Commercial Land for Sale in Vineland, New Jersey

1206 W Sherman Ave Vineland, NJ 08360

Images
Map
1 / 70
$1,695,950
7 acres
Active
agoEst $11,018/mo

Exclusive Investment Opportunity The Rivas Realty Group is proud to present a prime, income-generating investment opportunity at 1206 W. Sherman Ave, Building 2A, Vineland, NJ. This modern, well-maintained 2-story medical office building offers 7,310+ sq. ft. of professional-grade office space, strategically designed to support medical tenants. Featuring 11+ exam rooms, 12+ private doctor's offices, and two spacious waiting areas, the facility is built to accommodate healthcare professionals and their patients with efficiency and comfort. Additional on-site amenities include a staff cafeteria and a conference room, making this a highly functional space for long-term tenants. Constructed in 2008 and in excellent condition, the property is low-maintenance, providing an ideal turnkey solution for investors seeking stability and minimal oversight. The property is currently leased to IMG Vineland Surgical Associates, a reputable, long-term tenant that has occupied the building since 2018 and has a lease expiration of 4/30/25. The current "gross" lease structure has the tenant covering utilities while the landlord is responsible for insurance, taxes, condo fees, and maintenance. Key investment highlights include a current cap rate of 7.86% and a projected rent increase to fair market value of $20-$21 per sq. ft. under the NNN lease structure, enhancing future income potential. The property's prime location just 0.5 miles from Inspira Vineland Hospital ensures high visibility and easy access for patients and staff alike, further elevating its attractiveness as a medical office investment. At an asking price of $1,695,950, this property offers an attractive value proposition for investors seeking long-term, stable returns guaranteeing cash flow with minimal management responsibilities and low operational costs. This is a rare opportunity to acquire a well-positioned, low-risk asset in a thriving healthcare market. For more information or to schedule a tour, please contact the Rivas Realty Group today. This investment opportunity won't last!

Sq feet
2008
Built

Directions

West on Sherman, cross Delsea Dr., on right before Inspira.

Location

Street Address
1206 W Sherman Ave
Community
Vineland City
Elevation
89 feet
Coordinates
39.4492, -75.0519

Property details

MLS Number
SJSRMLS 592592
Date Posted

Property taxes

2024
$26,074

This 7.06-acre property is located at 1206 W Sherman Ave in Vineland, NJ 08360 with latitude 39.4492 and longitude -75.0519. The property is currently available for sale for $1,695,950. It has a structure built in 2008. Listing data is sourced from South Jersey Shore Regional MLS # 592592.

Verify sale details at the property source or contact eXp Realty-Northfield at (609) 992-6872.

Report listing issue

Copyright (C) 2025 South Jersey Shore Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Updated . Checked 1 hour ago. Parcel data by Regrid.

Contact listing agent Message rules
By submitting, you agree to the terms of use, privacy policy, and to receive communications.
Contact agent