Concord Professional Building
Office | 28,162 SqFt
Marketing description
Wolf Commercial Real Estate (WCRE | CORFAC International), as the exclusive broker, is pleased to present Concord Professional Building, an investment opportunity encompassing 390 North Broadway in Pennsville, New Jersey.
390 North Broadway is a premier two-story medical and professional office building comprised of 28,162 square feet. The property is currently 64% leased to six tenants, including two anchor occupants: Cooper Health Systems, a prestigious regional healthcare provider, and LabCorp, a nationally recognized leader in diagnostic services. This strong tenant mix, coupled with stable healthcare tenancy, positions the asset as a reliable income-producing investment with upside potential through additional lease-up.
The Concord Professional Building benefits from limited competitive inventory in the immediate market, offering investors a strategic advantage in a supple-constrained environment. Its location provides direct, efficient access to I-295, the NJ Turnpike and the Delaware Memorial Bridge, allowing seamless connectivity throughout South Jersey, Philadelphia, and Delaware.
Overall, the property offers a compelling blend of stable occupancy, creditworthy tenants, and strategic regional accessibility – making it a rare opportunity for investors seeking a value-add medical/professional office asset in a high-demand corridor.
Investment highlights
- +/-28,162 SF Two-Story Building
- Leased to Six Tenants (64% Leased)
- Occupied by Two Prestigious Healthcare Servicers
- Prime Location with Tri-State Accessibility
- Limited Competing Inventory in the Market
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