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29308777
29308778

2412-14 W Passyunk Ave, Philadelphia, PA 19145

SJ
PA RS311123
Equity CRE
TD
PA RS379669
Equity CRE
Listed by Equity CRE
$2,150,000
149 days on market
Updated 13 days ago

Single Tenant Medical Facility

Details
Property Type Office, Retail
Sub Type Medical Office
Square Footage 6,900
Cap Rate 7.08%
NOI $152,156
Tenancy Single
Brand/Tenant Azura Vascular Care
Price per SqFt $312
Investment Type Net Lease

Medical Facility | 6,900 SF

Marketing description

Equity CRE is proud to present for sale 2412-14 & 2416 W Passyunk Avenue, a single-tenant medical facility, leased to American Access Care (operating as Azura), a Fresenius Medical Care Company, one of the world’s leading providers of dialysis and renal healthcare services with a significant national and global footprint. The property is strategically positioned along W Passyunk Avenue in South Philadelphia, a densely populated, supply-constrained infill submarket characterized by strong residential healthcare systems. The location provides essential access to a large and growing patient base, making the site highly attractive for long-term outpatient medical operations.

This offering presents investors with the opportunity to acquire a mission-critical healthcare real estate asset operated by a nationally recognized medical tenant providing non-discretionary, life sustaining services. This triple net investment provides stabilized income with the remaining lease term through 2028 with 3 options to renew, three years each. Combined with the property’s urban infill location, functional medical layout, and alignment with long-term healthcare delivery trends, 2412-14 & 2416 W Passyunk Avenue represents a compelling opportunity to acquire stable cash flow with defensive characteristics in a major Northeast market.

Investment highlights

  • Stabilized NNN Investment

  • Needs based healthcare use

  • Strategic location

  • Strong healthcare demographic

Listing Contacts

SJ
PA RS311123
Equity CRE
TD
PA RS379669
Equity CRE
Listed by Equity CRE

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$152,156.00
$12,679.67/mo

Valuation Metrics

0
DSCR
7.08%
Cap Rate
7.08%
ROI

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Additional Information

Name
Steve Jeffries
License
RS311123
Name
Tyler Deininger
License
RS379669
Brokerage
Equity CRE
Brokerage Phone
6106457700
Title
Commercial Real Estate Brokerage
Brokerage Address
531 West Germantown Pike
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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