401 Horsham Rd - Medical FOR SALE
Horsham, PA 19044 |
$3,793,548 USD
310-919-5835
401 Horsham Rd
Horsham, PA 19044
HIGHLIGHTS
- Recent Construction – The property was built in 2016 and has been tenant by Liberty Urgent Care since it was completed
- Extremely Passive Investment -landlord friendly lease structure with no landlord responsibilities that is ideal for out of state investors
- Features a 5.00% rental increase every 3 years that serves as inflation protection through the growth of cash flow over the life of the lease
- E-Commerce Resistant Tenant - Urgent care clinics now handle approximately 200 million patient visits each year, reaching $48B in revenue in 2023
- $56 Billion Dollar Urgent Care Industry - valued at $56.7B in 2022 and is expected to expand at a compound annual growth rate of 10.99%
- Personal Guarantee –The operator has personally guaranteed the lease, showing their commitment to the business & the success of this specific location
FOR SALE DETAILS
PRICE
$3,793,548 USD
PRICE/SF
$553 USD /SF
CAP RATE
7.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Liberty Urgent Care - 401 Horsham Rd
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
TOTAL BUILDING SIZE
-
STORIES
2
BUILDING CLASS
A
YEAR BUILT
2016
SPRINKLERS
-
PARKING SPACES
54
LAND DETAILS
LAND ACRES
0.79 AC
LAND SF
34,412 SF
ZONING
LC3
APN/PARCEL ID
36-00-05500-008
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310-919-5835
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310-919-5835
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