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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



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 | Lot Size | 2.24 AC |
| Price Per Bed | $11,700,000 | Building Size | 35,090 SF |
| Sale Type | Investment | No. Beds | 1 |
| Cap Rate | 7.28% | No. Stories | 3 |
| Property Type | Health Care | Year Built/Renovated | 1998/2024 |
| Zoning | I1 | ||
| 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 |
1 1
PROPERTY TAXES
| Parcel Number | 96-4397-20-71-7279 | Improvements Assessment | $2,763,600 |
| Land Assessment | $296,500 | Total Assessment | $3,060,100 |
PROPERTY TAXES
Parcel Number
96-4397-20-71-7279
Land Assessment
$296,500
Improvements Assessment
$2,763,600
Total Assessment
$3,060,100
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950 Wyomissing blvd - 950 N Wyomissing Blvd
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