303 Harford St Milford, PA 18337
10,700 SF Medical Office, 7% Cap Rate
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 135
Highlights
- 15-year lease with a 7% Year-1 return in the New York MSA, providing a stable, long-term investment.
- NNN lease structure in a recession-resistant healthcare property, ideal for local or national investors.
- 2% annual rent increases and up to 20 years of renewal options offer inflation protection and growing cash flow.
- Located in the rapidly growing US Ambulatory Surgical Centers market, projected to reach $205.52 billion by 2030.
- Prime location within the New York MSA, 90 minutes from Manhattan, in a densely populated area.
- High-traffic location on I-84 near the Pennsylvania-New Jersey border, easily accessible from multiple states.
Property Details for 303 Harford St
- Property type
- Office properties, Medical offices
- Square Feet
- 10,700 SF
- Class
- A
- Year Built/Renovated
- 1990/2019
- Buildings
- 2
- Stories
- 2
Location Insight
- City
- Milford
- County
- Pike
- State
- Pennsylvania
- Latitude
- 41.3246184
- Longitude
- -74.8065255
Nearby Comparable
Nearby Similar for Sale
FAQs
- What type of property is this?
- Office property - 10,700 SF Medical Office, 7% Cap Rate
- Where is the office property located?
- The property is located at 303 Harford St Milford, PA.
- What is the asking price?
- The asking price for this property is $4,200,000.
- What are key features of this property?
- This property features: 15-year lease with a 7% Year-1 return in the New York MSA, providing a stable, long-term investment.; NNN lease structure in a recession-resistant healthcare property, ideal for local or national investors.; 2% annual rent increases and up to 20 years of renewal options offer inflation protection and growing cash flow.
- How can I contact the broker?
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