401 Horsham Rd Horsham, PA 19044-2013

This exceptional investment opportunity presents a fee-simple ownership of an 8,734 square foot urgent care facility in Horsham, Pennsylvania. The property, built in 2016, boasts a 100% occupancy rate with Liberty Urgent Care under a 15-year NNN lease commencing July 22, 2024, and expiring July 21, 2039. The lease includes two 5-year renewal options, ensuring long-term stability. Rent increases of 5% every three years provide inflation protection and enhance cash flow. The property enjoys a prime location on Horsham Road, near other medical facilities, retail centers, and residential areas, offering excellent visibility and accessibility. The strategic location within the affluent Philadelphia MSA, coupled with a growing demand for urgent care services due to physician shortages and an aging population, makes this a compelling investment. The property's strong financial performance is reflected in its 7.75% cap rate and a current NOI of $294,000. Liberty Urgent Care holds UCAOA accreditation, demonstrating commitment to quality patient care. The tenant's personal guarantee on the lease further strengthens the investment's security. This is a passive investment ideal for out-of-state investors, offering significant long-term returns in a resilient sector of the healthcare industry. The property is conveniently located near major roadways, including the Philadelphia Harrisburg Turnpike, providing easy access for patients and staff. The surrounding area features a high average household income exceeding $100,000 within a one-mile radius and $120,000 within a five-mile radius. The property's asking price is $3,793,548, representing a price per square foot of $434.34.