Class A Medical Center
520 W ROOSEVELT BOULEVARD Philadelphia, PA 19120
New
520 W ROOSEVELT BOULEVARD, Philadelphia, PA, 19120
$5,495,000
For Sale
$5,495,000
Renovated two-level medical center with extensive exam rooms, reception, and presentation/education space.
Property Size17,000 SF
Price / SF$323.24
Days on Market4
Property Features for 520 W ROOSEVELT BOULEVARD
General Information
- Standard status
- Active
- Size
- 17,000 SF
- Property subtype
- Office
Building Details
- Year Built
- 1970
Listing Agency
RE/MAX Regency Realty
(215) 850-5548
Listed by
Albert Cianfarini · License #RM422505
(215) 850-5548
Source
Xome
Added: Jul 18 Updated: Jul 19 at 2:21 am Checked: Jul 20 at 1:45 am
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 Regency Realty
Investment Insights
Based on property information with market context.
Completely renovated Class A medical center offering a two-level, approximately 17,000-square-foot building designed for clinical operations and support spaces. The interior features a large reception area with three check-in centers, an abundance of examination rooms, and a central medical staff area. Additional improvements include a glass-enclosed conference center, private medical staff offices, and a presentation and education area with 100+ seats. The property also includes a telemarketing center and substantial flex space intended for future expansion.
The building is located in a densely populated area and is serviced by mass transit. On-site systems include a fire sprinkler system, fire and burglar alarms, and video surveillance.
For sale as a renovated medical facility, the seller indicates motivation and will review all reasonable offers.
The building is located in a densely populated area and is serviced by mass transit. On-site systems include a fire sprinkler system, fire and burglar alarms, and video surveillance.
For sale as a renovated medical facility, the seller indicates motivation and will review all reasonable offers.
Key Highlights
- Renovated two‑level medical center with 17,000 SF total building area
- Reception area with 3 check‑in centers and a large number of examination rooms
- Includes a glass‑enclosed conference center, private medical staff offices, and central medical staff area
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $367.2k | $21.60 |
| − Vacancy | −$36.7k | −$2.16 |
| EGI | $330.5k | $19.44 |
| − OpEx | −$132.2k | −$7.78 |
| NOI | $198.3k | $11.66 |
17,000 SF · lease $21.60/SF/yr · vacancy 10.00% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$2.83M
$2.48M – $3.30M
NOI $198,288 @ 7.0% cap · market cap 3.61%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.06M
$3.55M – $4.74M
NOI $284,265 @ 7.0% cap · market cap 5.17%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Christ's Christian Academy
High School
Similar For Sale Nearby
FAQs
What type of property is this?
Medical center - Renovated two-level medical center with extensive exam rooms, reception, and presentation/education space.
Where is this medical center located?
The property is located at 520 W ROOSEVELT BOULEVARD Philadelphia, PA.
What is the asking price?
The asking price for this property is $5,495,000.
What are key features of this property?
This property features: Renovated two‑level medical center with 17,000 SF total building area; Reception area with 3 check‑in centers and a large number of examination rooms; Includes a glass‑enclosed conference center, private medical staff offices, and central medical staff area
