1 of 3

2 of 3

3 of 3

•  Media
• Map
• Street View

3790 Morrell Ave
Philadelphia, PA 19114 Northeast Philadelphia

$1,100,000 USD

Medical For Sale  •  7,162 SF

Property Details

• Property Type Medical
• Total Building Size 7,166 SF
• Lot Size 0.49 AC
• Building Class C
• Year Built 1966
• Cap Rate 7.32 %
• Tenancy Multiple
• Zoning ASC

52 Transit Score

61 Walk Score

Highlights

Healthcare properties are traditionally sought-after investments for their resistance during downturns in the economy and e-commerce trends.

The property offers an attractive entry basis of$154 per square foot at the list price, giving buyers the opportunity to acquire this net-lease.

Located in Northeast Philadelphia—one of the densest parts of the city—the property benefits from a five-mile population exceeding ±428,000.

The subject property benefits from ±23,000 vehicles per day (VPD) along Morrell Avenue and Frankford Avenue.

Located less than one mile from Jefferson Torresdale Hospital—a 258-bed facility with a Level II trauma center that opened in 1977,

All six HVAC units on the property were replaced by the landlord in 2022 and have been serviced regularly.

Cap Rate:

7.32 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Green Street Real Estate
LabCorp
Lose Weight Philly
NovaCare Rehabilitation
Pinnacle Physicians Group
Simms, Jerry Dpm

Public Transportation

Commuter Rail	Drive	Walk	Distance
Torresdale (R7 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail))	4 min	18 min	1.0 mi
Cornwells Heights (R7 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail))	8 min	-	2.8 mi
Transit/Subway	Drive	Walk	Distance
Torresdale (R7 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail))	4 min	18 min	1.0 mi
Airport	Drive	Walk	Distance
Trenton Mercer	35 min	-	21.7 mi
Philadelphia International	39 min	-	23.8 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	20
Type:	Surface
Included in Rent:	Yes