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2010 N Broad St
Lansdale, PA 19446
Office Property For Sale


Investment Highlights
- FEE SIMPLE NNN LEASE WITH BUILT-IN RENT GROWTH
- RECENT HEALTHCARE SYSTEM EXPANSION AND CONSOLIDATION
- HEALTHCARE DEMAND DRIVEN BY 55+ POPULATION
- STRATEGIC LOCATION WITHIN AN INTEGRATED HEALTHCARE NETWORK
- DENSELY POPULATED, HIGHLY AFFLUENT AREA
- PHILADELPHIA MSA: A HEALTHCARE HUB
Executive Summary
Forged Real Estate is pleased to exclusively offer the opportunity to acquire the fee simple interest in a single tenant medical office property leased to Jefferson Health (Moody’s: A3), (the “Property”) in Lansdale, Pennsylvania, a borough in suburban Philadelphia. Jefferson Health operates under a fee simple triple-net (NNN) lease featuring annual 1% rent escalations throughout the base term. This structure provides investors with predictable income growth, minimal landlord responsibilities, and long-term cash flow stability backed by a leading regional Healthcare system. Jefferson Health merged with Einstein Healthcare Network in 2021 as part of Jefferson’s strategy to expand its integrated care platform. Jefferson Health has continued its regional growth through its 2024 merger with Lehigh Valley Health Network, creating one of the leading academic health systems in Pennsylvania and New Jersey. This large-scale consolidation strengthens tenant credit (Moody’s: A3), expands referral networks, and reinforces long-term demand for outpatient and medical office real estate.
The Lansdale outpatient facility is a 2018 build-to-suit for Jefferson and is prominently located along N. Broad Street, a primary commercial corridor with over 16,000 vehicles per day and conveniently sits less than one mile from Jefferson’s Lansdale 140-bed Hospital campus. The subject facility specializes in vascular surgery, rehabilitation, and physical therapy services, including Physical Therapy, Occupational Therapy, Amputation & Prosthetics, Balance and Vestibular Services, Joint Replacement Rehabilitation, Parkinson’s Disease Therapies, Sports Rehabilitation, Stroke Comprehensive Outpatient Rehabilitation, Urogynecological & Pelvic Floor Treatment, Vestibular/Concussion Therapy, and Workers’ Injury Rehabilitation. This diverse outpatient service platform strengthens the property’s role in Jefferson’s continuum of care, supports sustained patient demand, and enhances tenant revenue stability. Now operating within the same Jefferson Health network, the hospital and outpatient facility benefit from shared referral streams, coordinated care delivery, and system-wide patient capture.
The Lansdale outpatient facility is a 2018 build-to-suit for Jefferson and is prominently located along N. Broad Street, a primary commercial corridor with over 16,000 vehicles per day and conveniently sits less than one mile from Jefferson’s Lansdale 140-bed Hospital campus. The subject facility specializes in vascular surgery, rehabilitation, and physical therapy services, including Physical Therapy, Occupational Therapy, Amputation & Prosthetics, Balance and Vestibular Services, Joint Replacement Rehabilitation, Parkinson’s Disease Therapies, Sports Rehabilitation, Stroke Comprehensive Outpatient Rehabilitation, Urogynecological & Pelvic Floor Treatment, Vestibular/Concussion Therapy, and Workers’ Injury Rehabilitation. This diverse outpatient service platform strengthens the property’s role in Jefferson’s continuum of care, supports sustained patient demand, and enhances tenant revenue stability. Now operating within the same Jefferson Health network, the hospital and outpatient facility benefit from shared referral streams, coordinated care delivery, and system-wide patient capture.
Property Facts
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
8,000 SF
Building Class
B
Year Built
2018
Price
$3,216,000
Price Per SF
$402
Cap Rate
6.60%
NOI
$212,240
Tenancy
Single
Building Height
1 Story
Typical Floor Size
8,000 SF
Building FAR
0.22
Lot Size
0.83 AC
Zoning
C
Property Taxes
| Parcel Number | 35-00-00979-003 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $872,490 |
Property Taxes
Parcel Number
35-00-00979-003
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$872,490
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