REO Medical/Surgery Center in Bergen County
Office | 29,321 SqFt
Marketing description
Tours Available July 15th 7PM-9PM. Please contact [email protected] to schedule.
Colliers is pleased to present the fee simple interest in 555 Kinderkamack Road, Oradell, Bergen County, New Jersey. The property is a two-story, 29,321-square-foot medical office building.
555 Kinderkamack Road is approximately 78% leased to three medical tenants, including a 9,900-square-foot surgical center, a radiology center, and a dental practice. With a weighted average lease term remaining (WALT) of 3.8 years, the property represents a rare value-add medical investment opportunity with stable in-place income with additional upside through the lease-up of the vacant space. The vacant suites are well-configured for medical users.
Bergen County, New Jersey is a premier healthcare hub, home to nine highly rated medical centers—many affiliated with leading NYC teaching hospitals—including St. Mary’s General Hospital just 3 miles from the property. The county’s dense, affluent, well-educated, and aging population supports strong demand for medical services, making this a rare value-add opportunity in one of Northern New Jersey’s most desirable medical office markets.
Investment highlights
- 29,321-square-foot, two-story medical office asset located in affluent Bergen County.
- Value-add opportunity to increase cash flow through lease-up of 6,500 RSF vacancy.
- Premier Bergen County demographics with high income and population density driving long-term medical demand.
- 78% occupied by medical providers, including imaging, surgical and dental tenants with 3.8 years of WALT remaining.
- Close proximity to nine major medical centers with convenient access to the Garden State Parkway, I-80, and just 14 miles from New York City.
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