First-Floor Medical Office
For Sale
$1,999,000
2000 GRANT AVENUE Unit 101, Philadelphia, PA 19115
Single medical suite on the first floor with surgical offices and prep rooms.
Property Size6,564 SF
Price / SF$309.20
Days on Market270
Property Features for 2000 GRANT AVENUE Unit 101
General Information
Standard status
Active
Size
6,564 SF
Property subtype
Special Purpose
Taxes and HOA fees
Annual Taxes
$13,873
Building Details
Building Size
6,564 SF
Year Built
2010
Tenancy
Single
Listing Agency:
Long & Foster Real Estate, Inc.
Listed By:
Francis J Emig · License #RS289586
(610) 225-7400
Source:
Lizclarkrealestate
Added: Jan 21
Changed: Oct 13
Last Checked: Oct 16 at 3:31PM
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 offering is an existing single medical unit located on the first floor of an established Surgical Center. The suite is configured with existing surgical offices, prep rooms, and miscellaneous related interior medical furniture and equipment, allowing an immediate foundation for healthcare operations.
Situated in a densely populated area, the property benefits from visibility and day-to-day traffic generated by surrounding residential and commercial activity. The unit’s placement within the Surgical Center provides continuity of a dedicated healthcare setting.
For buyers or tenants seeking a turn-key starting point for a medical practice, the current interior layout supports both patient-facing spaces and back-of-house prep needs. The presence of existing offices and prep rooms can reduce early buildout work compared with a raw space. The unit is offered for sale or lease, providing flexibility for organizations planning new space within an operational medical environment.
Situated in a densely populated area, the property benefits from visibility and day-to-day traffic generated by surrounding residential and commercial activity. The unit’s placement within the Surgical Center provides continuity of a dedicated healthcare setting.
For buyers or tenants seeking a turn-key starting point for a medical practice, the current interior layout supports both patient-facing spaces and back-of-house prep needs. The presence of existing offices and prep rooms can reduce early buildout work compared with a raw space. The unit is offered for sale or lease, providing flexibility for organizations planning new space within an operational medical environment.
Key Highlights
- First‑floor single medical suite in the existing Surgical Center on Grant Avenue in Philadelphia, PA
- 6465 SF medical unit with existing surgical offices and prep rooms
- Includes related interior medical furniture and equipment
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
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,642
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Philadelphia, PA
Similar Off Market Nearby
- Petco Vaccination Clinic — 9717 Roosevelt Blvd, Philadelphia, PA 19114
- Boulevard Animal Hospital — 1913 Grant Ave, Philadelphia, PA 19115
Frequently Asked Questions
What type of property is this?
Medical Office Space - Single medical suite on the first floor with surgical offices and prep rooms.
Where is this medical office space located?
The property is located at 2000 GRANT AVENUE Unit 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: First‑floor single medical suite in the existing Surgical Center on Grant Avenue in Philadelphia, PA; 6465 SF medical unit with existing surgical offices and prep rooms; Includes related interior medical furniture and equipment
