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Property profile & analytics
OFF-MARKET
Office Spaces

709 Haddonfield-Berlin Rd Voorhees Township, NJ 08043

9,308 SF 0.88 ac lot Built 1997
Property ID
Property summary
AI-generated overview

This exceptional Class A, 9,308 square foot medical office building presents a compelling investment opportunity. Located at 709 Haddonfield-Berlin Rd, Voorhees Township, NJ 08043, this two-story building boasts 100% occupancy with two tenants under a 10-year net lease (commencing October 1, 2024, and expiring March 1, 2035), featuring 3% annual rent bumps. The property sits on a 0.88-acre lot and benefits from a prime location directly across from the Acme Market-anchored Eagle Plaza Shopping Center, experiencing high traffic volume (20,000 vehicles daily). The building underwent renovations in 2024 and enjoys convenient access to Camden, NJ, and Philadelphia, PA. The strong demographics include a total population of 215,690 within a 5-mile radius and an average household income of $105,707. Nearby amenities include Target, Starbucks, Wawa, and numerous other retail establishments, along with a concentration of healthcare providers such as Virtua, Jefferson Health, and CHOP. The asking price is $3,200,000, representing a 6.00% cap rate and a price per square foot of $343.79. The property is zoned O-1 and offers lease options. This is a 1031 exchange-eligible property. The building's strong tenant base, favorable lease terms, and strategic location make it an ideal investment for discerning buyers.

Property profile
Verified
Property type Office Spaces
Year built 1997
Total area 9,308 SF
Lot 0.88 ac (38,333 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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