732-333-6380
402-404 Lippincott Dr, Marlton, NJ for Sale
Medical - FOR SALE
1/24
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402-404 Lippincott Dr
Marlton, NJ 08053


HIGHLIGHTS

  • Amid a 14-year absolute NNN lease with approximately four years remaining with CHA (Consensus Health).
  • Currently subleased to the corp. office of a trusted leader in the collections industry, MRS BPO, LLC, carrying the remaining term through 2029.
  • CHA occupied 50% of the building and MRS BPO occupies 50%.
  • Both the prime lease and sublease agreement run concurrently.
  • Current NNN rent CHA is responsible for is $1,088,550.00 ($20.50/PSF) through 2029, and there is one five-year renewal option.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Corporate Headquarters & Operations Site

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

233

LAND DETAILS

LAND ACRES

5.3 AC

LAND SF

230,868 SF

ZONING

C-1

APN/PARCEL ID

13-00024-23-00002-02

ASK ABOUT THIS PROPERTY

Logan GurtmanLegacy Commercial Realty, LLCMore Info
732-333-6380

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Logan GurtmanLegacy Commercial Realty, LLCMore Info
732-333-6380

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