7601 Germantown AvePhiladelphia, PA 19119

For Sale
Call for price

Multi-tenant medical building, great location.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional investment opportunity presents a 4,400 square foot multi-tenant medical office building situated at 7601 Germantown Avenue in Philadelphia, Pennsylvania, 19119. The property boasts a prime location in Mount Airy, conveniently close to Chestnut Hill. Currently operating at 75% occupancy, this three-unit building offers a compelling value-add proposition. The existing tenants are long-standing medical professionals, minimizing landlord responsibilities under a NNN lease structure. There is currently 1,100 square feet of vacant space available, presenting an immediate opportunity to increase revenue. The property sits on a 9,270 square foot lot and includes off-street parking, a significant advantage in this area. With a remaining lease term of two years, this property is ideal for both owner-operators seeking to expand their practice and investors looking for a strong return. The high traffic count of 8,500 ADT further enhances the property's appeal and potential for future growth. This is a rare chance to acquire a well-positioned medical office building in a thriving Philadelphia neighborhood.

Highlights

  • 4,400 SF multi-tenant medical office building.
  • Mt. Airy location, near Chestnut Hill.
  • Three commercial units.
  • 75% occupancy.
  • Value-add investment opportunity.
  • Off-street parking available.

Property Details for 7601 Germantown Ave

Property type
Other retail properties, Other office properties
Square Feet
4,400 SF
Units
3

Location Insight

City
Philadelphia
County
Philadelphia
State
Pennsylvania
Latitude
40.0651892
Longitude
-75.1951681
7601 Germantown Ave, Philadelphia, Pennsylvania

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7601 Germantown Ave
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