Net-Leased Medical Office Building

NORTHFIELD, NJ 08225 Northfield, NJ 08225

Claim this Listing
For Sale
$1,099,900

SINGLE_FAMILY - NORTHFIELD, NJ

Property size:
5,775 SF
Price / SF:
$190/SF
Added:
Jun 11, 2026
Days on Market:
31
Last Refresh:
Jul 11 at 12:06 am

Property Features

General Information

Property type
Residential
Property subtype
Other
Standard status
Active
Size
5,775 SF

Building Details

Year built
1990

Listing agent Richard Baehrle License #8436462

Listing office BHHS Fox & Roach Northfield NJ

Listing date Jun 11, 2026

MLS# NJAC2025052

Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This true net-leased medical office building is positioned for stability, with Atlantic Medical Imaging (AMI) as the anchor tenant. The property is a single-office building totaling 5,775 square feet on a 0.51-acre lot. Recent capital work includes roof re-finished and waterproofing, exterior painting, and refurbished HVAC in 2025.

The building is located at 1226 Tilton Road in Northfield, in Atlantic County. It is described as highly visible within a medical and retail corridor, supported by ample parking and convenient accessibility.

For investors or owner-operators seeking a healthcare-oriented asset, the in-place tenancy is supported by a lease extension through 2029. The property’s specialty medical office configuration, along with the 2025 exterior and mechanical upgrades, is designed to support long-term, institutional-quality occupancy.

Key Highlights

  • True net‑leased medical office building with a lease extended through 2029 to Atlantic Medical Imaging (AMI)
  • Highly visible Tilton Road office building anchored by AMI
  • Roof refinished/waterproofed and exterior painted in 2025, plus refurbished HVAC in 2025

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 $154.5k $26.76
− Vacancy −$41.7k −$7.23
EGI $112.8k $19.53
− OpEx −$28.2k −$4.88
NOI $84.6k $14.65
5,775 SF · lease $26.76/SF/yr · vacancy 27.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.21M
$1.06M – $1.41M (±1% cap)
NOI $84,610 @ 7.0% cap · market cap 7.69%
Second Best
Healthcare Medical
$1.17M
$1.02M – $1.36M (±1% cap)
NOI $81,871 @ 7.0% cap · market cap 7.44%
Theoretical Best
Warehouse
$2.15M
$1.88M – $2.51M (±1% cap)
NOI $150,540 @ 7.0% cap · market cap 13.69%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Medical centers

FAQs

What type of property is this?
Medical center - True net-leased office building anchored by Atlantic Medical Imaging, with recent exterior and HVAC improvements completed in 2025.
Where is this medical center located?
The property is located at Northfield, NJ.
What is the asking price?
The asking price for this property is $1,099,900.
What are key features of this property?
This property features: True net‑leased medical office building with a lease extended through 2029 to Atlantic Medical Imaging (AMI); Highly visible Tilton Road office building anchored by AMI; Roof refinished/waterproofed and exterior painted in 2025, plus refurbished HVAC in 2025
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