812 Easton Rd Doylestown, PA 18902-1063

Property Details for 812 Easton Rd

Year built

1946

Lot size

1.84 lot acres

Property size

25,751 SF

Zone code

C2

Property type

Commercial real estate

APN

34-023-002

APU

34023002

Description

This fee-simple condo retail property, located at 812 N Easton Rd, Suite 8, Doylestown, PA 18901, offers a compelling investment opportunity. The 3,812 square foot building, constructed in 1982, boasts a strong 8.50% cap rate and a Net Operating Income (NOI) of $114,581, with an asking price of $1,348,012 ($30/sq ft). The property is currently leased to a dental support organization, providing a resilient healthcare investment resistant to economic downturns and e-commerce trends. The lease includes annual rent increases of 2%-2.5%, offering an inflationary hedge and growing cash flow. The tenant's investment in the location, coupled with the affluent demographics (5-mile population exceeding 72,000 with incomes over $152,000), ensures long-term stability. The strategic location on a high-traffic road (over 8,000 vehicles per day) and proximity to numerous national retailers and a Giant-anchored shopping center further enhances its appeal. The tenant, a rapidly expanding dental support organization with 90+ locations across seven states, benefits from a streamlined expansion model. The dental market's projected growth (7.4% CAGR from 2022-2029) and its substantial size ($176 billion industry) contribute to the property's long-term value. This property presents a passive investment opportunity with minimal landlord responsibilities.

Location Insight

City

Doylestown

County

Bucks

State

Pennsylvania

Longitude

-75.1299

Latitude

40.3332

CBSA code

37980

CBSA name

PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments