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Single-Tenant Medical Office Condo
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2137 Welsh Road, Philadelphia, PA 19115

Leased to a pediatric dentistry practice under a new 10-year NNN lease with annual escalations and renewal options.

Property Size2,559 SF
Price / SF$474.79
Days on Market124

Property Features for 2137 Welsh Road

General Information

Standard status Active
Size 2,559 SF
Total Parking Spaces 80
Property subtype Office
Lease Type NNN
Investment Type Sale/Leaseback

Building Details

Year Built 1983
Year Renovated 2015
Tenancy Single
Listing Agency: MSC Retail
Listed By: Jesse Dubrow · License #PA
Source: Crexi
Added: May 7 Changed: Aug 14 Last Checked: Sep 5 at 9:19PM

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 MSC Retail

Investment Insights

Based on property information with market context.

This single-tenant medical office condominium is leased to Kids Choice Pediatric Dentistry and configured for healthcare use. The property is part of a professionally managed medical office condominium association and is described as a low-maintenance, passive investment with zero landlord responsibilities under the current structure of the offering.

The building is positioned at a signalized intersection of Welsh Road and Roosevelt Boulevard, providing strong visibility and access along two heavily traveled corridors with reported traffic counts of 22,344 VPD on Welsh Road and 39,274 VPD on Roosevelt Boulevard.

The lease features a new 10-year NNN term with 2.5% annual rental escalations, along with two (2) five-year renewal options.

Key Highlights

  • Single‑tenant medical office condo built in 1983, leased to Kids Choice Pediatric Dentistry.
  • New 10‑year NNN lease with 2.5% annual rental escalations.
  • Zero landlord responsibilities under the NNN lease structure.

Property Analytics

Current Use

Dr. Gregory Kurman Dental Office Endodontics Limited PC Dental Office Dr. Tania Liao Dental Office Stiven Mitaa Dental Office Dr. Amanda Clemente Dental Office

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Catering Service Grocery & Convenience Store Tanning Salon Restaurant Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,486
Businesses Nearby
Under-served
Demand for This Use

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

14.2% 2019
14.1% 2020
16.2% 2021
19% 2022
20.5% 2023
19.6% 2024
19.7% 2025
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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 - Leased to a pediatric dentistry practice under a new 10-year NNN lease with annual escalations and renewal options.
Where is this medical office space located?
The property is located at 2137 Welsh Road Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,215,000.
What are key features of this property?
This property features: Single‑tenant medical office condo built in 1983, leased to Kids Choice Pediatric Dentistry.; New 10‑year NNN lease with 2.5% annual rental escalations.; Zero landlord responsibilities under the NNN lease structure.
(215) 568-2600 Call to check price and availability
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