Medical Office Suite with Exam
2000 GRANT AVE #103 103, Philadelphia, PA 19115
For Sale
New
$750,000
An accessible clinic configuration combines patient reception, exam rooms, private offices, and support areas.
Property Size2,181 SF
Price / SF$343.88
Days on Market5
Property Features for 2000 GRANT AVE #103 103
General Information
Standard status
Size
Site & Location
Neighborhood
Additional Details
Floor
Property Use
Building Details
Year Built
Tenancy
Listing Agency:
Long & Foster Real Estate, Inc.
Listed By:
Francis J Emig · License PA RS289586
(610) 225-7400
Source:
360
Added: Nov 6
Changed: Nov 9
Last Checked: Nov 8 at 5:43AM
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.
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Investment Insights
Based on property information with market context.
Offering approximately 2,181 SF, this medical-office condominium is on the first floor of a multi-tenant healthcare building in Philadelphia. The suite has an ADA-accessible layout with three exam rooms, several private offices, a waiting and reception area, two restrooms, a break room, and storage and support space. The building was constructed in 2010.
The suite is being offered in its current condition, with some finishes and improvements available for customization. The property is available for either purchase or lease.
The suite is being offered in its current condition, with some finishes and improvements available for customization. The property is available for either purchase or lease.
Key Highlights
- Approximately 2,181 SF medical‑office condominium
- First‑floor suite in a multi‑tenant healthcare building constructed in 2010
- ADA‑accessible layout with 3 exam rooms and multiple private offices
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,701
Cap Rate
3.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$574,020
$574.0K
Cap Rate 7%
$410,014
$410.0K
Cap Rate 9%
$318,900
$318.9K
Market Conditions
NOI Build-Up for 2,181 SF
Gross rent
$47.9K $21.96/SF
− Vacancy
−$9.6K −$4.41/SF
EGI
$38.3K $17.55/SF
− OpEx
−$9.6K −$4.39/SF
NOI
$28.7K $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%
$574,020
Cap Rate 7%
$410,014
Cap Rate 9%
$318,900
Alternative Uses
Best Use
Office B
$410.0K
$358.8K – $478.4K
NOI $28,701 @ 7.0% cap · market cap 3.83%
Second Best
Healthcare Medical
$403.8K
$353.3K – $471.1K
NOI $28,266 @ 7.0% cap · market cap 3.77%
Theoretical Best
Multifamily LT 5
$531.7K
$465.2K – $620.3K
NOI $37,219 @ 7.0% cap · market cap 4.96%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
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
$330,500
Median Home Value
Market
Average Price Trend$/SF for Medical Office Space in Philadelphia, PA
Properties on Market for Medical Office Space in Philadelphia
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 - An accessible clinic configuration combines patient reception, exam rooms, private offices, and support areas.
Where is this medical office space located?
The property is located at 2000 GRANT AVE #103 103 Philadelphia, PA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Approximately 2,181 SF medical‑office condominium; First‑floor suite in a multi‑tenant healthcare building constructed in 2010; ADA‑accessible layout with 3 exam rooms and multiple private offices
