1. New Jersey
2. Vineland
3. 1206 W Sherman Ave Bldg 2A

1206 W Sherman Ave Bldg 2A, Vineland, NJ 08360

Property Description

Presenting a premium 7,310 sq. ft. medical office condominium located just 0.5 miles from Inspira Medical Center Vineland. Built in 2008, this well-maintained facility is currently occupied by IMG Vineland Surgical Associates, with a temporary gross lease in place and a projected conversion to a triple net (NNN) lease at $20–$21/SF thereafter. With a strong potential cap rate, this investment opportunity offers long-term upside. The interior features 11 fully equipped exam rooms, 12 private offices, and two spacious waiting areas; as well as a staff cafeteria, conference room, full bathroom and additional office space on the second floor. The building includes five bathrooms (four half, one full), four points of entry and exit, and benefits from excellent on-site parking with 58 designated spaces spanning the front and side of the building. Operational infrastructure includes multi-zone HVAC systems (serviced annually), two hot water heaters, and a condo fee of approximately $10,000/year which covers roof and exterior maintenance. Real estate taxes are approximately $26,073 annually. This medical office is ideal for investors or end-users seeking a turnkey facility in a high-demand healthcare corridor.

Listing Status:

Active

Date Added:

May 22, 2025 at 05:00AM

Listing Office:

OMNI Real Estate Professionals : 8564151210

Listing Agent:

John J. Kelly : 6097906079

MLS ID:

NJCB2024320

Interior

• A/C: Central A/C
• Heating: YForced AirNatural Gas
• Disability Feature: 2+ Access ExitsLevel Entry - Main

Exterior

Construction

Location

Lot

Utilities

Financial

This listing courtesy of John J. Kelly, OMNI Real Estate Professionals