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- $1.5M Price
- 7,310 Sqft
- 7.06 Acres
- 16 DOM
1206 W Sherman Ave #2a
Presenting a premium 7,310 sq. ft. medical office condominium located just 0.5 miles from Inspira Medical Center Vineland. Built in 2008, this well-maintained facility is currently occupied by IMG Vineland Surgical Associates, with a temporary gross lease in place and a projected conversion to a triple net (NNN) lease at $20–$21/SF thereafter. With a strong potential cap rate, this investment opportunity offers long-term upside. The interior features 11 fully equipped exam rooms, 12 private offices, and two spacious waiting areas; as well as a staff cafeteria, conference room, full bathroom and additional office space on the second floor. The building includes five bathrooms (four half, one full), four points of entry and exit, and benefits from excellent on-site parking with 58 designated spaces spanning the front and side of the building. Operational infrastructure includes multi-zone HVAC systems (serviced annually), two hot water heaters, and a condo fee of approximately $10,000/year which covers roof and exterior maintenance. Real estate taxes are approximately $26,073 annually. This medical office is ideal for investors or end-users seeking a turnkey facility in a high-demand healthcare corridor.
Essential Information
- MLS® #NJCB2024320
- Price$1,450,000
- Bathrooms0.00
- Square Footage7,310
- Acres7.06
- Year Built2008
- TypeCommercial Sale
- Sub-TypeOffice
- StatusActive
Community Information
- Address1206 W Sherman Ave #2a
- AreaVineland City (20614)
- SubdivisionNONE AVAILABLE
- CityVINELAND
- CountyCUMBERLAND-NJ
- StateNJ
- MunicipalityVINELAND CITY
- Zip Code08360
Amenities
Parking
Handicap Parking, Lighted Parking, Paved Parking, Private
Interior
- HeatingForced Air
- CoolingCentral A/C
- # of Stories2
Exterior
- ExteriorVinyl Siding, Brick and Siding
School Information
District
CITY OF VINELAND BOARD OF EDUCATION
Additional Information
- Date ListedMay 22nd, 2025
- Days on Market16
- ZoningCOMM
Listing Details
- OfficeOMNI Real Estate Professionals
- Office Contact8564151210
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Listing information last updated on June 6th, 2025 at 3:45am CDT.