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950 Wyomissing blvd - 950 N Wyomissing Blvd 35,090 SF Health Care Building Offered at $11,700,000 at a 7.28% Cap Rate in Wyomissing, PA 19610

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INVESTMENT HIGHLIGHTS

  • 100% Occupied +/- 35,090 SF Class B Medical Office Building located in Wyomissing, Berks County, PA
  • Occupied by Tower Health Medical Group, a core outpatient division of Tower Health
  • With 18 years of continuous occupancy and recent $700,000 capital improvements, the tenant demonstrates exceptional stickiness and a strong, long-term
  • Absolute Net Lease with No landlord responsibilities
  • Less than 2 miles from Reading Hospital, Tower Health’s flagship facility
  • Long-term tenancy with essential care services and strong patient retention

EXECUTIVE SUMMARY

Marcus & Millichap is pleased to exclusively present a 100% occupied ±35,090-square-foot Class B medical office building located in Wyomissing, Berks County, Pennsylvania. The property is leased on an absolute net basis to Tower Health Medical Group, a core outpatient division of Tower Health, with no landlord responsibilities. Strategically positioned less than two miles from Reading Hospital—Tower Health’s flagship facility—the property plays a vital role in the health system’s ambulatory care strategy. With 18 years of continuous occupancy and over $700,000 in recent capital improvements, the tenant has demonstrated long-term commitment and operational stickiness. The facility houses essential care services including Family Medicine, Internal Medicine, Endocrinology, and Diabetes & Metabolism, serving a growing senior population in an area where over 31% of residents are aged 55 and older. With more than 200,000 residents within a five-mile radius and strong healthcare utilization rates, the property benefits from consistent patient demand and a stable referral network. The site offers excellent visibility and access from Route 422, Route 222, and I-176, and features 134 surface parking spaces with full ADA-compliant access, making it an ideal investment for healthcare-focused real estate investors seeking durable cash flow and long-term value.

PROPERTY FACTS

Price $11,700,000
Price Per Bed $11,700,000
Sale Type Investment
Cap Rate 7.28%
Property Type Health Care
Lot Size 2.24 AC
Building Size 35,090 SF
No. Beds 1
No. Stories 3
Year Built/Renovated 1998/2024
Zoning I1

ROOM MIX INFORMATION

DESCRIPTION NO. BEDS
- 0

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
96-4397-20-71-7279
Land Assessment
$296,500
Improvements Assessment
$2,763,600
Total Assessment
$3,060,100
  • Listing ID: 38281109

  • Date on Market: 10/31/2025

  • Last Updated:

  • Address: 950 Wyomissing blvd, Wyomissing, PA 19610

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