Leased Medical Office
For Sale
$799,999
2901 DUTTON MILL Road, Aston, PA 19014
Commercial Sale, ASTON, PA
Property Size3,900 SF
Price / SF$205.13
Days on Market328
Property Features for 2901 DUTTON MILL Road
General Information
Property type
Other
Property subtype
Office
Parking
146
Parking features
Parking Lot
Elementary school district
PENN-DELCO
Middle school district
PENN-DELCO
High school district
PENN-DELCO
Standard status
Active
Taxes and HOA fees
Tax Annual Amount
21895
Utilities
Heating system
Central
Cooling system
Central Air
Building Details
Year built
2009
Number of units
1
Building materials
Brick
Listing Agency:
RE/MAX Ready · RE/MAX International
(610) 828-6300
Listed By:
William Coates · License #RS347167
(267) 212-3034
Added: Oct 16, 2025
Changed: Aug 19
Last Checked: Sep 8 at 2:06AM
MLS# PADE2102082
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 3,900 SF medical office condominium was built in 2009 with brick construction, central heating, central air, and access to a parking lot. The suite is fully leased to a pediatric dental practice that has operated at the property since 2016 and has exercised a renewal option. Lease provisions include annual rent increases and reimbursement of many operating expenses by the tenant.
The property is part of Dutton Mill Professional Center in Aston, Pennsylvania. Regional access includes Routes 452 and 322, I-95, and Delaware County population centers. The combination of medical-office improvements, established occupancy, and documented lease provisions supports review by buyers seeking a leased medical-office asset.
The property is part of Dutton Mill Professional Center in Aston, Pennsylvania. Regional access includes Routes 452 and 322, I-95, and Delaware County population centers. The combination of medical-office improvements, established occupancy, and documented lease provisions supports review by buyers seeking a leased medical-office asset.
Key Highlights
- 3,900 SF medical office condominium
- Fully leased to a pediatric dental practice operating at the property since 2016
- Tenant has exercised a renewal option
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$63,938
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.99%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,278,760
$1.3M
Cap Rate 7%
$913,400
$913.4K
Cap Rate 9%
$710,422
$710.4K
Market Conditions
NOI Build-Up for 3,900 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$103.0K $26.40/SF
− Vacancy
−$17.7K −$4.54/SF
EGI
$85.3K $21.86/SF
− OpEx
−$21.3K −$5.46/SF
NOI
$63.9K $16.39/SF
Area
Delaware County, PA
Vacancy
17.20%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,278,760
Cap Rate 7%
$913,400
Cap Rate 9%
$710,422
Alternative Uses
Best Use
Office B
$913.4K
$799.2K – $1.07M
NOI $63,938 @ 7.0% cap · market cap 7.99%
Second Best
Healthcare Medical
$794.3K
$695.0K – $926.7K
NOI $55,603 @ 7.0% cap · market cap 6.95%
Theoretical Best
Office A
$1.18M
$1.03M – $1.38M
NOI $82,771 @ 7.0% cap · market cap 10.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Office units
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
621
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 19014, PA
21,642
Population
8,177
Households
2.6
Avg Household Size
41
Median Age
35%
College-Educated
96%
High-School Grad
9.3 sq mi
ZIP Area
2,327
Density / Sq Mi
$96,440
Median Household Income
$46,324
Median Earnings
$1,335
Median Rent
$297,300
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Fully occupied medical office condominium with central HVAC, brick construction, and parking lot access.
Where is this medical office space located?
The property is located at 2901 DUTTON MILL Road Aston, PA.
What is the asking price?
The asking price for this property is $799,999.
What are key features of this property?
This property features: 3,900 SF medical office condominium; Fully leased to a pediatric dental practice operating at the property since 2016; Tenant has exercised a renewal option
