601 Centennial Blvd, Voorhees, NJ 08043
4,952 SF | Office Building | Voorhees, NJ 08043 | $1,855,000 ($375/SF) | 7.75% Cap Rate
For Sale
Active
Asking Price $1,855,000
- Property Type
-
Office
- Square Feet
- 4,952 SF
- Price / Square Foot
- $375
Listing Contacts
Jesse Dubrow
- Property Info
Property Overview
MSC Retail is excited to present an exceptional investment opportunity encompassing two single-tenant net lease dental
properties in Southern New Jersey. These properties, both operated by Dental Solutions, are part of a 13+ unit dental network spanning the Philadelphia region. Owned by Dental Care Alliance, a Sarasota-based Dental Support Organization (DSO) with a vast network of over 400 practices across 22 states, both properties boast a corporate-backed lease guarantee from the DSO. With short remaining lease terms on both properties, a new owner has the advantageous opportunity to negotiate lease extensions and cultivate long-term relationships with the tenant in the years ahead. Strategically situated in affluent and densely populated suburbs of Southern New Jersey, these properties offer investors prime real estate assets with a dominant tenant presence. Dental practices represent enduring investments due to the high costs and complexities associated with relocating practices and client bases. The strategic positioning of both properties in affluent and densely populated areas of South Jersey presents investors with a genuine opportunity to acquire valuable real estate assets with a dominant tenant presence in markets
properties in Southern New Jersey. These properties, both operated by Dental Solutions, are part of a 13+ unit dental network spanning the Philadelphia region. Owned by Dental Care Alliance, a Sarasota-based Dental Support Organization (DSO) with a vast network of over 400 practices across 22 states, both properties boast a corporate-backed lease guarantee from the DSO. With short remaining lease terms on both properties, a new owner has the advantageous opportunity to negotiate lease extensions and cultivate long-term relationships with the tenant in the years ahead. Strategically situated in affluent and densely populated suburbs of Southern New Jersey, these properties offer investors prime real estate assets with a dominant tenant presence. Dental practices represent enduring investments due to the high costs and complexities associated with relocating practices and client bases. The strategic positioning of both properties in affluent and densely populated areas of South Jersey presents investors with a genuine opportunity to acquire valuable real estate assets with a dominant tenant presence in markets
Property Details
- Class
- A
- Year Built
- 2008
- Stories
- 1
- Property Subtype
- Medical
- Lot Size (sq. ft)
- 139,828 SF
Highlights
- Single tenant NNN lease: Dental Solutions, situated on Centennial Boulevard with a traffic count of 12,495 vehicles per day (VPD)
- Strategically located in the heart of Voorhees, NJ, an affluent area boasting a population of 67,000 and an average household income of $185,000 withi
- Exceptional dental investment opportunity with a longstanding operational history spanning 15+ years
- Zero landlord responsibility ensures a truly hands-off investment experience for investors
- A short remaining lease term presents an opportune moment for new investors to negotiate a fresh lease, optimizing future returns
- Conveniently positioned in close proximity to Cooper University Healthcare Voorhees Campus, bolstering the property's appeal through association with
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