1125-1131 North New Road

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1125-1131 North New Road

Absecon, NJ 08201
Asking Price
$1.20M
Asset Type
Medical Office Office
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Medical office building spans 10,032 square feet of interior space
  • Offered for sale at a price of 1.2 million dollars
  • Property is situated at 1125-1131 North New Road in Absecon
  • Asset layout supports varied medical practices or clinical business operations
  • Located within the accessible Atlantic City regional submarket

What's Special

Medical professionals seeking a dedicated practice space in Absecon will find this 10,032-square-foot office building well-suited for patient care or specialized clinical operations. Positioned along North New Road, the facility provides significant square footage appropriate for multi-practitioner clinics, administrative offices, or diagnostic testing centers. The property is situated within a regional corridor of New Jersey, serving as a functional asset for investors or owner-occupiers looking to establish a footprint in this part of the county. Absecon maintains steady access to regional transportation networks, benefiting from its proximity to major coastal thoroughfares. This connectivity supports a consistent patient base and provides efficient transit for staff commuting within the Atlantic City metropolitan area. The substantial floor plate offers flexibility for internal layouts, allowing businesses to tailor the clinical environment to specific medical disciplines or corporate requirements. The asset is priced at $1,200,000 for those looking to expand their commercial portfolio or secure long-term clinical space.

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NOI
$80,000
Cap Rate
6.67%
DSCR
1.12
Tight
Cash-on-Cash
2.43%
Monthly Payment
$5,936.945
Annual Cash Flow
$8,756.657

Location & Travel Times