617 N Bethlehem Pike
Ambler, PA 19002
Office Property For Sale

?Excellent Fundamental Real Estate Offered Below Replacement Cost
Situated on Bethlehem Pike, a primary thoroughfare with traffic volumes exceeding 13,000 vehicles per day, the property offers excellent visibility and accessibility. With an anticipated transaction value of under $200 per square foot, the asset presents a compelling opportunity to acquire an income-producing property at a cost below replacement value for comparable medical office investments.
?Affluent and Dense Demographic Profile
The property is in a highly populated and economically strong area of Greater Philadelphia, with over 143,000 residents within a 5-mile radius and average household incomes exceeding $200,000.
Synergistic Rent Roll with Desirable Corporate Anchor
Anchored by Spring House Animal Hospital, a PetVet location and corporately guaranteed lease, the hospital is complimented by Canine Country, a dog daycare, boarding, and training operator which, collectively, occupy 80% of the rentable area in the building. PetVet is one of the nation's largest corporate veterinary operators with over 400 locations.
?Immediate Value-Enhancement Opportunity
This investment offering provides a new owner with the opportunity to reposition the asset and enhance cash flow by extending existing lease terms and converting the current full-service leases to net lease structures, thereby reducing operating expense exposure and creating a more durable income stream.
Situated Near Nationally Recognized Corporate Drivers
Located in close proximity to the major commercial corridors of Blue Bell and Fort Washington, the property benefits from a diverse employment base anchored by prominent corporate headquarters and regional offices, including Unisys, Toll Brothers, CVS Health/Aetna, GHR Healthcare, SKF Lubrication Systems, BrightView Holdings, and Honeywell. These nationally recognized employers provide a stable employment foundation, support strong daytime population, and reinforce the long-term economic strength of the surrounding market.
?Notable New Residential Improvements Drive Population Growth and Increased Density
The surrounding area continues to experience significant residential growth, highlighted by several large-scale developments that are proposed or currently under construction, including Ambler Station (170 units), Ave Horsham (274 units), Longfield Farm Townhomes (58 units), Luxor Fort Washington (225 units), and Promenade East in Dresher (900 units). Collectively, these projects will introduce more than 1,600 new residential units, reinforcing the area's long-term population growth, strengthening the local demographic profile, and supporting sustained demand for neighborhood-serving retail and healthcare services.