1437 Dekalb St, Norristown, PA
Modern medical building renovated in 2019, ideal for healthcare services.
- Added:
- Apr 30, 2025
- Days on Market:
- 413
- Last Refresh:
- May 19 at 10:30 pm
Property Features for 1437 Dekalb St
General Information
- Standard status
- Active
- Size
- 17,973 SF
- Lot size
- 0.68 Acres
- Property subtype
- OFFICE
Listing agent Marco DiPrinzio (610) 608-2621
Listing office Forged Real Estate (610) 608-2621
Listing date Apr 30, 2025
Source Moodyscre
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 Forged Real Estate
HighLights
- Anchored by The Children’s Hospital of Philadelphia (CHOP), a top‑ranked pediatric care network.
- Includes Jefferson Health, a multi‑state non‑profit health system with strong credit ratings.
- CHOP's relocation to the building in 2019 facilitated expansion of appointments and services.
- CHOP serves over 1.28 million outpatients annually in the tri‑state area.
- Jefferson Health includes a network of 14 hospitals, 2,851 licensed beds, 3,700 physicians and practitioners and 7,200 nurses.
- The building was renovated and expanded in 2019.
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $468.0k | $26.04 |
| − Vacancy | −$91.3k | −$5.08 |
| EGI | $376.8k | $20.96 |
| − OpEx | −$94.2k | −$5.24 |
| NOI | $282.6k | $15.72 |
Alternative Uses
Current Use by Public Records
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Location Insight
- Map
- Local Demand
- City
- Norristown
- County
- Montgomery
- State
- Pennsylvania
- Longitude
- -75.3332
- Latitude
- 40.1236
