9200 Marshall St Philadelphia, PA 19114

This is a value-add Class ‘C’ medical office building located in Northeast Philadelphia, Philadelphia County, PA, situated off of Roosevelt Blvd (Route 1) & Welsh Road. The property offers approximately 29,600 square feet of space. The building is 75% leased and presents a value-add opportunity through the lease-up of approximately 7,600 square feet of vacancy and the extension of tenants with near-term expirations. The asset features an overall average weighted remaining lease term of 4 years and 2 months, with active discussions underway to renew and extend existing tenancy. The anchor tenant occupies 16,550 square feet and is under lease through 2034, providing long-term income stability. The property currently generates $405,555 in annual income, with a conservatively projected potential income of $516,028, representing a 27% increase in net operating income through vacancy lease-up and property stabilization. This projection is based on achieving market rents for the remaining 7,600 square feet of vacant space under current leasing conditions. The building features regionally recognized and specialty practice medical tenants offering diverse, complimentary medical uses and long-term tenancy. Staggered rent expirations and renewals diminish retaining costs and reduce vacancy exposure.