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32344252
32344251

2137 Welsh Road, Philadelphia, PA 19115-4963 For Sale

MSC Retail
MSC Retail
Listed by MSC Retail
$1,215,000
81 days on market
Updated 81 days ago

2137 Welsh Road

Details
Property Type Office
Sub Type Medical Office
Square Footage 2,559
Cap Rate 7.00%
Tenancy Single
Lease Type NNN
Lease Term 10
Rent Bumps Yes
Lease Options 2x5 Year
Year Built 1983
Year Renovated 2015
Acreage 0.710
Parking Spaces 80 spaces
Parking per 1,000 SqFt 31.26
Investment Type Sale/Leaseback
Ownership Condominium

Dental | 7.00% CAP | 10 Year NNN

Marketing description

MSC Retail is pleased to exclusively present a single-tenant investment opportunity leased to Kids Choice Pediatric Dentistry, an established and well-performing pediatric dental practice with a strong presence in the Northeast Philadelphia market.

The asset is a medical office condominium strategically positioned at the signalized intersection of Welsh Road (22,344 VPD) and Roosevelt Boulevard (39,274 VPD), offering exceptional visibility and access along one of Philadelphia's primary commercial corridors, providing strong regional connectivity throughout Northeast Philadelphia.

Situated within one of the city's most densely populated and established residential submarkets, the property benefits from a robust demographic profile, serving approximately 220,000 residents within a 3-mile radius and average household incomes exceeding $97,000—supporting long-term healthcare demand and tenancy stability.

Kids Choice Pediatric Dentistry is a long-standing operator with a proven track record at this location, demonstrating consistent patient demand, strong operating performance, and deep-rooted community presence.

The offering features a new 10-year, NNN lease with 2.5% annual rental escalations, zero landlord responsibilities, and two (2) five-year renewal options, delivering a passive, low-maintenance investment within a professionally managed medical office condominium association.

Investment highlights

  • Prime Corner Location Positioned at the signalized intersection of Roosevelt Blvd (39,274 VPD) and Welsh Road (22,344 VPD), offering excellent visibility within a well-established medical corridor.
  • Dense &Affluent Trade Area Located in Northeast Philadelphia, serving a population of approximately 220,000 residents within a 3-mile radius, with average household incomes exceeding $97,000.
  • Attractive Lease Structure New 10-year NNN lease with 2.5% annual rent escalations, zero landlord responsibilities, and two (2) five-year renewal options.
  • Established Tenant Kids Choice Pediatric Dentistry is a long-standing operator with strong practice performance and a proven presence in the market.
  • Passive Investment Profile NNN lease within a professionally managed medical office condominium association, providing a stable, low-maintenance investment opportunity.

Listing Contacts

MSC Retail
MSC Retail
Listed by MSC Retail

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