Sale of 7,500 +/- SF Medical Office Investment, Voorhees, NJ
Sale of 7,500+/-Medical Office Investment, Voorhees, NJ
Property Type: Medical Office Investment
Site Size: 7,500 +/- SF
Buyer: Glory Days Properties, LLC
Seller: Condobarn, LLC
Brokers: Adam Rose, President, Brett Davidoff, Senior Vice President
The Rose Commercial Real Estate team of Adam Rose and Brett Davidoff represented both parties in the sale of 707 Haddonfield Berlin Road in Voorhees, New Jersey. Located on the heavily trafficked roadway, the 7,500 square foot standalone medical office is fully leased with two long term tenants and good cap rate, making it an ideal investment for repeat client, Morris Starkman. The newer building also features many amenities, including highly visible signage and abundant parking, plus easy access to Routes 70 & 73, I-295 and area bridges to Philadelphia. “This wasn’t the first time I’d worked with Adam’s team and definitely not the last,” said the local investor. “Their experience, responsiveness and overall service is top notch.” The sale closed on April 12, 2021 for $1,045,000.