Marcus & Millichap Sells Fully Leased Medical Office At 100 Lexington Road For $2.5M

A private investor sold a fully leased medical office building at 100 Lexington Road in Swedesboro. The sale price was $2,500,000 for a total square footage of 10,193 and a price per square foot of $245.

Summary of transaction details:

• Property Type: Medical Office
• Transaction Amount: $2,500,000
• Square Footage: 10,193
• Price per Square Foot: $245
• Address: 100 Lexington Road
• Market: Swedesboro
• Brokers: Derrick Dougherty, John Horowitz & Mark Krantz - Marcus & Millichap

The property is anchored by Inspira Health and is strategically located near major highways and a planned residential development. Marcus & Millichap represented both sides in the transaction.