Absolute NNN Medical Office
For Sale
Contact for pricing
866 W Bristol Rd, Warminster, PA 18974
Two freestanding medical office buildings with absolute NNN structure and immediate income from a long-term tenant.
Property Size7,665 SF
Lot Size3.50 Acres
Price / SF$267.45
Days on Market581
Property Features for 866 W Bristol Rd
General Information
Standard status
Active
Size
7,665 SF
Lot size
3.50 Acres
Property subtype
OFFICE
Additional Details
Cap Rate
7%
Listing Agency:
SVN | Ahia
(215) 757-2500
Listed By:
Chichi E. Ahia, SIOR · License ##RM423727
(267) 981-9110
Source:
Moodyscre
Added: Mar 26, 2025
Changed: Oct 25
Last Checked: Oct 26 at 8:12PM
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
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Investment Insights
Based on property information with market context.
This offering includes two freestanding medical office buildings under an absolute NNN lease structure. The combined building area is approximately 7,665 square feet (±), situated on about 3.5 acres of land (±). The property is presented as an income-producing investment with immediate income from an existing long-term tenant, and the lease structure is described as requiring no landlord responsibilities throughout the term.
Located at 866 W Bristol Rd in Warminster, Pennsylvania, the property is positioned near populated residential neighborhoods. Access to major connecting routes is described as convenient, with York Rd, Street Rd, and Jacksonville Rd minutes away.
The offering is presented for sale with a target 7% CAP rate, supported by the existing long-term tenancy and the stated absolute NNN structure.
Located at 866 W Bristol Rd in Warminster, Pennsylvania, the property is positioned near populated residential neighborhoods. Access to major connecting routes is described as convenient, with York Rd, Street Rd, and Jacksonville Rd minutes away.
The offering is presented for sale with a target 7% CAP rate, supported by the existing long-term tenancy and the stated absolute NNN structure.
Key Highlights
- Medical office investment with absolute NNN lease structure
- Immediate income from an existing long‑term tenant
- Two freestanding medical office buildings with a combined 7,665 SF ± building area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$120,506
Cap Rate
5.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,410,120
$2.4M
Cap Rate 7%
$1,721,514
$1.7M
Cap Rate 9%
$1,338,956
$1.3M
Market Conditions
NOI Build-Up for 7,665 SF
Gross rent
$199.6K $26.04/SF
− Vacancy
−$38.9K −$5.08/SF
EGI
$160.7K $20.96/SF
− OpEx
−$40.2K −$5.24/SF
NOI
$120.5K $15.72/SF
Area
Bucks 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%
$2,410,120
Cap Rate 7%
$1,721,514
Cap Rate 9%
$1,338,956
Alternative Uses
Best Use
Office B
$1.72M
$1.51M – $2.01M
NOI $120,506 @ 7.0% cap · market cap 5.88%
Second Best
Healthcare Medical
$1.51M
$1.33M – $1.77M
NOI $106,044 @ 7.0% cap · market cap 5.17%
Theoretical Best
Office A
$2.32M
$2.03M – $2.71M
NOI $162,677 @ 7.0% cap · market cap 7.94%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
298
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 18974, PA
42,507
Population
17,970
Households
2.4
Avg Household Size
47
Median Age
39%
College-Educated
95%
High-School Grad
19.7 sq mi
ZIP Area
2,158
Density / Sq Mi
$99,724
Median Household Income
$57,726
Median Earnings
$1,634
Median Rent
$407,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Medical Office Space - Two freestanding medical office buildings with absolute NNN structure and immediate income from a long-term tenant.
Where is this medical office space located?
The property is located at 866 W Bristol Rd Warminster, PA.
What is the asking price?
The asking price for this property is $2,050,000.
What are key features of this property?
This property features: Medical office investment with absolute NNN lease structure; Immediate income from an existing long‑term tenant; Two freestanding medical office buildings with a combined 7,665 SF ± building area
