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30083942
30083943

2137 Welsh Rd, Philadelphia, PA 19115 For Sale

MSC Retail
Listed by MSC Retail
$1,420,000
134 days on market
Updated 134 days ago

Dental 365

Details
Property Type Office
Sub Type Medical Office
Square Footage 3,625
Units 1
Cap Rate 7.00%
Occupancy 100%
Tenancy Single
Lease Type Modified
Price per SqFt $392
Year Built 1983
Year Renovated 2015
Investment Type Net Lease
Ownership Condominium

Dental 365 | 7.00% CAP | 3,625 SqFt

Marketing description

MSC Retail is pleased to exclusively present a single-tenant investment opportunity leased to Dental 365, a premier New York-based Dental Support Organization (DSO) operating more than 160 practices nationwide. The asset is a medical office condominium strategically positioned along Welsh Road, benefiting from strong visibility and traffic counts of 22,344 vehicles per day (VPD). The property is located just off Roosevelt Boulevard (U.S. Route 1) with traffic counts of 39,274 VPD, one of Philadelphia’s primary commercial arteries, providing exceptional regional accessibility and connectivity throughout Northeast Philadelphia. Situated in Northeast Philadelphia, one of the city’s most densely populated and established residential submarkets, the property benefits from a strong demographic profile and consistent healthcare demand. The immediate trade area features stable household incomes and a dense population base supporting long-term medical tenancy. Dental 365 recently acquired the long-standing dental practice at this location, which has successfully operated at the site for over 10 years and as a practice for over 60 years, further reinforcing site stability, patient retention, and recurring revenue. The lease provides six (6) years of remaining term on the initial seven (7) year agreement, with one (1) five-year renewal option and 2.5% annual rental escalations. The corporate-backed guarantee from Prem

Listing Contacts

MSC Retail
Listed by MSC Retail

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