Medi-Home Healthcare Building | Philadelphia, PA
Sands Investment Group is Pleased to Present For Sale the Medi-Home Healthcare NN Lease Medical Investment Located in Philadelphia, Pennsylvania. Built in 1910 and Renovated in 2003, This Property Has Three Years Remaining and a Five Year Option on a Double Net (NN) Lease With $180,000 in Yearly Rent. The Opportunity Provides For a Strong Investment in a Rapidly Expanding Area of Philadelphia on a Major City Artery in the Desirable Temple University Corridor CMX 3 Zone.
- This Property Has 3 Years Remaining and a 5 Year Option on the Lease With $180,000 in Yearly Rent
- Property Features 13,300 SF of Office Space
- Located in the CMX 3 Zone, Which Allows For Up to 5 Floors of Office Space By Right and Up to 8 Floors With Special Bonuses; Property is Currently Only 2 Floors Above Grade
- Property is Strategically Located on North Broad Street Which Sees Over 35,424 VPD
- Roof Replaced in 2016 and Has a Transferable Warranty
- Philadelphia is the 2nd Largest City on the East Coast and the 5th Largest City in America With Over 5,700,000 Residents
- Nearby Temple University Hospital is a Nationally Recognized Academic Hospital
- Centrally Located to a Majority of the Tenant’s Client Base, in the Temple University Corridor of North Broad Street
In Cooperation With Sands Investment Group Philadelphia, LLC – Lic. # RB069072
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