Highlights
- Fully renovated 1,700+ SF professional office suite in an office complex in Medford, NJ
- Layout includes multiple private offices, shared collaborative workspaces, and a reception area
- Includes restroom and modern luxury vinyl flooring with fresh paint and updated finishes throughout
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$15,251
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.48%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$305,020
$305.0K
Cap Rate 7%
$217,871
$217.9K
Cap Rate 9%
$169,456
$169.5K
Market Conditions
NOI Build-Up for 1,700 SF
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.
Gross rent
$22.8K $13.44/SF
− Vacancy
−$2.5K −$1.48/SF
EGI
$20.3K $11.96/SF
− OpEx
−$5.1K −$2.99/SF
NOI
$15.3K $8.97/SF
Area
Burlington County, NJ
Vacancy
11.00%
Lease Rate
$13.44 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$305,020
Cap Rate 7%
$217,871
Cap Rate 9%
$169,456
Alternative Uses
Best Use
Office B
$217.9K
$190.6K – $254.2K
NOI $15,251 @ 7.0% cap · market cap 8.48%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$3.56M
$3.11M – $4.15M
NOI $248,886 @ 7.0% cap · market cap 138.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Office units
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
51
Businesses Nearby
Explore this area
Business Placement
Demographics for 08055, NJ
28,806
Population
11,103
Households
2.6
Avg Household Size
45
Median Age
63%
College-Educated
98%
High-School Grad
40.0 sq mi
ZIP Area
720
Density / Sq Mi
$158,487
Median Household Income
$77,304
Median Earnings
$1,502
Median Rent
$456,000
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Fully renovated office suite with multiple private offices, collaborative areas, and controlled entry for owner-users or investors.
Where is this office units located?
The property is located at G-105 Atsion Rd Medford, NJ.
What is the asking price?
The asking price for this property is $179,900.
What are key features of this property?
This property features: Fully renovated 1,700+ SF professional office suite in an office complex in Medford, NJ; Layout includes multiple private offices, shared collaborative workspaces, and a reception area; Includes restroom and modern luxury vinyl flooring with fresh paint and updated finishes throughout
