888 Glenbrook Ave Bryn Mawr, PA 19010

This exceptional medical office building, located at 888 Glenbrook Ave in Bryn Mawr, Pennsylvania, presents a compelling value-add investment opportunity. The property boasts 8,100 square feet of net rentable space, distributed across three units within a two-story building on a 25,000 square foot lot. Completely renovated in 2021, the building features an elevator and is fully ADA compliant, catering to a diverse range of medical tenants. Currently operating at 100% occupancy, with a lease expiration date of September 1st, 2024, this property offers immediate cash flow. The building's Class B designation reflects its well-maintained condition and recent upgrades. The property benefits from a prime location, just one block from Bryn Mawr Hospital and within walking distance of the R-100 train station, ensuring high visibility and convenient access for patients and staff. Additional features include 4,000 square feet of air rights and a triple-net (NNN) lease structure. Financial highlights include an asking price of $2,500,000, a price per square foot of $308.64, and an attractive 8.00% cap rate. The property's strong financial performance is further supported by the 2023 real estate taxes of $25,830 and 2022 operating expenses of approximately $57,221. The building was constructed in 1980 and sits within a commercially zoned area. This is a rare opportunity to acquire a high-performing medical office building in a desirable location with significant upside potential.