Medical Office Net Lease
For Sale
Contact for pricing
102 Memorial Dr, Schwenksville, PA 19473
Medical office building offering a net lease structure with an existing credit tenant and ongoing income.
Property Size6,316 SF
Price / SF$266.78
Days on Market53
Property Features for 102 Memorial Dr
General Information
Standard status
Active
Size
6,316 SF
Property subtype
OFFICE
Listing Agency:
SVN | Ahia
(215) 757-2500
Listed By:
Chichi E. Ahia, SIOR · License ##RM423727
(267) 981-9110
Source:
Moodyscre
Added: Aug 24
Changed: Oct 14
Last Checked: Oct 14 at 11:56PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN | Ahia
Investment Insights
Based on property information with market context.
This medical office property comprises a 6,316 SF building on approximately 0.72 AC. The asset is subject to a net lease structure and has an existing credit tenant, providing current income from the occupied property.
The property is located at 102 Memorial Dr in Schwenksville, Pennsylvania, with access to Route 73 and Route 29. Its medical office configuration, established tenancy, and regional route connectivity define the offering.
The property is located at 102 Memorial Dr in Schwenksville, Pennsylvania, with access to Route 73 and Route 29. Its medical office configuration, established tenancy, and regional route connectivity define the offering.
Key Highlights
- 6,316 SF medical office building
- 0.72 AC land area
- Net lease structure with existing credit tenant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$99,298
Cap Rate
5.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,985,960
$2.0M
Cap Rate 7%
$1,418,543
$1.4M
Cap Rate 9%
$1,103,311
$1.1M
Market Conditions
NOI Build-Up for 6,316 SF
Gross rent
$164.5K $26.04/SF
− Vacancy
−$32.1K −$5.08/SF
EGI
$132.4K $20.96/SF
− OpEx
−$33.1K −$5.24/SF
NOI
$99.3K $15.72/SF
Area
Montgomery County, PA
Vacancy
19.50%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,985,960
Cap Rate 7%
$1,418,543
Cap Rate 9%
$1,103,311
Alternative Uses
Best Use
Office B
$1.42M
$1.24M – $1.65M
NOI $99,298 @ 7.0% cap · market cap 5.89%
Second Best
Healthcare Medical
$1.30M
$1.14M – $1.52M
NOI $91,280 @ 7.0% cap · market cap 5.42%
Theoretical Best
Specialty Retail
$3.63M
$3.18M – $4.24M
NOI $254,312 @ 7.0% cap · market cap 15.09%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
143
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 19473, PA
16,028
Population
6,801
Households
2.4
Avg Household Size
42
Median Age
55%
College-Educated
96%
High-School Grad
24.3 sq mi
ZIP Area
660
Density / Sq Mi
$135,386
Median Household Income
$70,174
Median Earnings
$1,400
Median Rent
$454,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Medical office building offering a net lease structure with an existing credit tenant and ongoing income.
Where is this medical office space located?
The property is located at 102 Memorial Dr Schwenksville, PA.
What is the asking price?
The asking price for this property is $1,685,000.
What are key features of this property?
This property features: 6,316 SF medical office building; 0.72 AC land area; Net lease structure with existing credit tenant
