317 Germantown PikeEast Norriton, PA 19403

This exceptional investment opportunity presents a 17,160-square-foot, multi-tenant medical office building located at 317 West Germantown Pike, East Norriton, Pennsylvania, 19403. The property, built in 2022, boasts a 100% occupancy rate with three strong tenants: S.E PA Pain Management, East Norriton Surgical Center, LLC, and Total Performance Physical Therapy. The absolute NNN leases provide a passive income stream with a weighted average lease term (WALT) of 16.4 years, ensuring long-term stability. Annual rent increases are tied to the Consumer Price Index (CPI) with a 2.5% floor, offering inflation protection. The asking price is $10,192,655, representing a price per square foot of $593.98 and a 5.82% cap rate. The property features an attractive assumable debt at a 3.65% interest rate until 2031. Situated on a 0.4-acre lot in a thriving medical corridor, less than a mile from two major regional hospitals, this building offers a high-end fit-out, including two operating rooms. The property's strategic location and strong tenant base make it an ideal investment for those seeking a stable, high-return asset with significant long-term growth potential. Lease options include two 5-year renewal periods. The Net Operating Income (NOI) is $593,196.