Medical Office Building 3645 N Front St 30,000 SF Office Building Philadelphia, PA 19134 $19,500,000 ($650/SF)

SRS Real Estate Partners-Northeast, LLC is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, CTL financed, Zero Cash Flow, St. Christophers Pediatrics located in Philadelphia, Pennsylvania. The tenant has over 16 years remaining, demonstrating their commitment to the site. The lease features scheduled rental increases every 5 years throughout the term, steadily growing NOI and hedging against inflation. The building is leased to a JV between Tower Health (S&P: D) and Drexel University (S&P: BBB+) and is absolute NNN with zero landlord responsibilities making it an ideal, management-free investment opportunity for a passive investor. Additionally, the paydown/readvance feature that comes from Zero Cash Flow structure further benefits a buyer with 1031 exchange.