Shared Medical Office
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For Sale
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940 E HAVERFORD ROAD, Bryn Mawr, PA 19010
Open offices in a physician practice are available for shared use by medical professionals.
Property Size15,000 SF
Price / SF$0.08
Days on Market7
Property Features for 940 E HAVERFORD ROAD
General Information
Standard status
Active
Size
15,000 SF
Property subtype
Commercial
Building Details
Year Built
1980
Listing Agency:
Liberty Real Estate
(215) 625-4725
Listed By:
Richard Q Li · License #RM421130
(267) 767-7612
Source:
Cummingsrealtors
Added: Oct 15
Changed: Oct 21
Last Checked: Oct 20 at 10:59PM
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 Liberty Real Estate
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Investment Insights
Based on property information with market context.
A 15,000-square-foot medical office building, constructed in 1980, includes several offices available for shared occupancy within an existing physician practice. The space is offered for use by other doctors or chiropractors.
The property is at 940 E Haverford Road in Bryn Mawr, Pennsylvania.
The property is at 940 E Haverford Road in Bryn Mawr, Pennsylvania.
Key Highlights
- Several offices available for shared use
- Existing physician practice
- 15,000‑square‑foot property built in 1980
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$213,856
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,277,120
$4.3M
Cap Rate 7%
$3,055,086
$3.1M
Cap Rate 9%
$2,376,178
$2.4M
Market Conditions
NOI Build-Up for 15,000 SF
Gross rent
$387.0K $25.80/SF
− Vacancy
−$30.6K −$2.04/SF
EGI
$356.4K $23.76/SF
− OpEx
−$142.6K −$9.50/SF
NOI
$213.9K $14.26/SF
Area
Delaware County, PA
Vacancy
7.90%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,277,120
Cap Rate 7%
$3,055,086
Cap Rate 9%
$2,376,178
Alternative Uses
Best Use
Office B
$3.51M
$3.07M – $4.10M
NOI $245,916 @ 7.0% cap · market cap 19,673.28%
Second Best
Healthcare Medical
$3.06M
$2.67M – $3.56M
NOI $213,856 @ 7.0% cap · market cap 17,108.48%
Theoretical Best
Office A
$4.55M
$3.98M – $5.31M
NOI $318,349 @ 7.0% cap · market cap 25,467.92%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
2,125
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 19010, PA
21,270
Population
8,520
Households
2.5
Avg Household Size
38
Median Age
77%
College-Educated
98%
High-School Grad
8.5 sq mi
ZIP Area
2,502
Density / Sq Mi
$143,986
Median Household Income
$61,732
Median Earnings
$1,890
Median Rent
$788,700
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Similar Off Market Nearby
- Haverford Animal Hospital — 517 Lancaster Ave, Haverford, PA 19041
- Bryn Mawr Veterinary Hospital: Hayes Felicia P DVM — 18 N Merion Ave, Bryn Mawr, PA 19010
- Bryn Mawr Veterinary Hospital — 18 N Merion Ave, Bryn Mawr, PA 19010
- Bryn Mawr Veterinary Hospital: Cantner Steven A DVM — 18 N Merion Ave, Bryn Mawr, PA 19010
- Greenamyer Judith J DVM — 18 N Merion Ave, Bryn Mawr, PA 19010
Frequently Asked Questions
What type of property is this?
Medical Office Space - Open offices in a physician practice are available for shared use by medical professionals.
Where is this medical office space located?
The property is located at 940 E HAVERFORD ROAD Bryn Mawr, PA.
What are key features of this property?
This property features: Several offices available for shared use; Existing physician practice; 15,000‑square‑foot property built in 1980
