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17 White Horse Pike
Haddon Heights, NJ 08035 Cherry Hill/Haddonfield

$225,000 USD

Medical Condo For Sale • 1,859 SF

Property Details

Property Type Medical
Total Building Size 26,450 SF
Lot Size 1.39 AC
Building Class B
Year Built 1989
Tenancy Multiple
Zoning C3

0 Transit Score

79 Walk Score

1 Unit Available

Name	Condo Use	Size	Price	Details
1st Floor - Unit 5 and 7	Medical Office	1,859 SF	$225,000 USD
Unit Size: 1,859 SF Condo Use: Medical Office Price: $225,000 USD Sale Type: Investment Price/SF: $121.03 USD Sale Notes Non-contiguous units.

Description

Unit #5 - $75,000


Medical Office Suite in Heights Professional Center. Unit is currently Rented to long term tenant Novacare at $2,540.94 per month thru 12/31/25 for the first year. Five year lease term with incremental rental increase. Unit has open layout with 1 private office as well as a private exam room, bathroom and a laundry/ storage area at the rear of the unit. Novacare is responsible for HOA dues ($157.53 for monthly maintenance & $324.94 monthly assessment) utilities and additional insurance. Landlord pays County Sewer and Real estate taxes.

Unit #7 - $225,000


Open layout with plenty of room for a private office! Currently rented by a Real Estate Professionals paying $700 per month on a month to month lease. Tenant is responsible for Utilities and County Sewer. Landlord pays HOA assessment of $148.76 per month (includes base insurance) as well as a monthly maintenance fee of $92.47 as well as RE Taxes.

**Please reach out to the listing agent to coordinate showings

                
                    Highlights
                
                                Medical Facility with longterm tenant. Great Cap Rate

Financial Summary

Total Expenses:

$0 USD

Major Tenants

Tenant	SF Occupied	Lease End Date
NovaCare Rehabilitation		11/30/2024

Amenities

Bus Line
Signage

Public Transportation

Commuter Rail	Drive	Walk	Distance
Cherry Hill (Atlantic City Line - NJ Transit Commuter Rail (NJ Transit))	9 min	-	4.7 mi
Lindenwold (NJT) (Atlantic City Line - NJ Transit Commuter Rail (NJ Transit))	8 min	-	5.3 mi
Airport	Drive	Walk	Distance
Philadelphia International	26 min	-	13.9 mi
Trenton Mercer	56 min	-	41.2 mi
Atlantic City International	76 min	-	43.8 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	65
Type:	Surface
Included in Rent:	Yes

Patrick Gorman 856-858-2200 Keller Williams Main Street Realty

17 White Horse Pike Haddon Heights, NJ 08035 Cherry Hill/Haddonfield