Leased Medical Office
For Sale
$899,999
210-2901 Dutton Mill Rd, Aston, PA
Fully occupied condominium space with a renewing pediatric dental practice and expense reimbursement structure.
Property Size3,900 SF
Price / SF$230.77
Days on Market320
Property Features for 210-2901 Dutton Mill Rd
General Information
Standard status
Active
Size
3,900 SF
Occupancy
100%
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$21,895
Building Details
Tenancy
Single
Owner Occupied
No
Listing Agency:
RE/MAX Ready
(267) 212-3034
Listed By:
William Coates · License #RS347167
(267) 212-3034
Source:
Exprealty
Added: Oct 16, 2025
Changed: Aug 30
Last Checked: Aug 30 at 8:11PM
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 RE/MAX Ready
Investment Insights
Based on property information with market context.
This 3,900 SF medical office condominium is fully leased to an established regional pediatric dental practice that has operated at the property since 2016. The tenant has exercised a renewal option, and the lease provides for annual rental increases along with reimbursement of many operating expenses.
The property is part of Dutton Mill Professional Center in Aston, Pennsylvania, with access to Routes 452 and 322, I-95, and surrounding Delaware County population centers. Its medical-office configuration and established tenancy provide a straightforward investment profile for buyers evaluating leased healthcare real estate.
The property is part of Dutton Mill Professional Center in Aston, Pennsylvania, with access to Routes 452 and 322, I-95, and surrounding Delaware County population centers. Its medical-office configuration and established tenancy provide a straightforward investment profile for buyers evaluating leased healthcare real estate.
Key Highlights
- 3,900 SF medical office condominium
- Fully leased to an established regional pediatric dental practice
- Tenant has operated at the property since 2016
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$63,938
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.10%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,278,760
$1.3M
Cap Rate 7%
$913,400
$913.4K
Cap Rate 9%
$710,422
$710.4K
Market Conditions
NOI Build-Up for 3,900 SF
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.
Gross rent
$103.0K $26.40/SF
− Vacancy
−$17.7K −$4.54/SF
EGI
$85.3K $21.86/SF
− OpEx
−$21.3K −$5.46/SF
NOI
$63.9K $16.39/SF
Area
Delaware County, PA
Vacancy
17.20%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,278,760
Cap Rate 7%
$913,400
Cap Rate 9%
$710,422
Alternative Uses
Best Use
Office B
$913.4K
$799.2K – $1.07M
NOI $63,938 @ 7.0% cap · market cap 7.10%
Second Best
Healthcare Medical
$794.3K
$695.0K – $926.7K
NOI $55,603 @ 7.0% cap · market cap 6.18%
Theoretical Best
Office A
$1.18M
$1.03M – $1.38M
NOI $82,771 @ 7.0% cap · market cap 9.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
235
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Fully occupied condominium space with a renewing pediatric dental practice and expense reimbursement structure.
Where is this medical office space located?
The property is located at 210-2901 Dutton Mill Rd Aston, PA.
What is the asking price?
The asking price for this property is $899,999.
What are key features of this property?
This property features: 3,900 SF medical office condominium; Fully leased to an established regional pediatric dental practice; Tenant has operated at the property since 2016
