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Office Medical

1609 Woodbourne Rd

1609 Woodbourne Rd, Levittown, PA 19057

Listing Price: $550,000

Cap Rate
11.45%
Gross SF
4,000
Rentable SF
4,000
Price/Gross SF
$137.50
Occupancy
100.0%
Year Built
1996
Lot Size
0.09 acres

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale a 4,000 square foot medical office condominium located at 1609 Woodbourne Rd in Levittown, PA, this 4,000 square foot medical office condo presents a prime investment opportunity in the thriving Philadelphia Metropolitan Statistical Area (MSA). The Philadelphia MSA has experienced a 15% growth in the medical office market over the past five years, driven by an aging population, advancements in healthcare technology, and a stable regional economy. The area around Levittown boasts a population of over 52,000 within a 3-mile radius, with a median household income of approximately $75,000, indicating a robust economic base and a strong demand for medical services.
The property’s strategic location on Woodbourne Rd, with an average daily traffic count of approximately 20,000 vehicles, ensures high visibility and accessibility. This modern facility, equipped with essential medical office amenities including ample parking and ADA compliance, is ideally suited for various medical practices such as primary care, specialty clinics, and diagnostic centers.
The local area's strong demographic profile, coupled with its convenient access to major highways like I-95 and the Pennsylvania Turnpike, enhances the property's appeal. Its proximity to major urban centers such as Philadelphia and Trenton further broadens the potential patient base. By leveraging the growing demand for medical office space in the Philadelphia MSA, investors can achieve stable rental income and capital appreciation, ensuring long-term profitability and growth.

Investment Highlights

  • The local area has seen a 10% population growth over the past decade
  • The Philadelphia MSA has experienced a 15% growth in the medical office market over the past five years, driven by an aging population and advancements in healthcare technology.
  • Average daily traffic count of approximately 20,000 vehicles, providing excellent exposure and convenience for patients and staff.
  • The 4,000 square foot medical office condo features modern infrastructure, including ample parking and ADA compliance, suitable for various medical practices.
  • The local area has a population of over 52,000 within a 3-mile radius and a median household income of approximately $75,000, indicating a robust economic base and strong demand for medical services.
  • Conveniently located near major highways such as I-95 and the Pennsylvania Turnpike, facilitating easy access for patients from different parts of the region.
  • Within a 30-minute drive to Philadelphia and Trenton, enhancing the property's appeal to a large and diverse patient base from nearby urban centers.

Exclusively Listed By

Office Medical

1609 Woodbourne Rd

Listing Price: $550,000

Cap Rate
11.45%
Gross SF
4,000
Rentable SF
4,000
Price/Gross SF
$137.50
Occupancy
100.0%
Year Built
1996
Lot Size
0.09 acres

Investment Highlights

  • The local area has seen a 10% population growth over the past decade
  • The Philadelphia MSA has experienced a 15% growth in the medical office market over the past five years, driven by an aging population and advancements in healthcare technology.
  • Average daily traffic count of approximately 20,000 vehicles, providing excellent exposure and convenience for patients and staff.
  • The 4,000 square foot medical office condo features modern infrastructure, including ample parking and ADA compliance, suitable for various medical practices.
  • The local area has a population of over 52,000 within a 3-mile radius and a median household income of approximately $75,000, indicating a robust economic base and strong demand for medical services.
  • Conveniently located near major highways such as I-95 and the Pennsylvania Turnpike, facilitating easy access for patients from different parts of the region.
  • Within a 30-minute drive to Philadelphia and Trenton, enhancing the property's appeal to a large and diverse patient base from nearby urban centers.

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale a 4,000 square foot medical office condominium located at 1609 Woodbourne Rd in Levittown, PA, this 4,000 square foot medical office condo presents a prime investment opportunity in the thriving Philadelphia Metropolitan Statistical Area (MSA). The Philadelphia MSA has experienced a 15% growth in the medical office market over the past five years, driven by an aging population, advancements in healthcare technology, and a stable regional economy. The area around Levittown boasts a population of over 52,000 within a 3-mile radius, with a median household income of approximately $75,000, indicating a robust economic base and a strong demand for medical services. The property’s strategic location on Woodbourne Rd, with an average daily traffic count of approximately 20,000 vehicles, ensures high visibility and accessibility. This modern facility, equipped with essential medical office amenities including ample parking and ADA compliance, is ideally suited for various medical practices such as primary care, specialty clinics, and diagnostic centers. The local area's strong demographic profile, coupled with its convenient access to major highways like I-95 and the Pennsylvania Turnpike, enhances the property's appeal. Its proximity to major urban centers such as Philadelphia and Trenton further broadens the potential patient base. By leveraging the growing demand for medical office space in the Philadelphia MSA, investors can achieve stable rental income and capital appreciation, ensuring long-term profitability and growth.

Exclusively Listed By

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