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Mercy Wellness Center 2821 Island Ave 43,800 SF 73% Leased Office Building Philadelphia, PA 19153 $6,950,000 ($158.68/SF)
INVESTMENT HIGHLIGHTS
- Trinity Health Hospital System as anchor tenant.
- 77% physical occupancy with lease structure as gross and modified gross.
- Philadelphia City recently upgraded to A+ credit rating.
- Value Add Opportunity to blend and extend current leases.
- Centered in growing metropolitan area.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
43,800 SF
Building Class
C
Year Built
1995
Price
$6,950,000
Price Per SF
$158.68
Percent Leased
73%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
21,900 SF
Slab To Slab
10’
Building FAR
0.29
Lot Size
3.44 AC
Zoning
RSA3 - Multi use
Parking
300 Spaces (6.85 Spaces per 1,000 SF Leased)
AMENITIES
- Air Conditioning
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
- 1st Fl-Ste 104
- 737 SF
- Office/Medical
- Full Build-Out
- Now
- 2nd Fl-Ste 204
- 5,072 SF
- Office/Medical
- Full Build-Out
- Now
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste 102 | 2,332 SF | Office/Medical | Full Build-Out | Now |
| 1st Fl-Ste 104 | 737 SF | Office/Medical | Full Build-Out | Now |
| 1st Fl-Ste 131 | 1,254 SF | Office | - | Now |
| 2nd Fl-Ste 201 | 2,262 SF | Office/Medical | Full Build-Out | Now |
| 2nd Fl-Ste 204 | 5,072 SF | Office/Medical | Full Build-Out | Now |
1st Fl-Ste 102
| Size |
| 2,332 SF |
| Space Use |
| Office/Medical |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 104
| Size |
| 737 SF |
| Space Use |
| Office/Medical |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 131
| Size |
| 1,254 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
2nd Fl-Ste 201
| Size |
| 2,262 SF |
| Space Use |
| Office/Medical |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 204
| Size |
| 5,072 SF |
| Space Use |
| Office/Medical |
| Condition |
| Full Build-Out |
| Available |
| Now |
1 of 23
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1st Fl-Ste 102
| Size | 2,332 SF |
| Space Use | Office/Medical |
| Condition | Full Build-Out |
| Available | Now |
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1st Fl-Ste 131
| Size | 1,254 SF |
| Space Use | Office |
| Condition | - |
| Available | Now |
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
2nd Fl-Ste 201
| Size | 2,262 SF |
| Space Use | Office/Medical |
| Condition | Full Build-Out |
| Available | Now |
1 1
Walk Score®
Very Walkable (76)
PROPERTY TAXES
| Parcel Number | 883600000 | Improvements Assessment | $4,059,120 |
| Land Assessment | $1,014,780 | Total Assessment | $5,073,900 |
PROPERTY TAXES
Parcel Number
883600000
Land Assessment
$1,014,780
Improvements Assessment
$4,059,120
Total Assessment
$5,073,900
1 of 31
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Contact the Sale Advisor
Mercy Wellness Center | 2821 Island Ave
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