303 Harford St, Milford, PA 18337
10,700 SF | Office Building | Milford, PA 18337 | $4,200,000 ($393/SF) | 7% Cap Rate
For Sale
Active
Asking Price $4,200,000
- Property Type
-
Office
- Square Feet
- 10,700 SF
- Price / Square Foot
- $393
Listing Contacts
Dominic Audino
Jonah Yulish
Property Overview
Stable Long-Term Investment – Offering a 15-Year lease term from close of escrow, and being situated in the New York MSA, makes this a stable long term investment for investors to receive a 7.0% return beginning Year-1.
Passive Lease Structure – Healthcare properties are sought after for their resistance to recessions and e-commerce. This offers a potential local or national investor a passive NNN investment opportunity.
Hedge Against Inflation – The lease includes 2% annual rent increases and offers up to 20 years of renewal options, providing investors with a growing cash flow and a hedge against inflation.
Multi-Billion Dollar Industry – According to Grand View Research, the US Ambulatory Surgical Centers market size is projected to grow from $142.86 Billion in 2024 to $205.52 billion, at a CAGR of 6.25% from 2024 to 2030.
Broker of Record
Kyle Matthews
License No. RB068831 (PA)
Passive Lease Structure – Healthcare properties are sought after for their resistance to recessions and e-commerce. This offers a potential local or national investor a passive NNN investment opportunity.
Hedge Against Inflation – The lease includes 2% annual rent increases and offers up to 20 years of renewal options, providing investors with a growing cash flow and a hedge against inflation.
Multi-Billion Dollar Industry – According to Grand View Research, the US Ambulatory Surgical Centers market size is projected to grow from $142.86 Billion in 2024 to $205.52 billion, at a CAGR of 6.25% from 2024 to 2030.
Broker of Record
Kyle Matthews
License No. RB068831 (PA)
Property Details
- Class
- C
- Year Built/Renovated
- 1990/2019
- Stories
- 2
- Property Subtype
- Medical
- Lot Size (sq. ft)
- 13,939 SF
Highlights
- Stable Long-Term Investment
- Passive Lease Structure
- Hedge Against Inflation
- Multi-Billion Dollar Industry
- New York MSA
- Prime Location
Nearby Properties
Similar Properties
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