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2137 Welsh Rd 2,559 SF Office Building Philadelphia, PA 19115 $1,660,662 CAD ($648.95 CAD/SF) 7% Cap Rate
Investment Highlights
- Positioned at the signalized intersection of Roosevelt Blvd (39,274 VPD) and Welsh Road (22,344 VPD), offering excellent visibility within a well-esta
- New 10-year NNN lease with 2.5% annual rent escalations, zero landlord responsibilities, and two (2) five-year renewal options.
- NNN lease within a professionally managed medical office condominium association, providing a stable, low-maintenance investment opportunity.
- Located in Northeast Philadelphia, serving a population of approximately 220,000 residents within a 3-mile radius, with average household incomes exce
- Kids Choice Pediatric Dentistry is a long-standing operator with strong practice performance and a proven presence in the market.
Executive Summary
MSC Retail is pleased to exclusively present a single-tenant investment
opportunity leased to Kids Choice Pediatric Dentistry, an established and
well-performing pediatric dental practice with a strong presence in the
Northeast Philadelphia market.
The asset is a medical office condominium strategically positioned at
the signalized intersection of Welsh Road (22,344 VPD) and Roosevelt
Boulevard (39,274 VPD), offering exceptional visibility and access along
one of Philadelphia’s primary commercial corridors, providing strong
regional connectivity throughout Northeast Philadelphia.
Situated within one of the city’s most densely populated and established
residential submarkets, the property benefits from a robust demographic
profile, serving approximately 220,000 residents within a 3-mile radius and
average household incomes exceeding $97,000—supporting long-term
healthcare demand and tenancy stability.
Kids Choice Pediatric Dentistry is a long-standing operator with a proven
track record at this location, demonstrating consistent patient demand,
strong operating performance, and deep-rooted community presence.
The offering features a new 10-year, NNN lease with 2.5% annual rental
escalations, zero landlord responsibilities, and two (2) five-year renewal
options, delivering a passive, low-maintenance investment within a
professionally managed medical office condominium association.
opportunity leased to Kids Choice Pediatric Dentistry, an established and
well-performing pediatric dental practice with a strong presence in the
Northeast Philadelphia market.
The asset is a medical office condominium strategically positioned at
the signalized intersection of Welsh Road (22,344 VPD) and Roosevelt
Boulevard (39,274 VPD), offering exceptional visibility and access along
one of Philadelphia’s primary commercial corridors, providing strong
regional connectivity throughout Northeast Philadelphia.
Situated within one of the city’s most densely populated and established
residential submarkets, the property benefits from a robust demographic
profile, serving approximately 220,000 residents within a 3-mile radius and
average household incomes exceeding $97,000—supporting long-term
healthcare demand and tenancy stability.
Kids Choice Pediatric Dentistry is a long-standing operator with a proven
track record at this location, demonstrating consistent patient demand,
strong operating performance, and deep-rooted community presence.
The offering features a new 10-year, NNN lease with 2.5% annual rental
escalations, zero landlord responsibilities, and two (2) five-year renewal
options, delivering a passive, low-maintenance investment within a
professionally managed medical office condominium association.
Property Facts
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
2,559 SF
Building Class
B
Year Built
2010
Price
$1,660,662 CAD
Price Per SF
$648.95 CAD
Cap Rate
7%
NOI
$116,246 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,559 SF
Slab To Slab
8’
Building FAR
0.08
Lot Size
0.71 AC
Zoning
CMX2 - Allows for a variety of uses, including medical office by right
Parking
83 Spaces (32.43 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Controlled Access
- Partitioned Offices
- Air Conditioning
Moderately walkable
60/100
Very drivable
80/100
Good public transit
60/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $973,599 CAD | |
| Land Assessment | $243,400 CAD | Total Assessment | $1,216,999 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$243,400 CAD
Improvements Assessment
$973,599 CAD
Total Assessment
$1,216,999 CAD
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2137 Welsh Rd
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