Sale of 7,132 SF Medical Building in Cinnaminson, NJ

Sale of 7,132 SF Medical Building in Cinnaminson, NJ

1701 Wynwood Drive, Cinnaminson, NJ

Property Type: Medical Building
Site Size: 7,132 SF
Buyer: Wynwood Medical, LLC
Seller: Cinnaminson Dental Medical Center
Broker: Brett Davidoff, Vice President

Brett Davidoff, Vice President of Rose Commercial Real Estate, represented both parties in the sale of 1701 Wynwood Drive in Cinaminson, NJ. The 7,132 square foot standalone, multi-tenant medical building is located on the heavily trafficked high corridor of Route 130 with high exposure in a densely populated residential area. The buyers, Wynwood Medical, LLC, are investors who sought to purchase the 100% leased property that is occupied by medical tenants all with long term leases and a good cap rate on their investment. The transaction closed on December 12, 2019 at a purchase price of $875,000.

Commercial real estate firm, specializing in all facets of the industry — representing buyers and sellers, landlords and tenants as well as investors both big and small. Key to our growth is experience combined with in depth understanding of the South Jersey real estate market. But that alone is only a part of the comprehensive service we provide clients. With our unique CIRCLES FOR SUCCESS and start-to-finish commitment, we make things happen.

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