107 Haddonfield-Berlin Rd Cherry Hill, NJ 08034
This exceptional Class A, two-story medical office building in Cherry Hill, New Jersey, presents a compelling investment opportunity. Located at 107 Haddonfield-Berlin Rd, 08034, this freestanding building boasts 4,372 square feet and offers high visibility due to its highway frontage. Currently 100% occupied by a single tenant under a Net Lease (NNN) agreement, the property provides a stable income stream with a 7.62% cap rate and a strong NOI of $72,000. The lease, commencing January 14, 2024, and expiring January 13, 2029, includes a remaining term of approximately 4.2 years, with a built-in 3% annual rent increase. The tenant holds one 5-year renewal option. The building features 27 parking spaces, ensuring ample convenience for patients and staff. The asking price is $945,000, translating to $216.15 per square foot. This represents a rare chance to acquire a well-located, high-performing medical office building with a secure, long-term lease in a thriving market. The property's strong financials and desirable location make it an ideal 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.