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1105 Bethlehem Pike
Sellersville, PA 18960

$650,000 USD

Medical Condo For Sale  •  3,000 SF

Property Details

  • Property Type Medical
  • Total Building Size 16,400 SF
  • Lot Size 4.15 AC
  • Building Class B
  • Year Built 2011
  • Cap Rate 7.98 %
  • Tenancy Multiple
  • Zoning Planned Commercial
0 Transit Score
28 Walk Score

1 Unit Available

Name Condo Use Size Price Details
2nd Floor - Unit B1 Office 3,000 SF $650,000 USD
  • Unit Size: 3,000 SF
  • Condo Use: Office
  • Price: $650,000 USD
  • Sale Type: Investment
  • Price/SF: $216.67 USD
Description
3,000 sq. ft. of professional offices with current tenant leased through May of 2030. drive up parking; elevator to 2nd floor.

Sale Notes
This great investment property has Alpine Heating and Air conditioning Company as it's Tenant through May of 2030. Alpine has been there since 2011. employees and technicans are housed out of this location for the entire East coast.

Description

Rockhill Plaza is a newer limited Medical Strip Center; consisting of a Dialysis center; Dialysis office; LabCorp Testing unit; and Alpine Heating and AC, on the second floor. There is also a Car Wash facility on the premises. Property located on Old Bethlehem Pike, and Ridge Rd.       Unit B-1 is a great Investment opportunity, having Alpine Heating and Air conditioning Services as it's tenant. Alpine has been at this location since 2011, and has just signed a new 5 Year Lease, with 2 one year options; extending their Occupancy through year 2030. Lease is a NNN " Triple Net " which Tenant pays all Taxes :Association dues; Security cost; and all other expenses. CAP Rate is 7.7% which is a Great Return on Investment in today's market. 
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Highlights

Newer Center constructed in 2011
Visibility from Old Bethlehem Pike
Convenient Drive up Parking
Private entrance and Elevator
Cap Rate: 7.98 %

Major Tenants

Tenant SF Occupied Lease End Date
Alpine Mechanical Services, LLC 5/1/2030

Amenities

  • Natural Light

Public Transportation

AirportDriveWalkDistance
Lehigh Valley International 38 min - 23.6 mi
Philadelphia International 65 min - 49.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 50
Type: Surface
Included in Rent: Yes
Felix Zusin 215-852-2647 Bucks Realty Group, LLC
Felix Zusin 215-852-2647 Bucks Realty Group, LLC