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3206 Highway 35
Hazlet, NJ 07730

$3,593,500 USD

Healthcare For Sale  •  3,500 SF

Property Details

• Property Type Healthcare
• Total Building Size 3,500 SF
• Lot Size 0.88 AC
• Year Built 1980
• Cap Rate 6.15 %

0 Transit Score

60 Walk Score

Highlights

Recession Resistant Investment – Medical properties are highly sought after for their security and resistance to economic downturns and e-commerce.

Long Term NNN Lease – Aspen Dental in Hazlet offers a brand-new 10-year NNN lease with 10% rental increases every 5 years throughout the term.

High Caliber Operator – Aspen Dental Management, Inc. (ADMI), founded in 1994, is one of the largest dental brands in the U.S.

Access and Visibility – The subject property is located 1 mile from Hackensack Meridian Health Bayshore Medical Center.

Largest U.S. Metropolitan Area – The New York MSA contains roughly 19.77 million people as of 2021 and is referred to as the Tri-State Area.

New York MSA – The subject property is approximately 40 miles outside of New York City. It is well-positioned with excellent access and visibility.

Cap Rate:

6.15 %

Public Transportation

Commuter Rail	Drive	Walk	Distance
Hazlet (North Jersey Coast Line - NJ Transit Commuter Rail (NJ Transit))	2 min	11 min	0.6 mi
Aberdeen Matawan (North Jersey Coast Line - NJ Transit Commuter Rail (NJ Transit))	4 min	-	2.8 mi
Airport	Drive	Walk	Distance
Newark Liberty International	39 min	-	28.8 mi
Laguardia	68 min	-	46.1 mi
John F Kennedy International	71 min	-	49.3 mi