1510 Hamburg Tpke Wayne, NJ 07470-4079

This fee-simple medical office building in Wayne, NJ, presents a compelling investment opportunity. The 3,540 square foot property is 100% occupied by Veterinary Innovative Partners under a 10-year absolute NNN lease (expiring 06/29/2031), providing significant remaining lease term of approximately 6.6 years. The lease includes a corporate guarantee and annual rent bumps of 2% during a 5-year option period. Located at 1510 Hamburg Tpke, Wayne, NJ 07470, this single-tenant property boasts a strong 7.50% cap rate and a Net Operating Income (NOI) of $74,880, with an asking price of $998,393 ($282.03/sq ft). Built in 2006 on a 0.3-acre lot, the property benefits from high traffic counts on Hamburg Turnpike and the resilience of the veterinary services market, projected for continued growth. The property's strong financials, coupled with the tenant's national presence and the long-term lease, make this an attractive investment with significant upside potential. The property is situated in a highly affluent demographic area, further enhancing its investment appeal. This is a rare opportunity to acquire a sub-$1M, high-performing medical office building with a stable, national tenant in a prime location.