Listing ID:#20170742

Building SF:29,612

Parcel Size:3.72 Acres


Building PSF:$155.34

Property Type:Office

Date Available:Now


INVESTMENT SALE - The construction of 2 Marsh Court was completed in 2OO2 and the building has been continuously occupied by Women's International Pharmacy, Inc. since April, 2OO2. The building consists of approximately 30,000 square feet of which 5,000 is designated as warehouse space, 2,500 square feet is available for warehouse or office use, and the balance of 22,500 sq. ft. is used for the pharmacy business operations: i.e., compounding lab, call centers for pharmacists and technicians, pulling and filling area for prescriptions, billing department, education resource center, and miscellaneous offices for managers. The building has been continuously occupied by Women's International Pharmacy, Inc. since April, 2OO2. The Pharmacy is a compounding pharmacy specializing in compounded bio-identical hormones, nationally known, and licensed to do business throughout the United States. Women's International Pharmacy changed ownership in March 2021 -- the transaction was conducted via a stock sale, so the tenant remains unchanged. The buyer is an affiliate of another nationally known compounding pharmacy having a similar business model to that of Women's International Pharmacy. There has been no major change to the layout of the building as reflected on the floor plan; however, some areas/rooms may have been repurposed.

Financial Information

Cap Rate:6.99%

Building Details

Building Type:Stand Alone

Building Status:Existing

Year Built:2022

Current Use:Office/Pharmacy/Warehouse

Number of Floors:1


Outside Parking:Yes

Ceiling at Eves:18 ft

Ceiling at Center:20 ft

Municipal Sewer:Yes

Municipal Water:Yes

Drive Doors:Yes



Building Amenities

Break Room:Yes

Conference Room:Yes

Reception Area:Yes


Contact Listing Agent

Chase Brieman, CCIM


James West


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