Absolute NNN Medical
For Sale
Contact for pricing
3645 N Front St, Philadelphia, PA 19134
A pediatric facility carries an absolute NNN lease with scheduled increases and no landlord responsibilities.
Property Size30,000 SF
Price / SF$650
Days on Market85
Property Features for 3645 N Front St
General Information
Standard status
Active
Size
30,000 SF
Property subtype
OFFICE
Occupancy
100%
Site & Location
Neighborhood
Kensington
Building Details
Buildings
1
Tenancy
Single
Owner Occupied
No
Listing Agency:
SRS Real Estate Partners | McLean
(202) 925-4205
Listed By:
Andrew Fallon · License #RSR006585
(202) 286-1542
Source:
Moodyscre
Added: Aug 6
Changed: Oct 25
Last Checked: Oct 28 at 7:58AM
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 SRS Real Estate Partners | McLean
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Investment Insights
Based on property information with market context.
This 30,000-square-foot medical property at 3645 N Front St in Philadelphia is occupied by St. Christophers Pediatrics under an absolute NNN lease. The fee simple offering includes both the land and building, while the lease structure assigns landlord responsibilities away from ownership. More than 16 years remain on the term, with contractual rent increases scheduled every 5 years.
The tenancy is held by a joint venture between Tower Health and Drexel University. The property is structured as a CTL-financed, Zero Cash Flow investment and includes a paydown/readvance feature. The combination of long-term occupancy, scheduled escalations, and an absolute NNN structure provides clearly defined lease economics for ownership.
The tenancy is held by a joint venture between Tower Health and Drexel University. The property is structured as a CTL-financed, Zero Cash Flow investment and includes a paydown/readvance feature. The combination of long-term occupancy, scheduled escalations, and an absolute NNN structure provides clearly defined lease economics for ownership.
Key Highlights
- 30,000 square feet occupied by St. Christophers Pediatrics
- Absolute NNN lease with no landlord responsibilities
- Over 16 years remaining on the lease term
Property Analytics
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Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,267
Businesses Nearby
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Business Placement
Demographics for 19134, PA
57,463
Population
25,290
Households
2.3
Avg Household Size
33
Median Age
18%
College-Educated
77%
High-School Grad
3.4 sq mi
ZIP Area
16,901
Density / Sq Mi
$41,849
Median Household Income
$35,858
Median Earnings
$1,179
Median Rent
$127,500
Median Home Value
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Market
Vacancy Rate% for Office in Philadelphia, PA
Frequently Asked Questions
What type of property is this?
NNN property - A pediatric facility carries an absolute NNN lease with scheduled increases and no landlord responsibilities.
Where is this nnn property located?
The property is located at 3645 N Front St Philadelphia, PA.
What is the asking price?
The asking price for this property is $19,500,000.
What are key features of this property?
This property features: 30,000 square feet occupied by St. Christophers Pediatrics; Absolute NNN lease with no landlord responsibilities; Over 16 years remaining on the lease term
