1206 W Sherman Ave - Medical FOR SALE


Vineland, NJ 08360- Vineland/Millville
$1,450,000 USD
609-444-9704
1206 W Sherman Ave, Vineland, NJ for Sale
$1,450,000 USD
Medical - FOR SALE
1/61
null | Request Cap Rate

1206 W Sherman Ave
Vineland, NJ 08360
Vineland/Millville


HIGHLIGHTS

  • Abundant Parking - 50+/-
  • 2 Waiting Rooms, 11 Exam Rooms, 12 Offices, 5 Bathrooms, 4 Entrances/Exits
  • 2nd Floor with its own entrance, hosts a Conference Room, Cafeteria, Office and Full Bathroom

OVERVIEW

Presenting a 7,310 sq. ft. medical office ideally located just half a mile from Inspira Medical Center Vineland. Built in 2008, this modern facility is ready for occupancy and offers a prime setting for healthcare practices, specialty groups, or medical organizations seeking a professional, patient-focused environment. The interior was thoughtfully designed for healthcare operations and patient flow, featuring 11 fully equipped exam rooms, 12 private offices, two spacious waiting areas, a staff cafeteria, conference room, and additional second-floor office space. The building also provides five bathrooms, four convenient entry and exit points, and 58 on-site parking spaces, ensuring accessibility and comfort for both staff and patients. Operationally, the property is well-equipped with multi-zone HVAC systems serviced annually, two hot water heaters, and a condo fee covering roof and exterior maintenance. Real estate taxes are approximately $26,073 annually, with a condo fee of about $10,000. Flexible lease options are available at $20–$22+ per sq. ft. annually on either a gross or NNN basis, offering both ease and flexibility for tenants. This property is an excellent fit for medical professionals looking to expand or relocate into a turnkey facility within a high-demand healthcare corridor. At the same time, it presents investors with stable returns and long-term growth potential in one of South Jersey’s strongest medical markets.

FOR SALE DETAILS

PRICE

$1,450,000 USD

PRICE/SF

$198 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Building 2

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

58

LAND DETAILS

LAND ACRES

7.06 AC

LAND SF

307,534 SF

ZONING

COMM

APN/PARCEL ID

14-06101-0000-00031-0000-C2A,14-06101-0000-00031-0000-C2B

ASK ABOUT THIS PROPERTY

Justin KellyOMNI Real Estate ProfessionalsMore Info
609-444-9704

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Justin KellyOMNI Real Estate ProfessionalsMore Info
609-444-9704

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.