For Sale: 100% Occupied Medical Office Opportunity

New_Albany_Eblast_PicThe Offering

CBRE Inc. has been retained by ownership as the exclusive marketing advisor for the sale of the New Albany Professional Building located at 2800 Route 130 in Cinnaminson, NJ (“the Property”). Totaling 11,009 SF, New Albany Professional Building is a 100% occupied medical office property featuring long-standing tenancy and a history of high occupancy. In 2010, the Property underwent significant renovations including new façade, improved landscaping, replacement of the parking lot and new signage along Route 130.

New Albany Professional Building is situated at an irreplaceable location along Route 130, one of South Jersey’s most bustling commercial corridors. Located at the signalized intersection of New Albany Road and Route 130, New Albany Professional Building is highly visible and easily accessible from traffic heading in both directions along Route 130.

The New Albany Professional Building presents the rare opportunity to purchase a 100% leased medical office property strategically located along one of South Jersey’s busiest roadways and a rent roll featuring no rollover until 2017.

Investment Highlights

• Long-Term Medical Use
• Recession-Proof Property Class
• High Visibility Along Route 130
• Well-Maintained/Recent Capital Improvements
• Excellent Demographics

Property Type: Medical Office
Building Size: 11,009 SF
Yr Built/ Renovated: 1980 / 2010
Yr 1 NOI: $144,435
Offering Price: $1,600,000
Cap Rate: 9.0%

Justin Marlowe
Senior Associate
T +1 610 251 5158
Licensed: PA
Licensed Salesperson: NJ

Stephen Marzullo
Senior Vice President
T +1 610 251 5161
Licensed: PA
Licensed Salesperson: NJ, DE

Jon Sarkisian
Executive Vice President
T +1 856 359 9408
Licensed: PA
Licensed Salesperson: NJ

Anthony LiVecchi
Senior Associate
T +1 856 359 9405
Licensed: PA
Licensed Salesperson: NJ

CBRE, Inc.
Two Liberty Place
50 S. 16th Street
Suite 3000
Philadelphia, PA 19102
Licensed Real Estate Broker

To receive a full Offering Memorandum, please click on the button above or visit our website to sign a Confidentiality Agreement electronically at:




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