First-Floor Medical Office
For Sale
$1,999,000
2000 GRANT AVE #101 101, Philadelphia, PA 19115
Configured with surgical offices, preparation rooms, and related medical furnishings and equipment.
Property Size6,465 SF
Price / SF$309.20
Days on Market52
Property Features for 2000 GRANT AVE #101 101
General Information
Standard status
Active
Size
6,465 SF
Space & Availability
Floor
First Floor
Furnished
Yes
Listing Agency:
Long & Foster Real Estate, Inc.
Listed By:
Francis J Emig · License #RS289586
(610) 225-7400
Source:
Careyrealtygroup
Added: Aug 26
Changed: Oct 5
Last Checked: Oct 14 at 10:24PM
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 Long & Foster Real Estate, Inc.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This first-floor medical office unit occupies 6465 square feet within a surgical center at 2000 Grant Ave in Philadelphia, Pennsylvania. The interior includes surgical offices, preparation rooms, and related medical furniture and equipment, providing a layout already configured for medical operations.
The property is positioned in a densely populated setting surrounded by residential and commercial areas. Daily traffic is generated by nearby residents and commuters. The unit is available for either sale or lease.
The property is positioned in a densely populated setting surrounded by residential and commercial areas. Daily traffic is generated by nearby residents and commuters. The unit is available for either sale or lease.
Key Highlights
- 6465 SF first‑floor medical unit
- Located within an existing surgical center
- Includes surgical offices and preparation rooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$85,076
Cap Rate
4.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,701,520
$1.7M
Cap Rate 7%
$1,215,371
$1.2M
Cap Rate 9%
$945,289
$945.3K
Market Conditions
NOI Build-Up for 6,465 SF
Gross rent
$142.0K $21.96/SF
− Vacancy
−$28.5K −$4.41/SF
EGI
$113.4K $17.55/SF
− OpEx
−$28.4K −$4.39/SF
NOI
$85.1K $13.16/SF
Area
Philadelphia, PA
Vacancy
20.10%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,701,520
Cap Rate 7%
$1,215,371
Cap Rate 9%
$945,289
Alternative Uses
Best Use
Office B
$1.22M
$1.06M – $1.42M
NOI $85,076 @ 7.0% cap · market cap 4.26%
Second Best
Healthcare Medical
$1.20M
$1.05M – $1.40M
NOI $83,786 @ 7.0% cap · market cap 4.19%
Theoretical Best
Multifamily LT 5
$1.58M
$1.38M – $1.84M
NOI $110,325 @ 7.0% cap · market cap 5.52%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
774
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 19115, PA
35,919
Population
15,071
Households
2.4
Avg Household Size
44
Median Age
37%
College-Educated
92%
High-School Grad
5.2 sq mi
ZIP Area
6,908
Density / Sq Mi
$70,388
Median Household Income
$48,949
Median Earnings
$1,230
Median Rent
$330,500
Median Home Value
Market
Vacancy Rate% for Office in Philadelphia, PA
Similar Off Market Nearby
- Boulevard Animal Hospital — 1913 Grant Ave, Philadelphia, PA 19115
Frequently Asked Questions
What type of property is this?
Medical Office Space - Configured with surgical offices, preparation rooms, and related medical furnishings and equipment.
Where is this medical office space located?
The property is located at 2000 GRANT AVE #101 101 Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,999,000.
What are key features of this property?
This property features: 6465 SF first‑floor medical unit; Located within an existing surgical center; Includes surgical offices and preparation rooms
