This is a great opportunity to own a fully leased medical office building located on Garret Rd in Drexel Hill. Well maintained one-story building on slab with three offices and a common vestibule. Convenient parking lot is located in the rear of the building with direct access from Garret Rd.
Rental Income: $143,232
Taxes: $42,094
Operating Expenses: $19,485
Total Expenses: $61,579
Net Operating Income: $81,653
Existing Lease Info:
Suite A lease expires on March 31, 2025
Suite B lease expires on December 1, 2027
Suite C lease expires on July 1, 2024 (Currently working with Tenant on renewing lease terms)
Property Features
- Medical/Consulting, Office, Commercial
- Satelite
- Street
- Transit
