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51 S Pine St
Elverson, PA 19520

$4,100,000 USD

Office For Sale  •  20,000 SF

Property Details

  • Property Type Office
  • Total Building Size 20,000 SF
  • Lot Size 2.2 AC
  • Building Class B
  • Year Built 1980
  • Cap Rate 8.05 %
  • Tenancy Multiple
  • Zoning Commercial
30 Walk Score

Highlights

100% Leased, Four-Tenant Investment — 20,000 SF building is occupied by four established medical, fitness, and wellness operators under new NNN leases
Essential, Service-Based Tenancy — urgent care / primary medical care, fitness, physical therapy, and chiropractic care are internet resistant uses
2,000 SF Sublease Upside — A-Z Urgent Care / Primary Care leases 10,000 SF but utilizes 8,000 SF, creating an opportunity to sublease the remaining SF
Growing Chester County Corridor — Elverson sits along the Route 23/Route 10 corridor in one of the Philadelphia region's fastest-growing counties
Established Local Operators — A-Z Urgent Care / Primary Care and A-Z Fitness are long-tenured, community-anchoring businesses
Signalized, High-Visibility Site — the Property sits on a prominent corner parcel with excellent visibility, monument signage, and easy ingress/egress

Property Flyers

Cap Rate: 8.05 %

Amenities

  • Pond

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 85
Type: Surface
Included in Rent: Yes
Brady Carroll 610-291-9895 VRA Realty
Brady Carroll 610-291-9895 VRA Realty