2010 Levick St - Medical FOR SALE


Philadelphia, PA 19149- Oxford Circle-Castor
$3,205,300 USD
215-603-6914
2010 Levick St, Philadelphia, PA for Sale
$3,205,300 USD
Medical - FOR SALE
1/4
null | 6.25% Cap Rate

2010 Levick St
Philadelphia, PA 19149
Oxford Circle-Castor


HIGHLIGHTS

  • Concentra Urgent Care has operated at this location for over 30 years, with 9+ years remaining on the current lease
  • Concentra is an investment grade tenant and the lease is corporately guaranteed, providing investors with a stable and reliable income stream
  • Located in a densely populated area with 75,107 residents within a 1-mile radius
  • Mission-Critical location with strong workforce demand
  • This corner parcel at Levick St (6,805 VPD) & Bustleton Ave (15,645 VPD) offers excellent frontage and accessibility to Roosevelt Blvd (70,000+ VPD)
  • According to Placer.ai, this Concentra location ranks in the 77th percentile nationally for performance and attracts 43,500+ visits annually

OVERVIEW

CBRE IS PLEASED TO EXCLUSIVELY PRESENT FOR SALE this Concentra Urgent Care location at 2010 Levick Street, Philadelphia, Pennsylvania. The tenant operates under a long-term double net (NN) lease with 9+ years remaining and 2.5% annual rental increases. The lease also includes two, five-year renewal options, ensuring steady income growth. Concentra (NYSE: CON) is a financially strong, publicly traded company, providing a corporate guarantee on the lease and offering a stable, reliable income stream for investors.

FOR SALE DETAILS

PRICE

$3,205,300 USD

PRICE/SF

$416 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Concentra Urgent Care | Philadelphia, PA

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1964

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.4 AC

LAND SF

17,424 SF

ZONING

C7

APN/PARCEL ID

882925612

ASK ABOUT THIS PROPERTY

Matthew GormanCBRE, Inc.More Info
215-603-6914

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Matthew GormanCBRE, Inc.More Info
215-603-6914

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.