Located on a 4.69-acre site, the medical office space is housed in three separate structures consisting of single-story buildings built in 1997 with parking at a ratio of 5.00/1,000-square-foot, including handicap and wheelchair accessible spaces. Currently at 96% occupancy, the buildings are located in a densely populated adult and residential area of Monroe Township, offering very favorable demographics for tenants.

The freestanding buildings offer features inclusive of French windows that allow for abundant natural light, high ceilings, reception and common areas, laboratory, central heating and air conditioning and a courtyard. Other amenities include Wi-Fi, a security system and 24-hour building access along with monument signage.

The property is centrally located amid the towns of Cranbury, Manalapan, Princeton, Holmdel, East Windsor, So. Brunswick and Freehold – all within a 20 to 35-minute drive of the property.

"There is a need for medical office buildings in this area due to the strong demographics of retirees. The property is surrounded by Rossmoor, Clearbrook Park, Concordia and The Ponds, all very large active adult retirement communities," Gianis states.

Reena Forst, Esq., of Fischer, Porter and Thomas, P.C. represented the buyer in the transaction.