973-299-3083
631 Grand St, Jersey City, NJ for Sale
Medical - FOR SALE
1/2
null | Request Cap Rate

631 Grand St
Jersey City, NJ 07304
McGinley Square


HIGHLIGHTS

  • Well-located medical office asset with institutional healthcare tenancy and multiple pathways to upside in one of NJ's strongest healthcare markets.
  • Currently 36.5% leased, the Property offers substantial vacancy-driven upside, creating a compelling opportunity to increase cash flow and value.
  • 11,070-square-foot, turnkey surgical center available for ambulatory surgery centers, specialty, or healthcare providers seeking immediate occupancy.
  • Existing income, significant vacancy, and medical infrastructure supports multiple acquisition strategies for investors and users.
  • Located in one of the region's most densely populated and rapidly growing healthcare markets with immediate access to an extensive patient base.
  • Well-positioned to capitalize on increasing demand for medical office, specialty care, and ambulatory surgery space.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

REO/Lender-Owned Medical Asset

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

2011

SPRINKLERS

-

PARKING SPACES

36

LAND DETAILS

LAND ACRES

1.04 AC

LAND SF

45,302 SF

ZONING

E/R

APN/PARCEL ID

06-17301-0000-00006-01

ASK ABOUT THIS PROPERTY

Jacklene CheslerColliersMore Info
973-299-3083

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Jacklene CheslerColliersMore Info
973-299-3083

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