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OneMD LLC Leases 5,000 SF Medical Office Space In Edgewater, NJ

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LEASED
$34

Queensland

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Medical Office5,000 SF
Leased 04/28/2023
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LEASED

OneMD LLC Leases 5,000 SF Medical Office Space In Edgewater, NJ

935 River Road

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Medical Office5,000 SF
Leased 04/28/2023
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Summary

Asset Type:Medical Office
Price Per Square Foot:$34
Total Square Footage:5,000 SF
Transaction Type:Lease

A lease has been brokered for 5,000 square feet of medical office space at 935 River Road in Edgewater, New Jersey, according to NAI James E. Hanson. The tenant, OneMD LLC, a primary care practice with offices in Bergen and Hudson counties, selected this property for its visibility, turnkey space, and location in a modern office building that also houses other healthcare tenants. The lease was facilitated by Darren Lizzack & Randy Horning of Lizzack-Horning - NAI James E. Hanson, representing the tenant, and the landlord, MMGK LLC.

Summary of transation details

  • Property Type: Medical Office
  • Transaction Date: 04/28/2023
  • Property Address: 935 River Road, Edgewater, New Jersey
  • Market: Edgewater
  • Asking Rent: $34/ft.
  • Square Footage: 5,000

NAI James E. Hanson's Team Lizzack-Horning represented OneMD LLC, a primary care practice, in brokering the lease. MMGK LLC acted as the landlord in this transaction. The decision to lease this space was motivated by the property's visibility, turnkey readiness, and its location within a modern office building that houses other healthcare tenants.

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: 04/28/2023 ADDRESS: 935 River Road MARKET: Edgewater ASSET TYPE: Medical Office LANDLORD: MMGK LLC TENANT: OneMD LLC BROKER: Darren Lizzack & Randy Horning - Lizzack-Horning - NAI James E. Hanson ASKING RENT: $34/ft. ~ SF: 5,000 NOTE: NAI James E. Hanson announced that it has brokered a lease for 5,000 square feet of medical office space at 935 River Road in Edgewater, New Jersey. The tenant, OneMD LLC, a primary care practice with offices in Bergen and Hudson counties, was represented by Hanson's Team Lizzack-Horning in the transaction with the landlord, MMGK LLC; the property was chosen for its visibility, turnkey space, and location in a modern office building that houses other health care tenants.

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Deal Type
Effective Rent (Annual)

$194,885.95

Total Lease Value

$1,948,859.48

Net Landlord Cash Flow$194,885.95