Matthews Logo

Navigation Menu

5 Walter Foran Blvd, Flemington, NJ, 08822

Align ENT + Allergy

$603,429

Key Information

Cap Rate
8.75%
Tot. SF
1,781
Term Remaining
± 4.4 Years
Type
Healthcare
Occupancy
100%
NOI
$52,800

Highlights

Tenant & Industry

• Best-in-Class Tenant – Align ENT + Allergy is a leading multi-state ENT and allergy platform with more than 47 locations across five states.
• Streamlined Expansion – Align ENT + Allergy grows through partnerships with established practices that already have strong physician relationships and existing patient bases within their communities. This strategy has allowed the platform to expand rapidly across multiple markets.
• Resilient Healthcare Real Estate – Healthcare properties remain highly sought-after investments due to the essential nature of medical services, limited exposure to e-commerce disruption, and historically resilient demand through economic cycles.
• Significant Tenant Investment in Location – Healthcare organizations often make substantial investments in specialized build-outs, equipment, and local patient relationships, creating meaningful barriers to relocation.

Property Highlights

• Affluent Flemington Demographics – The property benefits from strong surrounding demographics, with an average household income exceeding $170,000 within a five-mile radius.
• Established Medical Office Destination – The property is located along Walter E. Foran Boulevard within an established medical and professional office corridor. The building is leased to several healthcare specialty tenants, including allergy and asthma, podiatry, endocrinology, and pain management, reinforcing the property’s medical-office positioning.
• Strategic Route 31 Location – The Flemington office is positioned just off Route 31, one of Flemington’s primary north-south commercial corridors, providing convenient access throughout Flemington, Raritan Township, and the surrounding Hunterdon County market.

Photos

Location

Agents

Broker of Record

Patrick Forde

License # 122887, 2330333 (NJ)
Matthews Real Estate Investment Services, Inc
300 Frank W Burr Blvd, Suite 440 Teaneck, NJ 07666