1080 Stelton RdPiscataway, NJ 08854

This exceptional investment opportunity presents the Hadley Medical Center, a two-story, 14,562-square-foot Class B medical office building situated at 1080 Stelton Rd, Piscataway, NJ 08854. The property boasts a strong tenant roster including Meridian Health Care (anchor tenant), Physical Therapy, a Doctor's Office, and a dental practice (Precious Smiles), and a Cardiologist, ensuring 100% occupancy. Built in 1985 and renovated in 2014, the building features a new roof and HVAC system. The property offers ample parking (4.5 spaces per 1,000 sq ft) and is conveniently located at a signalized intersection, providing excellent visibility and accessibility. The Net Lease investment features a corporate guarantee and annual rent bumps of 2.5%. The asking price is $5,000,000, representing a compelling $343.36 per square foot and a 6.93% cap rate with a current NOI of $346,474. The property benefits from its proximity to major roadways including Route 287, the New Jersey Turnpike (95), the Garden State Parkway, and Routes 1, 18, 22, I-78, and I-80, as well as prominent healthcare facilities such as St. Peter's Hospital, Robert Wood Johnson Hospital, and JFK Medical Center. The surrounding area offers a robust demographic profile, with a population of 340,473 residents within a 5-mile radius and an average household income of $115,919. Numerous retail amenities, including Marshalls, HomeGoods, Target, and other national brands, are conveniently located nearby. This is a rare opportunity to acquire a stable, high-performing medical office building in a prime New Jersey location. Lease terms vary.