Office for Sale, Mainland Medical & Professional Office Park, 1750 Zion Road, 8225

Office For Sale

Highlights

Ideal Location: Well located in a sought after prominent community with good commercial exposure and convenience to the three major hospitals in the area - Shore Medical Center and Atlanticare Regional Medical Center.
Unique Structure: Attractive and desirable, unique property and building design with a serene ambiance.
Strong Occupancy & Upside Potential - Could DOUBLE NOI: Strong occupancy history but with substantial upside potential through lease-up of vacant spaces to medical or traditional commercial tenants.
High Real Estate Investment Area: Located near several tremendously affluent barrier island vacation communities, resale interest by real estate investors who have interests in the area should be much higher than other locations.

Overview

Mainland Professional Office Park is a unique, three-building, +/- 21,440 SF professional and medical office complex with a central two-story landscaped courtyard. The Property benefits from a tremendous location within the prominent Northfield community along the Route 9 Commercial and Professional corridor, equidistant to the three major Hospitals in this area. Originally built between 1973 and 1976, the Property was developed, managed and partly occupied by a prominent regional physician. His thriving medical practice and several others provided nearly 100% occupancy for most of the Property’s history. When he retired, his space was filled by other practitioners. A fire in Building B in 2009 that spread to portions Building C created unusual forced vacancies that have been partially re-leased.

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