6404 E. Roosevelt Boulevard, Philadelphia, PA
6404 E. Roosevelt Boulevard

6404 E. Roosevelt Boulevard

Philadelphia, PA 19149

 

100% Leased Medical Condominium Units

NAI Geis Realty Group, Inc. is pleased to present for sale this fully leased opportunity. 6404 E. Roosevelt Boulevard, Units L & 2 are Class “A”+ multi-tenanted medical condo units containing approximately 10,506 rentable square feet for sale, located in Philadelphia, Pennsylvania.

Premier Medical Asset/Tenants

  • Two (2) fully leased medical office condominium units totaling 10,506 RSF
  • Units L & 2 are the entire lower level and second floor of building
  • Successful high-volume children’s dental & orthodontist practices
  • Long term secure tenants have occupied units for 15 & 30 + years
  • Both tenant leases expire on July 31, 2021
  • Custom medical build out and related medical equipment in place
  • Fully occupied building with variety of medical office tenants and unit owners
  • Virtually no landlord operating expense responsibilities

 

Efficient Design

  • Timeless architectural design
  • Ground level access with updated lobby
  • ADA accessible with elevator service to all floors
  • Minimal common area maintenance managed by condominium

 

Condominium

  • Ownership of both units would allow ability to control/manage condominium association
  • Extensive recent capital improvements and routine maintenance schedule
  • Current surplus condominium cash balance over $120,000 (Feb 19, 2019)
  • Opportunity to self-manage condominium association and collect market management fee

 

Prominent Location, Convenient Access & Local Amenities

  • Located prominently with highest visibility at intersection of Bustleton Ave & Roosevelt Blvd
  • Daily traffic counts of 49,735*
  • Convenient access and public transportation to entire Philadelphia region
  • Minutes away from host of dining, hotel, shopping, and retail amenities
  • Access to a large pool of healthcare and medical professional organizations


Download
Offering Preview

 

Download
Confidentiality Agreement

 


 For more information, please contact:

Brian Geis

Executive Vice President, Brokerage Services
This email address is being protected from spambots. You need JavaScript enabled to view it.
(610) 975-4270

Ross Weisman

Associate
This email address is being protected from spambots. You need JavaScript enabled to view it.
(610) 975-4271

This email address is being protected from spambots. You need JavaScript enabled to view it.

Associate
This email address is being protected from spambots. You need JavaScript enabled to view it.
(610) 263-2850

996 Old Eagle School Road
Suite 1117
Wayne, PA 19087

(610) 989-0300  Tel
(610) 989-0234  Fax

 

30 South 17th Street
Suite 210
Philadelphia, PA 19103

(215) 568-7222  Tel
(215) 568-5043  Fax

 

5507 Normandy Drive
Colleyville, TX 76034

(817) 786-3585  Tel

 

200 Abington Executive Park
Suite 202
Clarks Summit, PA 18411

(570) 468-8810

 

NAI Geis Realty Group, Inc.