400 Fellowship Rd, Mount Laurel, NJ 08054-3437
This exceptional two-story, Class B medical office building at 400 Fellowship Road in Mount Laurel Township, NJ (zip code 08054), offers 20,000 square feet of space. The property features one building with multiple suites, currently boasting 2,718 square feet of vacant space. Individual suites range from a minimum of 400 square feet to a maximum of 2,265 square feet, providing flexibility for various medical practices. The building is conveniently located off Route 73, providing easy access to I-295 and the New Jersey Turnpike. Recent renovations have enhanced the property's appeal, including upgrades to common areas, lobbies, restrooms, landscaping, parking, and building systems. A turnkey service is available to assist with relocation, design, and build-out. The building benefits from a highly visible location along Fellowship Road, allowing for prominent signage. The surrounding area offers a wealth of amenities, including restaurants, cafes, shopping centers, hotels, banks, and entertainment options. Abundant parking is available for tenants and their clients. This property presents a fantastic opportunity for medical professionals seeking a well-maintained, conveniently located office space in a thriving community. The building has elevators. The financially strong owner maintains an on-site presence.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
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
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.