Tenant: Former Hospice Building | Wayne, NJ Premises: 9,535 SF Renewal Options:
Lease Expiration: Lease Type: Rental Increases:
Sands Investment Group is Pleased to Present For Sale the Former Hospice Building Owner-User Investment Located in Wayne, New Jersey. This Deal is Situated on a Hospital Campus With Multiple Points of Access. The Building Features a Strong New Buildout Designed For a Variety of In-Patient Uses.
MEDICAL CAMPUS ADDRESS: Situated Adjacent to St. Joseph’s Wayne Medical Center, a 229-Bed Acute Care Hospital and Member of St. Joseph’s Healthcare System (Moody’s Baa3), the Property Benefits From Its Immediate Proximity to This Excellent Medical Driver That Treats More Than 150,000 Patients a Year
DESIRABLE INFILL LOCATION: The Property is Located Within a Densely Populated and Affluent Suburb 25-Miles From New York City, There Are Nearly 150,000 Residents With an Average Household Income of $98,000+ Within a 3-Mile Radius
BEST-IN-CLASS CONSTRUCTION AND INTERIOR FINISHES: Built in 2015, the Building is Highlighted By an Attractive Facade With a Fully Furnished Interior That Features Hospitality-Like Finishes With a Covered Entrance and Garden, Terrace Deck, Solarium and Lobby and Family Room Areas
FUNCTIONAL BUILDING DESIGN: In Addition to the Lobby and Common Room Areas, the Building Consists of 12 Private Rooms With Bathroom, Nurse’s Station, Staff Lounge With Lockers, Medical and Supply Storage Rooms and a New 450KW Diesel Backup Generator Providing a New Owner or Occupant With a Functional Floor Plan That Can Be Utilized For a Variety of Healthcare Uses
In Cooperation With Sands Investment Group New Jersey, LLC – Lic. #2187470 BoR: Tom Gorman – Lic. NJ #2187471