Class A Medical Center
For Sale
$5,495,000
520 W ROOSEVELT BOULEVARD, Philadelphia, PA 19120
Renovated two-level medical center with extensive exam rooms, reception, and presentation/education space.
Property Size17,000 SF
Price / SF$323.24
Days on Market16
Property Features for 520 W ROOSEVELT BOULEVARD
General Information
Standard status
Active
Size
17,000 SF
Class
A
Property subtype
Office
Additional Details
Sprinkler System
Yes
Building Details
Year Built
1970
Stories
2
Listing Agency:
RE/MAX Regency Realty
(215) 850-5548
Listed By:
Albert Cianfarini · License #RM422505
(215) 850-5548
Source:
Xome
Added: Jul 18
Changed: Jul 19
Last Checked: Jul 28 at 4:07AM
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
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 authorities.
Property Analytics
Current Use
Lease Details
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
1,336
Businesses Nearby
Explore this area
Business Placement
Demographics for 19120, PA
66,177
Population
25,730
Households
2.6
Avg Household Size
35
Median Age
13%
College-Educated
77%
High-School Grad
3.2 sq mi
ZIP Area
20,680
Density / Sq Mi
$51,993
Median Household Income
$32,980
Median Earnings
$1,186
Median Rent
$143,500
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
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
