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2137 Welsh Road
Philadelphia, PA 19115-4963
Asking Price
$1.22M
Cap Rate
7%
Asset Type
Medical Office Office
Class
Class B
What's Special
Dental | 7.00% CAP | 10 Year NNN <ul><li>Prime Corner Location Positioned at the signalized intersection of Roosevelt Blvd (39,274 VPD) and Welsh Road (22,344 VPD), offering excellent visibility within a well-established medical corridor.</li><li>Dense &Affluent Trade Area Located in Northeast Philadelphia, serving a population of approximately 220,000 residents within a 3-mile radius, with average household incomes exceeding $97,000.</li><li>Attractive Lease Structure New 10-year NNN lease with 2.5% annual rent escalations,
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NOI
$80,000
Cap Rate
6.58%
DSCR
1.11
Tight
Cash-on-Cash
2.16%
Monthly Payment
$6,011.157
Annual Cash Flow
$7,866.115
