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North Wales, PA - Medical Office 212 N Main St 11,160 SF Office Building North Wales, PA 19454 $1,794,611 CAD ($160.81 CAD/SF)
Investment Highlights
- Entire 3rd floor (5,719 SF) leased to Jefferson Health. Serving as the building's primary anchor tenant.
- 2.9 miles from Interstate-476. 2.7 miles from Pennsylvania Route-309. Convenient access throughout the greater Philadelphia region.
- North Wales Septa Train Station is a 5 minute walk from building. This station is a 35 minute train ride to Center City Philadelphia.
- 6-years of remaining lease term. Medical fit-out completed in 2022. Significant tenant investment and long-term commitment to the location.
- Average household income of $149,974 and population of 152,409 within a 5-mile radius. Creating local demand for medical/office space.
Executive Summary
The property is anchored by a nationally recognized healthcare provider on a long-term lease with Jefferson Health, which occupies the entire third floor. The remaining space within the building offers a highly attractive owner-user or value-add investment opportunity. The second floor is currently occupied by multiple tenants on flexible month-to-month agreements, allowing a new owner to tailor the tenancy to their specific strategy-whether by occupying the space, executing new leases at market rates, or repositioning the asset to maximize income.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
11,160 SF
Building Class
B
Year Built/Renovated
1990/2022
Price
$1,794,611 CAD
Price Per SF
$160.81 CAD
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,580 SF
Slab To Slab
14’
Building FAR
0.85
Lot Size
0.30 AC
Zoning
OR - Office Professional Medical
Parking
44 Spaces (3.94 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Commuter Rail
- Signage
- Central Heating
- Reception
- Wi-Fi
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
- 2nd Floor
- 5,441 SF
- Office/Medical
- Partial Build-Out
- Now
- 2nd Floor
- 28 SF
- Office/Medical
- Partial Build-Out
- 30 Days
| Space | Size | Space Use | Build-Out | Available |
| 2nd Floor | 5,441 SF | Office/Medical | Partial Build-Out | Now |
| 2nd Floor | 28 SF | Office/Medical | Partial Build-Out | 30 Days |
2nd Floor
| Size |
| 5,441 SF |
| Space Use |
| Office/Medical |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
2nd Floor
| Size |
| 28 SF |
| Space Use |
| Office/Medical |
| Build-Out |
| Partial Build-Out |
| Available |
| 30 Days |
1 1
Fairly walkable
50/100
Moderately drivable
60/100
Good public transit
60/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 14-00-01492-006 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $974,543 CAD |
Property Taxes
Parcel Number
14-00-01492-006
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$974,543 CAD
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North Wales, PA - Medical Office | 212 N Main St
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