Investment Overview

Marcus & Millichap is pleased to exclusively present a rare value-add medical office investment opportunity in Norristown, Pennsylvania, located just minutes from King of Prussia and the heart of the Philadelphia suburbs. With limited supply of off-campus medical office space in the region, this property is uniquely positioned to capture growing demand from healthcare providers seeking quality space in a convenient, accessible location at well below replacement cost. Norristown is a transportation hub of the western Philadelphia suburbs. The Norristown High Speed Line connects directly to 69th Street and the Main Line, while the Norristown/Manayunk Line offers direct service into Center City. In addition, the property is situated within three miles of three of the region’s major arteries—Interstate 76, Interstate 476, and Interstate 276—ensuring convenient access for both patients and physicians across the metro. The main level consists of 14 offices/consulting rooms, 2 large work areas, 3 bathrooms and a beautiful lobby with high ceilings and exposed wood beams. The lower level includes a separate entrance, reception area, 7 offices, break room with kitchenette, full bathroom and an 890 SF storage area with metal shelves. Just two miles from the property sits one of Jefferson Health’s flagship suburban hospitals, a nationally recognized healthcare provider. This proximity creates natural demand from physicians, specialists, and ancillary service providers who seek locations near the hospital for patient convenience and referral networks. The property combines location, accessibility, and healthcare-driven demand to create a compelling upside opportunity. With strategic improvements and lease-up, investors have the ability to generate strong returns in a corridor that continues to thrive and expand.