Rivera Realty

1206 W SHERMAN AVE #2A, VINELAND, NJ 08360

1206 W SHERMAN AVE #2A, VINELAND, NJ 08360

$1,450,000

Sq. Ft.: N/A
Type: Commercial
Listing Courtesy of: OMNI Real Estate Professionals (856) 415-1210
Request Information
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.
Listing Courtesy of: OMNI Real Estate Professionals (856) 415-1210
Property Features
Location Information
County: CUMBERLAND-NJ
Municipality: VINELAND CITY
Cross Street: DELSEA
Latitude: 39.44839609
Longitude: -75.05183194
MLS Area: Vineland City (20614)
Subdivision: NONE AVAILABLE
Directions: GPS, building 2A
Interior Features
Heating: Forced Air
Heating Fuel: Natural Gas
Cooling: Central A/C, Electric
Water Heater: Natural Gas
Entry Level: 1
Total Number of Units: 1
Accessibility: 2+ Access Exits, Level Entry - Main
Exterior Features
Stories: 2
Is New Construction: No
Construction: Vinyl Siding, Brick
Septic or Sewer: Public Sewer
Security Features: SecuritySystem
Has Garage: No
Parking Spaces: 58
Site Description: Downtown
Lot Size in Acres: 7.06
Lot Size in Sq. Ft.: 307,534
Zoning: COMM
Building Total Area (Sq. Ft.): 7,310
Has Waterfront: No
Has Water Access: No
School
School District: CITY OF VINELAND BOARD OF EDUCATION
Additional Information
ListDate: 2025-05-22 00:00:00.0
Possession: Negotiable, Settlement
Property Type: COM
Property SubType: Commercial Sale
Year Built: 2008
Status: Active
Tax Year: 2024
Tax Amount: $26,073
Ownership Interest: Fee Simple
Exclusions: Personal Property
Available For Lease: Yes
Business Type: Medical


$ per month
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Monthly Tax: $
Monthly Insurance: $
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List Price:
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
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BRIGHT(MRIS/Trend) data last updated at June 16, 2025, 1:55 PM ET