Absolute NNN Medical Office
866 W Bristol Rd Warminster, PA 18974
For Sale
Contact for pricing
Two freestanding medical office buildings with absolute NNN structure and immediate income from a long-term tenant.
Property Size7,665 SF
Lot Size3.50 Acres
Price / SF$267.45
Days on Market489
Property Features for 866 W Bristol Rd
General Information
Standard status
Active
Size
7,665 SF
Lot size
3.50 Acres
Property subtype
OFFICE
Listing Agency:
SVN | Ahia
(267) 981-9110
Listed By:
Chichi E. Ahia, SIOR · License #RS293807
(267) 981-9110
Source:
Moodyscre
Added: Mar 26, 2025
Changed: Jul 25
Last Checked: Jul 27 at 12:17PM
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 SVN | Ahia
Investment Insights
Based on property information with market context.
This offering includes two freestanding medical office buildings under an absolute NNN lease structure. The combined building area is approximately 7,665 square feet (±), situated on about 3.5 acres of land (±). The property is presented as an income-producing investment with immediate income from an existing long-term tenant, and the lease structure is described as requiring no landlord responsibilities throughout the term.
Located at 866 W Bristol Rd in Warminster, Pennsylvania, the property is positioned near populated residential neighborhoods. Access to major connecting routes is described as convenient, with York Rd, Street Rd, and Jacksonville Rd minutes away.
The offering is presented for sale with a target 7% CAP rate, supported by the existing long-term tenancy and the stated absolute NNN structure.
Located at 866 W Bristol Rd in Warminster, Pennsylvania, the property is positioned near populated residential neighborhoods. Access to major connecting routes is described as convenient, with York Rd, Street Rd, and Jacksonville Rd minutes away.
The offering is presented for sale with a target 7% CAP rate, supported by the existing long-term tenancy and the stated absolute NNN structure.
Key Highlights
- Medical office investment with absolute NNN lease structure
- Immediate income from an existing long‑term tenant
- Two freestanding medical office buildings with a combined 7,665 SF ± building area
Financial Insights For Office B
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 | $199.6k | $26.04 |
| − Vacancy | −$38.9k | −$5.08 |
| EGI | $160.7k | $20.96 |
| − OpEx | −$40.2k | −$5.24 |
| NOI | $120.5k | $15.72 |
7,665 SF · lease $26.04/SF/yr · vacancy 19.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.72M
$1.51M – $2.01M
NOI $120,506 @ 7.0% cap · market cap 5.88%
Second Best
Healthcare Medical
$1.51M
$1.33M – $1.77M
NOI $106,044 @ 7.0% cap · market cap 5.17%
Theoretical Best
Office A
$2.32M
$2.03M – $2.71M
NOI $162,677 @ 7.0% cap · market cap 7.94%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Medical Office Space - Two freestanding medical office buildings with absolute NNN structure and immediate income from a long-term tenant.
Where is this medical office space located?
The property is located at 866 W Bristol Rd Warminster, PA.
What is the asking price?
The asking price for this property is $2,050,000.
What are key features of this property?
This property features: Medical office investment with absolute NNN lease structure; Immediate income from an existing long‑term tenant; Two freestanding medical office buildings with a combined 7,665 SF ± building area
