Sparta Medical Complex 3 biens | Bureau | Sparta, NJ

An exceptional opportunity to acquire a value-add medical and professional office complex in the affluent community of Sparta, New Jersey. Built in 1988, the property consists of approximately 35,000 SF +/- of medical and professional office space complemented by 14 residential apartments, creating a diverse and stable income stream. The complex is currently occupied by a mix of established medical and professional tenants, with the potential to enhance value through strategic leasing and repositioning. Ideally situated along a highly trafficked corridor with traffic counts of approximately 23,000 vehicles per day, the property benefits from excellent visibility and accessibility. Sparta’s strong demographics further support long-term demand, with average household incomes exceeding $175,000 and a highly desirable residential base that supports medical, healthcare, and professional service uses. This is a rare opportunity to acquire a well-located mixed-use medical complex in one of Northern New Jersey’s most affluent markets with significant upside potential. Proforma CAP approaches 9.03%.