100 Kings WayWashington Township, NJ 08080

For Sale
$4,000,000

Five Units, 13,600 SF, High Occupancy

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional investment opportunity presents five medical office condominiums totaling 13,600 square feet, located in Washington Township, New Jersey, at 100 Kings Way E, 08080. The property boasts 100% occupancy, generating a strong income stream with a 7.25% cap rate. Three suites are situated in Building B, and two in Building D. The asking price is $4,000,000, translating to $294.12 per square foot. This multi-tenant property features established medical tenants, including LabCorp and the Cooper Hospital Sleep Center. Its strategic location directly across from Jefferson Washington Township Hospital on Hurfville-Cross Keys Road ensures high visibility and accessibility. The property is ideal for investors seeking a stable, income-producing asset in a thriving medical corridor. Showings are available by appointment only. This is a rare chance to acquire a well-established, fully occupied medical office condominium complex in a prime New Jersey location. The property's strong tenant roster and desirable location contribute to its exceptional investment potential. The individual units offer flexibility for various medical practices or expansion opportunities. Don't miss this chance to own a piece of this successful medical real estate portfolio.

Highlights

  • Five medical office condos totaling 13,600 square feet in Washington Township, NJ.
  • 100% occupancy with a 7.25% cap rate and $4,000,000 asking price ($294.12/SF).
  • Located at 100 Kings Way E, 08080, across from Jefferson Washington Township Hospital.
  • Strong tenant roster including LabCorp and Cooper Hospital Sleep Center.
  • Three suites in Building B, two in Building D.

Property Details for 100 Kings Way

Property type
Other office properties, Medical offices
Square Feet
13,600 SF
Units
5

Location Insight

City
Washington Township
County
Gloucester
State
New Jersey
Latitude
39.7327499
Longitude
-75.0647194
100 Kings Way, Washington Township, New Jersey

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100 Kings Way
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