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61 S Black Horse Pike
Blackwood, NJ 08012

$1,100,194 USD

Medical For Sale  •  8,000 SF

Property Details

  • Property Type Medical
  • Total Building Size 8,000 SF
  • Lot Size 0.5 AC
  • Building Class B
  • Year Built 1950
  • Cap Rate 7.75 %
  • Tenancy Multiple
  • Zoning C
0 Transit Score
64 Walk Score

Highlights

Single tenant double net lease: Dental Solutions, strategically situated on the bustling Black Horse Pike with a daily traffic count of 14,000 vehicle
Prime location in downtown Blackwood, an affluent and densely populated submarket of Philadelphia, boasting 69,000 residents with an average household
Established dental investment opportunity with a robust operating history spanning over 18 years
Secured by a corporate-backed lease guarantee from Dental Care Alliance, a Sarasota-based Dental Support Organization (DSO)
Limited landlord responsibility under a double net lease, with recent roof replacement in 2020, offering investors a solid passive investment opportun
The short remaining lease term presents an advantageous opportunity for new investors to negotiate an extension and secure the tenant on a fresh lease
Cap Rate: 7.75 %

Amenities

  • Bus Line
  • Signage

Public Transportation

Commuter RailDriveWalkDistance
Lindenwold (Njt) (Atlantic City Line - NJ Transit Commuter Rail (NJ Transit)) 9 min - 5.1 mi
AirportDriveWalkDistance
Philadelphia International 30 min - 17.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 24
Type: Surface
Included in Rent: Yes
Jesse Dubrow 215-568-2600 MSC
Jesse Dubrow 215-568-2600 MSC