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North Jersey Physical Therapy Associates Leases 1,775-SF Medical Office In Morristown New Jersey

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LEASED
Marcy Gross
Eric Weston

New Jersey

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Medical Office1,775 SF
Leased 12/11/2024
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Property Image
LEASED

North Jersey Physical Therapy Associates Leases 1,775-SF Medical Office In Morristown New Jersey

1201 Mount Kemble Avenue

See Similar Deals
Medical Office1,775 SF
Leased 12/11/2024
Marcy Gross
Eric Weston
the dealplayerscompscontact
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Summary

NEW JERSEY
Asset Type:Medical Office
Price Per Square Foot:$0
Total Square Footage:1,775 SF
Transaction Type:Lease

A lease transaction took place for a medical office space measuring 1,775 square feet located at 1201 Mount Kemble Avenue in Morristown, NJ. The current market for this property is in Morristown, and it serves as the second location for North Jersey Physical Therapy Associates, which focuses on providing various therapy services.

Summary of transaction details:

  • Property Type: Medical Office
  • Transaction Amount: Not specified
  • Address: 1201 Mount Kemble Avenue
  • Market: Morristown
  • Tenant: Carol Cote - North Jersey Physical Therapy Associates
  • Broker: Marcy Gross & Eric Weston - Sheldon Gross Realty

The transaction involved broker representatives Marcy Gross and Eric Weston from Sheldon Gross Realty, who facilitated the lease for North Jersey Physical Therapy Associates. The selected site is strategically located near Route 287 and Morristown Green, allowing the practice to enhance its service outreach, including chronic pain and TMJ therapy.

Players

Marcy Gross
Marcy Gross
6 deals$11.6M volume
BROKER
Eric Weston
Sheldon Gross Realty
Eric Weston
8 deals$13.1M volume
BROKER

Details

LEASED
IMAGE: Carol Cote, Marcy Gross & Eric Weston DATE: 12/11/2024 ADDRESS: 1201 Mount Kemble Avenue MARKET: Morristown ASSET TYPE: Medical Office ~ SF: 1,775 TENANT: Carol Cote - North Jersey Physical Therapy Associates BROKER: Marcy Gross & Eric Weston - Sheldon Gross Realty (@SheldonGrossRealty) NOTE: North Jersey Physical Therapy Associates leased a 1,775-square-foot space at 1201 Mt. Kemble Avenue in Morristown, NJ, brokered by Sheldon Gross Realty’s Marcy Gross and Eric Weston. The practice, strategically located near Route 287 and Morristown Green, expands its presence with a second location offering services such as chronic pain and TMJ therapy.

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Deal Type
Effective Rent (Annual)

$101,741.93

Total Lease Value

$1,017,419.29

Net Landlord Cash Flow$101,741.93