601 Centennial Blvd Voorhees Township, NJ 08043
This exceptional investment opportunity presents a single-tenant, absolute NNN leased medical office building located at 601 Centennial Blvd, Voorhees Township, NJ 08043. The 4,952 square foot Class B building, constructed in 2008, is currently 100% occupied by Voorhees Dental Solutions, a tenant with a corporate guarantee from Dental Care Alliance, a large DSO. The property boasts a 7.75% cap rate and a strong NOI of $143,692. The lease is in place until May 13, 2024, providing a new owner the opportunity to negotiate a lease extension with this established tenant. Situated in a high-traffic area (12,495 VPD) within an affluent community (average household income $185,000 within a 3-mile radius), this property offers a hands-off investment with minimal landlord responsibilities. The building is part of a condo complex with other reputable medical tenants, creating a synergistic environment. Its proximity to Cooper University Healthcare Voorhees Campus further enhances its desirability. This is a rare opportunity to acquire a stable, high-performing dental office investment in a prime South Jersey location. The property offers a compelling combination of strong tenant history, corporate backing, and a desirable location, making it an attractive addition to any investment portfolio.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.