- For Sale $2,150,000
- Property Type Office - Medical Office
- Property Size 6,900 SF
- Lot Size 0.32 Acre
- Cap Rate % 7.1
- NOI / YR $152,156.00
- Building Class C
- Year Built 1920
- Date Updated Apr 1, 2026
Description
Equity CRE is proud to present for sale 2412-14 & 2416 W Passyunk Avenue, a single-tenant medical facility, leased to American Access Care (operating as Azura), a Fresenius Medical Care Company, one of the world’s leading providers of dialysis and renal healthcare services with a significant national and global footprint. The property is strategically positioned along W Passyunk Avenue in South Philadelphia, a densely populated, supply-constrained infill submarket characterized by strong residential healthcare systems. The location provides essential access to a large and growing patient base, making the site highly attractive for long-term outpatient medical operations.
This offering presents investors with the opportunity to acquire a mission-critical healthcare real estate asset operated by a nationally recognized medical tenant providing non-discretionary, life sustaining services. This triple net investment provides stabilized income with the remaining lease term through 2028 with 3 options to renew, three years each. Combined with the property’s urban infill location, functional medical layout, and alignment with long-term healthcare delivery trends, 2412-14 & 2416 W Passyunk Avenue represents a compelling opportunity to acquire stable cash flow with defensive characteristics in a major Northeast market.
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Contacts
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Equity CRE