1970 Broad StLansdale, PA 19446
High-yield medical office building, strong tenants.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 94
Highlights
- 12,000 SF medical office building in Lansdale, PA, on a 1.54-acre lot.
- 98% occupied by Penn Medicine and LabCorp under NNN leases with 3% annual rent increases.
- Asking price: $2,640,000 ($220/SF), generating $228,218 NOI (8.64% cap rate).
- Prime Montgomery County location with excellent visibility and accessibility.
- Recently renovated with strong tenancy and significant upside potential.
Property Details for 1970 Broad St
- Property type
- Other office properties, Medical offices
- Square Feet
- 12,000 SF
- Year Built
- 1982
- Lot Size (sq. ft)
- 67,082 SF
Location Insight
- City
- Lansdale
- County
- Montgomery
- State
- Pennsylvania
- Latitude
- 40.2599254
- Longitude
- -75.2643557
Nearby Similar for Sale
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