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Property profile & analytics
OFF-MARKET
Office Spaces

90 Prospect Ave Hackensack, NJ 07601

2,152 SF
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents two vacant, ground-floor medical office units totaling 2,152 square feet at 90 Prospect Avenue in Hackensack, New Jersey. Currently listed at $280,000, these units boast a pro-forma cap rate of 10.71% and a pro-forma NOI of $29,981, representing a compelling return on investment. The property is classified as Class B and offers the unique advantage of combining both units (Units A & B) for a customized space to perfectly suit your needs. Four dedicated parking spaces provide ample convenience for staff and clients. Strategically located directly across the street from Hackensack University Medical Center, this property enjoys exceptional visibility and accessibility. Its proximity to Route 80 and numerous amenities further enhances its appeal. This is an ideal opportunity for an owner-user seeking a high-return investment in a prime medical office location within Bergen County. The asking price per square foot is $130.11. Don't miss this chance to acquire this well-positioned, vacant medical office space in a thriving healthcare hub. The zip code is 07601.

Property profile
Verified
Property type Office Spaces
Total area 2,152 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
  • Samara Arafat A MD Physician
  • Wong Jonathan MD Pediatrician Medical Clinic
  • One Surgical Specialists the region's top surgeons Bariatric Surgeon Medical Clinic
  • Nichols & Pereria Surgical Now One Surgical Specialists Medical Clinic Hospital
  • Pediatricare Associates Pediatrician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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