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1133 E Chestnut Ave
Vineland, NJ 08360 Vineland/Millville

$2,620,315 USD

Medical For Sale  •  13,900 SF

Property Details

  • Property Type Medical
  • Total Building Size 13,900 SF
  • Lot Size 1.69 AC
  • Building Class B
  • Year Built 1999
  • Cap Rate 9.50 %
  • Tenancy Multiple
  • Zoning RP
0 Transit Score
50 Walk Score

Highlights

Attractive Pricing – Offered at $188 PSF, significantly below the national average for ASCs. Current ASC rent at $25.25 NN is well below market.
Long-Term Stability – Pulse Vascular recently acquired the long-standing ASC practice and assumed a NN lease through Aug 2028
Essential Facility for Tenant – Pulse Vascular conducts all procedures at this center, which provides the full OR and anesthetic capabilities.
CON State Advantage – Limited surgical competition supports tenant performance and long-term demand.
Well-Maintained Asset – New roof on ASC

Property Flyers

Financial Summary (Actual)

Net Operating Income: $274,000 USD (2024)
Cap Rate: 9.50 %

Public Transportation

AirportDriveWalkDistance
Atlantic City International 62 min - 28.6 mi
Philadelphia International 66 min - 46.0 mi
Ryan Lupo 732-856-4349 Zeustra Real Estate Investment Services
Ryan Lupo 732-856-4349 Zeustra Real Estate Investment Services