Multi-Tenant Medical Office
For Sale
Contact for pricing
534 Second Ave, Collegeville, PA 19426
Fully leased healthcare property with four established occupants and NNN lease structures.
Property SizeContact for details
Days on Market40
Property Features for 534 Second Ave
General Information
Standard status
Active
Property subtype
OFFICE
Occupancy
100%
Building Details
Tenancy
Multi
Listing Agency:
Forged Real Estate
(610) 608-2621
Listed By:
Marco DiPrinzio · License #327764
(610) 608-2621
Source:
Moodyscre
Added: Jul 23
Changed: Aug 30
Last Checked: Aug 30 at 3:24PM
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 Forged Real Estate
Investment Insights
Based on property information with market context.
This medical office condominium in Collegeville, Pennsylvania, is fully leased to four healthcare tenants. Jefferson University Radiology Associates, affiliated with Jefferson Health, anchors the property, while Labcorp occupies 3,000 square feet. More than 60% of the building is leased to investment-grade occupants, including tenants carrying Moody’s A3 and Standard & Poor’s BBB credit ratings. All four leases are structured as NNN arrangements with operating expense and CAM reimbursements. The tenants have operated at this location for an average of more than 11 years, with the longest tenure exceeding 15 years.
The property fronts East 2nd Avenue with direct visibility to approximately 25,600 VPD. It shares a parking lot with TD Bank and sits next to Wawa, Truist Bank, FedEx Shipping, and The Malvern School & Child Care Center. The site is positioned between the Marketplace of Collegeville, anchored by Redner’s Warehouse Markets, and Providence Town Center, anchored by Wegmans. The Bridge at Collegeville is less than two miles away, while Ursinus College is located less than one mile from the property.
The property fronts East 2nd Avenue with direct visibility to approximately 25,600 VPD. It shares a parking lot with TD Bank and sits next to Wawa, Truist Bank, FedEx Shipping, and The Malvern School & Child Care Center. The site is positioned between the Marketplace of Collegeville, anchored by Redner’s Warehouse Markets, and Providence Town Center, anchored by Wegmans. The Bridge at Collegeville is less than two miles away, while Ursinus College is located less than one mile from the property.
Key Highlights
- 100% leased multi‑tenant medical office building condominium
- Four healthcare tenants with an average operating history exceeding 11 years at this location
- Over 60% of building square footage occupied by investment‑grade tenants
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
45
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 19426, PA
43,541
Population
14,136
Households
3.1
Avg Household Size
40
Median Age
53%
College-Educated
93%
High-School Grad
34.0 sq mi
ZIP Area
1,281
Density / Sq Mi
$151,030
Median Household Income
$62,482
Median Earnings
$1,932
Median Rent
$471,200
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Fully leased healthcare property with four established occupants and NNN lease structures.
Where is this medical office space located?
The property is located at 534 Second Ave Collegeville, PA.
What is the asking price?
The asking price for this property is $5,316,000.
What are key features of this property?
This property features: 100% leased multi‑tenant medical office building condominium; Four healthcare tenants with an average operating history exceeding 11 years at this location; Over 60% of building square footage occupied by investment‑grade tenants
