2010 Broad St Lansdale, PA 19446
8,000 SF NNN Lease, 7% Cap Rate
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 134
Highlights
- 8,000 SF medical office building in Lansdale, PA, built in 2018 as a build-to-suit for Jefferson Health.
- NNN lease structure with no immediate capital expenditures needed.
- Strong tenant, Jefferson Health (A2 credit rating), with a 15-year net lease (8.2 years remaining) including 1% annual rent increases and two 5-year renewal options.
- Located in a high-growth area with a 4% population increase within a 10-mile radius over the past 12 years and projected 1.5% growth over the next five years.
- $2,972,000 asking price, representing a 7.00% cap rate and $371.50/SF. NOI is $208,058.
Property Details for 2010 Broad St
- Property type
- Office properties, Medical offices
- Square Feet
- 8,000 SF
- Year Built
- 2018
- Lot Size (sq. ft)
- 67,082 SF
Location Insight
- City
- Lansdale
- County
- Montgomery
- State
- Pennsylvania
- Latitude
- 40.2599936
- Longitude
- -75.2639897
Nearby Similar for Sale
FAQs
- What type of property is this?
- Office property - 8,000 SF NNN Lease, 7% Cap Rate
- Where is the office property located?
- The property is located at 2010 Broad St Lansdale, PA.
- What is the asking price?
- The asking price for this property is $2,972,000.
- What are key features of this property?
- This property features: 8,000 SF medical office building in Lansdale, PA, built in 2018 as a build-to-suit for Jefferson Health.; NNN lease structure with no immediate capital expenditures needed.; Strong tenant, Jefferson Health (A2 credit rating), with a 15-year net lease (8.2 years remaining) including 1% annual rent increases and two 5-year renewal options.
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