1515 Richmond Ave - Medical FOR SALE


Point Pleasant Beach, NJ 08742
$1,300,000 USD
732-600-1682
1515 Richmond Ave, Point Pleasant Beach, NJ for Sale
$1,300,000 USD
Medical - FOR SALE
1/9
null | 5.62% Cap Rate

1515 Richmond Ave
Point Pleasant Beach, NJ 08742


OVERVIEW

Great investment opportunity to own a single-tenant NNN property occupied by Hackensack Meridian Health w/ a AA credit rating. Hackensack has renewed their lease for 5 years as of 5/1/25, and has (1) additional 5-year option remaining.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$302 USD /SF

CAP RATE

5.62%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1966

SPRINKLERS

-

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,780 SF

ZONING

GC

APN/PARCEL ID

25-00133-0000-00055

ASK ABOUT THIS PROPERTY

Jarrad ColettaColetta Commercial RealtyMore Info
732-600-1682

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Jarrad ColettaColetta Commercial RealtyMore Info
732-600-1682

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