Property History
Stan Johnson Company, on behalf of Ownership, is pleased to offer the opportunity to acquire the Advanced Medical Center- Jefferson, a newly renovated five-tenant medical office building located at 757 Route 15 in Morris County, NJ (the "Property").
The Advanced Medical Center comprises 44,734 rentable square feet on over 7 acres of land, fully leased to a strong group of leading regional medical tenants. The Property features the tenancy of Tri-County Orthopedics and ImageCare Radiology, which combined comprise 74% of the rental income. The remainder of the Property is leased to Sportscare Physical Therapy, Advanced Vascular Associates, and Armac, Inc., creating a synergistic musculoskeletal center of excellence of leading regional tenants. All the tenants have multiple locations in the region with 20+ years of operational history and collectively selected this site to expand their client base into the area.
Tri-County Orthopedics 6,779 SF (15.15%)
Sportscare Institute 5,788 SF (12.94%)
Armac Inc 2,079 SF (4.65%)
Advanced Vascular 3,570 (7.98%)
Imagecare Centers 9,414 SF (21.04%)
Tri-County Orthopedics 17,104 SF (38.23%)
Leading Regional Tenants
NNN Expense Structure
Long-Term Leases with Rent Increases
Near Major Hospitals
Dense Retail Corridor
Premier Access
Affluent Demographics
New York MSA
Loan History
Financial History
Tax History
Contact Information
Ownership Information
Zoning
Property Details
Contacts
Map
Comparable Properties
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