Fully Built Medical Office
For Sale
Contact for pricing
2100 Spring Garden Street, Philadelphia, PA 19130
Recently finished, fully built-out medical office space on the 3rd floor with elevator access and on-site parking.
Property Size5,500 SF
Price / SF$0.01
Days on Market116
Property Features for 2100 Spring Garden Street
General Information
Standard status
Active
Size
5,500 SF
Class
B
Property subtype
Office
Zoning
CMX-4
Lease Term
NNN
Additional Details
Highway Access
Yes
Building Details
Stories
3
Properties For Sale
at 2100 Spring Garden Street
2100 Spring Garden Street
Size
5,500 SF
Type
Medical
Term
negotiable
Listing Agency:
Mallin Panchelli Nadel Realty Inc
Listed By:
Veronica Blum · License #RS290724
(267) 238-1728
Source:
Mpnrealty
Added: Jun 25
Changed: Oct 4
Last Checked: Oct 16 at 6:54AM
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 Mallin Panchelli Nadel Realty 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.
Approx. 2,500–5,500 SF of recently finished, fully built-out medical office space is available for sale. The space is located on the 3rd floor and is elevator accessed. An on-site parking garage supports tenant and patient access.
The property is positioned on a signalized corner of 21st and Spring Garden and sits above Philadelphia’s newest Goddard School, an early learning facility. The surrounding area includes established retail nearby, with Target, Whole Foods, and WaWa all within about one block. The site provides easy access to Center City, I-76, I-676, and the Benjamin Franklin Bridge.
With CMX-4 zoning, this move-in-ready suite is well suited for a medical office operator seeking a built-out environment rather than a ground-up improvement timeline. The elevator-served third-floor location and on-site parking garage can help accommodate both staff and day-to-day patient visits. Available size ranges allow flexibility for different medical practice footprints within the same finished configuration.
The property is positioned on a signalized corner of 21st and Spring Garden and sits above Philadelphia’s newest Goddard School, an early learning facility. The surrounding area includes established retail nearby, with Target, Whole Foods, and WaWa all within about one block. The site provides easy access to Center City, I-76, I-676, and the Benjamin Franklin Bridge.
With CMX-4 zoning, this move-in-ready suite is well suited for a medical office operator seeking a built-out environment rather than a ground-up improvement timeline. The elevator-served third-floor location and on-site parking garage can help accommodate both staff and day-to-day patient visits. Available size ranges allow flexibility for different medical practice footprints within the same finished configuration.
Key Highlights
- Recently finished, fully built‑out medical office space totaling approx. 2,500–5,500 SF
- 3rd‑floor suite with elevator access
- On‑site parking garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$71,280
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,425,600
$1.4M
Cap Rate 7%
$1,018,286
$1.0M
Cap Rate 9%
$792,000
$792.0K
Market Conditions
NOI Build-Up for 5,500 SF
Gross rent
$132.0K $24.00/SF
− Vacancy
−$13.2K −$2.40/SF
EGI
$118.8K $21.60/SF
− OpEx
−$47.5K −$8.64/SF
NOI
$71.3K $12.96/SF
Area
Philadelphia, PA
Vacancy
10.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,425,600
Cap Rate 7%
$1,018,286
Cap Rate 9%
$792,000
Alternative Uses
Best Use
Office B
$1.03M
$904.7K – $1.21M
NOI $72,377 @ 7.0% cap · market cap 241,256.67%
Second Best
Healthcare Medical
$1.02M
$891.0K – $1.19M
NOI $71,280 @ 7.0% cap · market cap 237,600.00%
Theoretical Best
Multifamily LT 5
$1.34M
$1.17M – $1.56M
NOI $93,857 @ 7.0% cap · market cap 312,856.67%
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
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
5,478
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 19130, PA
31,477
Population
18,178
Households
1.7
Avg Household Size
34
Median Age
78%
College-Educated
98%
High-School Grad
1.2 sq mi
ZIP Area
26,231
Density / Sq Mi
$110,436
Median Household Income
$76,051
Median Earnings
$1,836
Median Rent
$483,500
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
- Community Veterinary Partners — 100 N 20th St #305, Philadelphia, PA 19103
- Art City Vets & Urgent Care — Condo, 2001 Hamilton St #1, Philadelphia, PA 19130
- Art City Vets Wellness Center — 2000 Hamilton St Suite 109, Philadelphia, PA 19130
- Thrive Pet Healthcare Spring Garden — 1800 Spring Garden St, Philadelphia, PA 19130
- The Cat Doctor — 535 N 22nd St, Philadelphia, PA 19130
Frequently Asked Questions
What type of property is this?
Medical Office Space - Recently finished, fully built-out medical office space on the 3rd floor with elevator access and on-site parking.
Where is this medical office space located?
The property is located at 2100 Spring Garden Street Philadelphia, PA.
What are key features of this property?
This property features: Recently finished, fully built‑out medical office space totaling approx. 2,500–5,500 SF; 3rd‑floor suite with elevator access; On‑site parking garage
