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Property profile & analytics
OFF-MARKET
Office Spaces

107 Haddonfield-Berlin Rd Cherry Hill, NJ 08034

4,372 SF
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office Spaces
Total area 4,372 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
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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