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Elite Concierge Medicine Leases 1,105-SF Medical Office At 414 Eagle Rock Avenue In West Orange

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LEASED

New Jersey

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Medical Office1,105 SF
Leased 02/13/2025
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LEASED

Elite Concierge Medicine Leases 1,105-SF Medical Office At 414 Eagle Rock Avenue In West Orange

414 Eagle Rock Avenue

See Similar Deals
Medical Office1,105 SF
Leased 02/13/2025
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Summary

NEW JERSEY
Asset Type:Medical Office
Price Per Square Foot:$0
Total Square Footage:1,105 SF
Transaction Type:Lease

The property involved is a medical office located at 414 Eagle Rock Avenue in West Orange, featuring a total square footage of 1,105. The asset is held by the landlord, Cort Eagle LLC.

Summary of transaction details:

  • Property Type: Medical Office
  • Transaction Amount: Not disclosed
  • Address: 414 Eagle Rock Avenue
  • Market: West Orange
  • Landlord: Cort Eagle LLC
  • Tenant: Elite Concierge Medicine
  • Brokers: Darren Lizzack & Randy Horning - NAI James E. Hanson

This lease transaction was facilitated by brokers Darren Lizzack and Randy Horning, who represented the landlord, Cort Eagle LLC. The deal illustrates the increasing interest in concierge medical practices within the healthcare sector.

Players

Darren Lizzack
18 deals$63M volume
BROKER

Randy Horning
The Clinical Group
16 deals$36.8M volume(201) 478-7392
BROKER

Details

LEASED
IMAGE: Darren Lizzack & Randy Horning DATE: 02/13/2025 ADDRESS: 414 Eagle Rock Avenue MARKET: West Orange ASSET TYPE: Medical Office ~ SF: 1,105 LANDLORD: Cort Eagle LLC TENANT: Elite Concierge Medicine BROKERS: Darren Lizzack (@LizzackHorning) & Randy Horning (@TherealRandizzle) - NAI James E. Hanson (@Nai_Hanson) NOTE: Elite Concierge Medicine signed a 1,105-sf medical office lease at 414 Eagle Rock Ave in West Orange, with NAI James E. Hanson’s Darren Lizzack and Randy Horning representing landlord Cort Eagle LLC. The deal reflects the growing demand for concierge medical practices, as the U.S. market is projected to reach $18B by 2033.

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Deal Type
Effective Rent (Annual)

$63,337.93

Total Lease Value

$633,379.33

Net Landlord Cash Flow$63,337.93