For Sale
$799,081

803 Mountain Home Rd Sinking Spring, PA 19608

Medical office building, strong tenant, high ROI.

Overview

Added:
Dec 11, 2024
Days on market:
126

Highlights

  • Investment-grade medical office building leased to Smile Brands Inc., a major dental support organization.
  • High-visibility location on Benjamin Franklin Highway (126,000+ VPD) ensures strong patient access.
  • Strong, creditworthy tenant with a long-term lease (expires 9/30/2029, with two 5-year options) including 7.5% annual rent increases.
  • Below replacement cost offering at $161/SF, generating a 9.25% cap rate and $73,915 NOI.
  • Attractive demographics: Over 1,100,000 population within a 5-mile radius, with average incomes exceeding $118,705.
  • Resilient healthcare investment, resistant to economic downturns.

Property Details for 803 Mountain Home Rd

Property type
Office properties, Medical offices
Year Built
1985
Lot Size (sq. ft)
16,553 SF

Location Insight

City
Sinking Spring
County
Berks
State
Pennsylvania
Latitude
40.3196699
Longitude
-76.0281753
803 Mountain Home Rd, Sinking Spring, Pennsylvania
Leaflet | © OpenStreetMap contributors

FAQs

What type of property is this?
Office property - Medical office building, strong tenant, high ROI.
Where is the office property located?
The property is located at 803 Mountain Home Rd Sinking Spring, PA.
What is the asking price?
The asking price for this property is $799,081.
What are key features of this property?
This property features: Investment-grade medical office building leased to Smile Brands Inc., a major dental support organization.; High-visibility location on Benjamin Franklin Highway (126,000+ VPD) ensures strong patient access.; Strong, creditworthy tenant with a long-term lease (expires 9/30/2029, with two 5-year options) including 7.5% annual rent increases.
How can I contact the broker?
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803 Mountain Home Rd
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