1133 E Chestnut Ave - Medical FOR SALE
Vineland, NJ 08360 |
1133 E Chestnut Ave
Vineland, NJ 08360
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
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
South Jersey Surgery Center
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
TOTAL BUILDING SIZE
13900
STORIES
1
BUILDING CLASS
B
YEAR BUILT
1999
SPRINKLERS
-
PARKING SPACES
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LAND DETAILS
LAND ACRES
1.69 AC AC
LAND SF
73,610 SF
ZONING
-
APN/PARCEL ID
14-05007-0000-00009
