339 N Route 73 — Sale in Berlin, NJ
- Price: Contact for price
- Listing type: For sale
- Asset type: Office
- Location: Berlin, NJ 08009
- Year built: 1977
Investment Figures
- Cap rate
- 6.10%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
Marcus & Millichap is pleased to present 339 N Route 73, a rare opportunity to acquire a medical office building located along Route 73 in Berlin, New Jersey — one of Camden County's most accessible and high-traffic commercial corridors. The property combines stable medical office fundamentals with a compelling value-add profile, making it an attractive acquisition for both owner-users and investors seeking near-term upside, at a favorable cost basis. Investment Highlights: • Immediate value-add opportunity through lease-up of vacant space and below-market rents, offering investors a clear path to enhanced NOI and yield compression. • Hundreds of new single-family homes under construction directly adjacent the property create a built-in, growing patient base for medical office tenants seeking neighborhood-serving healthcare. • Developable land with Route 73 frontage offers a rare opportunity to build additional medical, retail, or mixed-use space in a supply-constrained Berlin corridor.
Market Context
This office in Berlin, NJ is listed for sale. It is offered at an approximate 6.1% capitalization rate, a key benchmark for income-producing office assets. The building dates to 1977. It has been on the market for 78 days. Compare it against other office listings for sale in Berlin, NJ — view the full market.
Contact
- Samuel Shemtov · (215) 531-7043 · samuel.shemtov@marcusmillichap.com
- Jim McGuckin · (201) 742-6100
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