Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
Property profile & analytics

235 Chelten Ave Philadelphia, PA 19144

  • Medical space
  • 15,289 SF
  • 0.51 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US73-0157367
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Davita Kidney Care / Doctor
  • DaVita Wissahickon Dialysis / Dialysis Center / Local Medical Services
  • DaVita Wissahickon At Home / Dialysis Center

Property Details for 235 Chelten Ave

Year built
1985
Lot size
0.51 lot acres
Property size
15,289 SF
Property type
Medical space

Description

This exceptional investment opportunity presents a 15,289 square-foot, single-tenant retail property leased to DaVita Dialysis, a Fortune 500 company. Located at 235 W Chelten Ave, Philadelphia, PA 19144, this property boasts a 13.1-year remaining lease term (expiring 12/31/2037) with three 5-year options, and includes annual 1% rent escalations. The lease is a NNN (triple net) structure, meaning the tenant is responsible for most operating expenses, including property taxes, insurance, and repairs. The landlord's responsibility is limited to building structure, parking lot replacement, and roof replacement; a new roof with a 15-year transferable warranty was installed in 2024. The property sits on a 0.51-acre lot and benefits from high visibility on West Chelten Avenue, with over 10,300 vehicles passing daily. The strong tenant, DaVita, Inc., provides a corporate guarantee, mitigating risk. The property's Net Operating Income (NOI) is $194,183, resulting in a 7.00% capitalization rate. The asking price is $2,774,000 ($181.44 per square foot). This investment offers a secure, long-term income stream in a densely populated area with an average household income exceeding $79,000 within a 5-mile radius. Proximity to major medical centers and national retailers further enhances the property's value. The property is conveniently located near SEPTA's Chestnut Hill West Line.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Philadelphia
County
Philadelphia
State
Pennsylvania
Longitude
-75.179877334394
Latitude
40.030835959226
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message