Value Add - Former Medical Office Building

Value Add – Former Medical Office Building | Phillipsburg, NJ


Sands Investment Group is Pleased to Exclusively Offer for Sale a 6,458 SF Value Add – Former Medical Office Building Located at 1000 Coventry Drive in Phillipsburg, NJ. This Deal Includes the Market Rent That is $20 Per Square Foot Range; Presenting an Opportunity to Add Immediate Value With Leasing the Building, Providing For a Secured Investment.

  • Market Rent is in the $20 Per Square Foot Range; Presenting an Opportunity to Add Immediate Value With Leasing the Building
  • The Building Was a Former Cardiology Practice For 15 Years; The Building Could Be a Strong Fit For Medical Being Just Over a Mile Away to Saint Luke’s Warren Campus Hospital
  • The Township Has Shown Openness to Switching the Current Zoning to Allow For Multi-Family at the Site
  • Currently Zoned – PO (Professional Office) With Township Willing to Discuss Rezoning
  • Two Story Building; First Floor is About 4,500 Square Feet and Second Floor is about 2,000 Square Feet

In Cooperation With Sands Investment Group New Jersey, LLC – Lic. #2187470 BoR: Tom Gorman – Lic. NJ #2187471

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Development Opportunity (Land)

Garden State Parkway Development Opportunity (Land) | Lacey Township (Forked River), NJ


Sands Investment Group is Pleased to Exclusively Offer For Sale the Development Opportunity (Land) Located at 1100 Lacey Road in Lacey Township, NJ. This Deal Includes an Ideally Located Development Opportunity Just Off Exit 74 of the Garden State Parkway and the Site Features Over 2.64 Acres of Land With Additional Land Available, Providing For a Secured Investment.

  • Ideally Located Development Opportunity Just Off Exit 74 of the Garden State Parkway
  • Site Features Over 2.64 Acres of Land With Additional Land Available
  • Exit 74 on the Garden State Parkway Sees Over 89,000 Vehicles Per Day
  • Local Municipality Has Expressed a Willingness to Help Streamline the Approval Process
  • Uses Such as Gas Station/C-Store, QSR, Self-Storage. Hotel and Multi-Family Make Sense For the Location
  • Motivated Seller Sits On Several Local Boards and Will Work as a Consultant if Desired

In Cooperation With Sands Investment Group New Jersey, LLC – Lic. #2187470 BoR: Tom Gorman – Lic. NJ #2187471

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Credit Tenant Anchored Development Opportunity

Joint Venture Development Opportunity | Little Egg Harbor Township, NJ


Sands Investment Group is Pleased to Exclusively Offer For Sale the 16,993 SF Joint Venture Development Opportunity Located at 798 N Green Street in Little Egg Harbor Township, NJ. This Deal Includes a Unique Opportunity to Own a Property With Stabilized Credit Tenants and an Opportunity For Two Additional Acres of Development in a Healthcare Hub, Providing For a Great Opportunity.

  • Unique Opportunity to Own a Property With Stabilized Credit Tenants and an Opportunity For Two Additional Acres of Development in a Healthcare Hub
  • The AtlantiCare Surgery Center Has Been the Anchor Tenant Since 2007 and Has Shown a Long-Term Commitment to the Location
  • Zoning For Developable Land is General Commercial and an Opportunity to Put Another 26,000 Square Feet (Two Buildings); Medical Vacancy in the 10-Mile Area is 1.5%, Giving the Ability For Profitable Development and Lease of the Land
  • Seller Would Consider a Joint Venture Structure in Lieu of an Outright Sale, Providing For a Great Development Partner Opportunity
  • AtlantiCare is a AA- Credit Rated Hospital System That Serves the Region With Over 100 Locations; This Location Serves as an AtlantiCare Surgery Center and is Operated in Partnership With Rothman Orthopedics
  • NovaCare Rehabilitation is a Nationally Recognized Provider of Outpatient Physical and Occupational Rehabilitation With More Than 2,000 Locations in 37 States
  • Ocean Health Initiatives is a Network of Health Centers That Offer Comprehensive Primary Care From Seven Locations Throughout New Jersey

In Cooperation With Sands Investment Group New Jersey, LLC – Lic. #2187470 BoR: Tom Gorman – Lic. NJ #2187471

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The Reserve at Grace (Land Development) | Somerdale, NJ


Sands Investment Group is Pleased to Present Exclusively for 72 Ready-to-Build and Approved Units at The Reserve at Grace Land Development, in Somerdale, NJ. This Opportunity is the 2nd Phase of a Newly Constructed 38 Unit Apartments, Which Consists of Two (2), Four-Story Buildings Consisting of 36 Units Each. Fully Prepared Lots, Complete With All Site Work, Plans and Impact Fees Covered, Making This an Excellent Opportunity.

  • 2 Separate Ready-to-Build Land Parcels Equaling 2.50 Acres
  • Phase One (1) Completed in 2023
  • 63 Fully Prepared Lots, Complete With All Site Work
  • Plans and Impact Fees Covered
  • 63 Units Are Open Market With No Deed Restrictions, Allowing For Maximum Rent Capture
  • The Lot Has Both Uncovered and Covered Parking Spaces Available
  • Property Does Come With a PILOT Program That is Assumable

In Cooperation With Sands Investment Group New Jersey, LLC – Lic. #2187470 BoR: Tom Gorman – Lic. NJ #2187471

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The Reserve at Grace | Somerdale, NJ


Sands Investment Group is Pleased to Present Exclusively For Sale The Reserve at Grace Newly Constructed Apartments Located at 99 N White Horse Pike in Somerdale,NJ.

  • Thirty-Eight (38) Newly Constructed Apartments With a Management Office Located On-Site
  • Phase One (1) Completed in 2023
  • All Units Consist of Stainless Steel Appliances, White Quartz Countertops, Washer and Dryer In-Unit, Oversized Bathrooms With Full Size Tub And Shower; All Units Are Keyless Entry
  • The Community Has On-Site Dry Clean Pick Up and a Restaurant
  • The Current Unit Breakdown is Eight (8) Studios, Twenty (20) One (1) Bedroom, Ten (10) Two (2) Bedrooms and Twenty-Four (24) On-Site Storage Units
  • Thirty-Eight (38) Units are 55+ Adult Living Community
  • The Lot Has Both Uncovered and Covered Parking Spaces Available

In Cooperation With Sands Investment Group New Jersey, LLC – Lic. #2187470 BoR: Tom Gorman – Lic. NJ #2187471

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BrightPath Kids NNN

BrightPath Kids | Parsippany, NJ


Sands Investment Group is Pleased to Present Exclusively For Sale the 11,266 SF BrightPath Kids NNN Located at 70 Old Bloomfield Avenue in Parsippany, NJ. BrightPath Kids is One of North America’s Largest Child Care Providers With 140+ Child Care Centers Across Canada and the USA and Located in a High-Traffic Area Off of Interstate 80 and Route 46, Providing For a Unique Investment.

  • BrightPath Kids is One of North America’s Largest Child Care Providers With 140+ Child Care Centers Across Canada and the USA
  • Part of the Busy Bees Family Since 2017- a Network of 390+ Nurseries Across the UK and Ireland
  • Parsippany is a Wealthy Suburb of New York City and is Only a 30 Minute Drive From the Newark Airport
  • Average Household Income of $140,262 and a Population of 47,013 Residents Within 3-Miles
  • Parsippany Expects to Add More Than 1,400 New Residential Units From Redevelopment Projects Currently Underway in Morris County
  • Located in a High-Traffic Area Off of Interstate 80 and Route 46
  • Nearby Elementary Schools: Woodmont, Rockaway Meadow, Lake Hiawatha, Hilldale, All Saints Academy, Northvail, Troy Hills, Knollwood and Eastlake Elementary
  • Nearby Retailers: Target, Nordstrom Rack, Ulta Beauty, Old Navy, Bloomingdale’s, Marshall’s, Costco Wholesale, Chick-fil-A, Starbucks and Home Depot

In Cooperation With Sands Investment Group New Jersey, LLC – Lic. #2187470 BoR: Tom Gorman – Lic. NJ #2187471

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Former Hospice Building Owner-User

Former Hospice Building | Wayne, NJ


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

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Rite Aid NNN Asset

Rite Aid (Carll’s Corner) | Bridgeton, NJ


Sands Investment Group is Pleased to Present For Sale the Rite Aid NNN Asset Located in Bridgeton, New Jersey. This Deal Includes Approximately 7 Years Remaining on Base Term of the Triple Net (NNN) Lease Structure With Minimal Landlord Responsibilities, Providing a Best in Class Investment.

  • BEST IN CLASS INVESTMENT FEATURING STRONG YIELD
  •  ~7 Years Remaining on Base Term of the Lease
  • NNN Lease Structure With Minimal Landlord Responsibilities
  • Rare 10% Rental Increases at Each Option Period Provides Hedge Against Inflation
  • Low Rent/Healthy Store Sales (Contact Broker For Additional Information)
  • DAILY NEEDS & NECESSITY BASED TENANT  
  • Rite Aid Has Been One of the Top Tenants and Primary Appeal to the Immediate Trade Area
  • Rite Aid is the Largest Drug Store Chain on the East Coast and the Third Largest Drugstore Chain in the Country
  • Drug Stores Provide a “Daily Needs” For Consumers Making the Property Pandemic and Recession Resistant
  • DOMINANT LOCATION WITH BUILT IN CUSTOMER BASE 
  • Located in Carll’s Corner Shopping Center, With High Foot Traffic Making it a Destination Location Providing a Built-in Customer Base
  • Strong Traffic Counts – Over 24,000 Vehicles Per Day on the Bust Intersection of Cornwell Drive and N Pearl Street
  • Affluent Trade Area – Average Household Income Over $65,000 Within a 3-Mile Radius
  • Dense Population Base – Over 40,000 People Within 5-Miles
  • Nearby Retailers and Businesses Include – Walgreens, McDonald’s, WaWa’s, Pizza Hut, Burger King, DaVita, Fresenius, T-Mobile, Aldi, Dunkin’s, Wendy’s and More

In Cooperation With Sands Investment Group New Jersey, LLC – Lic. #2187470 BoR: Tom Gorman – Lic. NJ #2187471

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Mixed Use Property Development

Oceanfront Block to Block Development Opportunity | Wildwood, NJ


Sands Investment Group is Pleased to Present Exclusively For Sale a Mixed Use Property Development at 3000 Boardwalk in Wildwood, New Jersey. Approximately 9 Million People Visit Wildwood Annually to Visit the White Sand Beaches or Attend Over 180 Family Focused Events. The Existing 3 Story Structure With 15,000 SF Floor Plates is Located in the BA – Boardwalk Amusement Zoning, Which Allows For Maximum Flexibility in Use, Including Retail and Hotels Up To 6 Stories. The Existing Retail Tenants Generate Almost $450,000 in Gross Revenue, Making the Property an Excellent Covered Land Play While Redevelopment Plans are Approved.

  • Property is Located in an Opportunity Zone Giving the Next Owner Favourable Tax Advantages to Redevelopment
  • 3000 Boardwalk is Located in the BA – Boardwalk Amusement Zoning Which Allows For Many “By Right” Uses Including Retail and Full Service Hotels to 6 Floors
  • The Existing Retail Tenants, Several of Which Have Been in Place Over 20 Years, Generate Almost $450,000 Gross Revenue Per Season, Making the Property an Excellent Covered Land Play While Redevelopment Plans Are Generated and Approved
  • Landlord Has an Almost 40 Year History of Zero Summer Vacancies Prior to 2020 Pandemic
  • Recent Capex Improvements Include a New Roof in 2020 and New Bathrooms and Interior Improvements in the Retails Spaces While the Second and Third Floors Remain in Shell Condition
  • Wildwood is Centrally Located in the Highly Desirable New Jersey Cape Region Where More Than 25 Million People From New York to Washington DC can Reach the Property Within a Half Day’s Drive
  • Wildwood Boardwalk Has Been Named #1 Boardwalk in America and Over 9 Million Annual Visitors Walk the Boardwalk in Front of the Property
  • Morey’s Amusement Pier Was Named a “Top 10 Pier in America”
  • Wildwood Has Been Chosen as One of Time Magazine’s “50 Authentic American Experiences”
  • Voted “Top Tourist Town in the Northeast” For Families, Featuring Over 11,000 Guest Rooms Within a 5-Mile Radius
  • Home to a State of the Art 260,000 SF Convention Center Which Often Serves as a Base For Over 180 Family Focused Events a Year
  • Wildwood is the East Coast’s Most Fun and Exciting Seaside Promenade Features 38 Blocks of Sensory Overload With Three Amusement Piers Boasting More Rides and Attractions Than Disneyland, Three Incredible Water Parks, Arcades, Games, Retail Shopping and More Eateries Than the Mall of America; It’s “America’s Boardwalk”

Sands Investment Group New Jersey, LLC Lic. # 2187470 – Tom Gorman BoR: NJ Lic. # 2187471

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autozone absolute triple net

AutoZone | Clifton, NJ


We Are Pleased to Present For Sale the AutoZone Absolute Triple Net Investment Opportunity Located at 977 Bloomfield Avenue in Clifton, New Jersey. This is a Hub Location That Acts as a Feeder Store to All Other AutoZone Locations in the Region. This Thriving Store Which Operates Under an Absolute Triple Net Lease, With Attractive Rent Increases, Provides For a Best-of-Class Investment With Income Growth of an Established Tenant in a Highly Desirable New Jersey Market.

  • ~13 Years Remaining on an Absolute Triple Net (NNN) Lease – No Landlord Responsibility
  • Recently Renewed Lease – Showing Commitment to Site
  • Strong 25 Year Operating History
  • AutoZone, Inc. Corporate Guarantee – Investment Grade National Credit Tenant (BBB+)
  • Tenant is Paying Below Market Rent
  • Shadow Anchored By Home Depot
  • High Barrier to Entry Market
  • This Location is a Feeder Store Which Supplies All Other AutoZone Stores in the Region
  • Essential Business – E-Commerce, Recession and COVID Proof Tenant
  • Just Off NJ Route 3 Which Sees Over 151,600 VPD
  • Strong Demographics – Population of Over 626,309 Residents Within a 5-Mile Radius Making an Average Household Income of $102,365
  • Nearby Tenants Include: Walgreens, CVS Pharmacy, Dunkin’, Sherwin Williams, Modell’s Sporting Goods, Dollar Tree, Old Navy, Petco, Trader Joe’s, Target, Kohl’s, Starbucks, Costco, Chipotle and More
Greg Balderacchi – JDS Real Estate Services, Inc.
NJ Lic. #1646484 & CA Lic. #01507135
213.446.5366 | jstein@jdsreservices.com

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Walgreens

 

  • Walgreens Has Been Operating at this Location for Over 10 Years With a Proven Track Record in this Market Corporate
  • Long Term Lease (S&P ‘BBB’ Investment Grade Credit) With 15 Years Remaining on Initial 25 Year Lease and Ten (10) – Five (5) Year Options to Extend
  • Walgreens Consists of an Absolute NNN Lease, Making This an Ideal and Passive “Coupon Clipper” Property for Out-of-State Investors
  • Free Standing Asset on Large 4.83 Acre Parcel of Land Allowing for Future Redevelopment Opportunities
  • Walgreens Greatly Benefits From the Dominant SW Corner Location on the Intersection of Mathistown Road and Center Street
  • Strategically Located 27 Miles North of Atlantic City and 103 Miles South of New York City, Little Egg Harbor Township Serves as a Destination Point For Travelers Between the Two

In Cooperation with JDS Real Estate Services, Inc. Broker of Record: Greg Balderacchi Lic# 1434816

Sherwin Williams

 

  • 45 Year Operating History at this Location
  • NN Lease with 5+ Years Remaining
  • 10 Miles Southeast of Downtown Philadelphia
  • Strong Demographics with Average Household Income Exceeding $74,000
  • Sherwin Williams (NYSE: SHW) – Standard & Poor’s ‘A’