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30906522
30906523

681 Harleysville Pike, Harleysville, PA 19438

BH
PA PA RS335804
Marcus & Millichap - Philadelphia
Listed by Marcus & Millichap - Philadelphia
$1,260,000
80 days on market
Updated 80 days ago

681 Harleysville Pike

Details
Property Type Office
Sub Type Medical Office
Square Footage 6,484
Net Rentable (SqFt) 6,484
Units 1
Cap Rate 7.32%
NOI $92,250
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 8
Lease Expiration 04/30/2032
Remaining Term 5.9
Rent Bumps Yes
Lease Options Two (Five Year)
Price per SqFt $194
Class B
Year Built 1990
Buildings 1
Stories 2
Acreage 0.630
Investment Type Stabilized
Lease Commencement 05/01/2024

Medical Office | 7.32% CAP | 2.5% Annual Rent Escalations

Marketing description

681 Harleysville Pike presents a compelling opportunity to acquire a single-tenant medical office investment occupied by Brightside Counseling LLC, an established and growing behavioral health provider. The property is 100% leased on a NNN basis with over six years of remaining lease term and renewal options through 2043, providing investors with stable, passive income and contractual rent growth.

Brightside Counseling has grown into the space over time. Initially they occupied a single floor and now they operate out of both floors and the basement marking Harleysville as their corporate headquarters and underscoring long-term commitment to the site. The lease features 2.5% annual rent escalations, offering built-in NOI growth and inflation protection over the remaining term.

Strategically located along Harleysville Pike, the property benefits from excellent visibility and accessibility and sits directly across the street from St. Luke’s Primary Care, one of the region’s dominant healthcare systems. The surrounding area benefits from strong demographics, established residential neighborhoods, and proximity to regional medical providers, professional services, and retail amenities—supporting long-term tenant stability and re-leasing demand.

The combination of a mission-critical healthcare tenant, absolute NNN lease structure, embedded rent increases, and prime medical corridor location makes 681 Harleysville Pike an attractive option for investors seeking durable cash flow with minimal management responsibility in a high-barrier suburban Philadelphia healthcare market.

Investment highlights

  • Single Tenant, NNN, Medical Office Building

  • Remaining Term: 6+ Years

  • 2.5% Annual Rent Bumps

  • Renewal Options Through 2043

  • Brightside Counseling's Corporate Headquarters

  • $207,137 Average Household Income Within a 1 Mile Radius

Listing Contacts

BH
PA PA RS335804
Marcus & Millichap - Philadelphia
Listed by Marcus & Millichap - Philadelphia

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$92,250.00
$7,687.50/mo

Valuation Metrics

0
DSCR
7.32%
Cap Rate
7.32%
ROI

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Additional Information

Name
Brian Higgins
License
PA RS335804
Brokerage
Marcus & Millichap
Brokerage Phone
2155317093
Brokerage Address
2005 Market Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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