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501 Street Rd Southampton, PA 18966

Sponsored
For Sale
$2,250,000

High-yield, multi-tenant medical office complex.

Property size:
12,640 SF

Description

Added:
Dec 11, 2024
Days on Market:
391
This exceptional investment opportunity presents a 12,640 square foot, 95% occupied medical and traditional office building situated on a 0.76-acre lot in Southampton, Pennsylvania. The Class B property, built in 1953 and renovated in 2010, features two buildings with two stories each, housing six units and five tenants. The property boasts a strong 6.55% cap rate with a Net Operating Income (NOI) of $147,458, and an asking price of $2,250,000 ($178.01 per square foot). The tenant mix includes a diverse range of businesses, providing investment diversification and resilience. A significant strength is a recently signed seven-year lease (with options) by a prominent recovery services tenant. The property benefits from a prime location on Street Road, near Route 232, with high traffic counts (22,489 vehicles per day). Amenities include ample parking (40 spaces per 1,000 sq ft). The lease structure is modified, with corporate guarantees in place for tenant credit. The building is well-maintained, with no deferred maintenance, and the roof and structure are the landlord's responsibility. Conveniently located near major roadways, including I-95 and the PA Turnpike, and within 45 minutes of Trenton Mercer Airport and Philadelphia International Airport. This is a compelling investment opportunity with significant upside potential.

Property Features for 501 Street Rd

General Information

Property type
Medical offices
Square Feet
12,640 SF
Class
B
Lot Size
33,106 SF

Building Details

Year Built/Renovated
1953/2010
Buildings
2
Stories
2
Units
6

HighLights

  • Excellent investment opportunity with a medical tenant under a new 7‑year lease including a 5‑year option.
  • Strong tenant mix offering recession‑resistant diversification.
  • Property is in excellent condition with no deferred maintenance.
  • High‑traffic location on Street Road, near Route 232 (2nd Street Pike).
  • High daily traffic counts of 22,489 vehicles.
  • Significant upside potential with below‑market rents on most leases.
Property Profile Location Intelligence

Current Use by Public Records

Emotional Harmony, LLC Counselor Suburban Solutions Moving ... Mover Christina Young-Mi Young ... Internist Laura Butterwick Internist Chaset Pc Medical Clinic

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Southampton
County
Bucks
State
Pennsylvania
Longitude
-75.047836435
Latitude
40.17687505138

FAQs

What type of property is this?
Medical office - High-yield, multi-tenant medical office complex.
Where is this medical office located?
The property is located at 501 Street Rd Southampton, PA.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: Excellent investment opportunity with a medical tenant under a new 7-year lease including a 5-year option.; Strong tenant mix offering recession-resistant diversification.; Property is in excellent condition with no deferred maintenance.
More about this property
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