For Sale: Medical office building in Abington | $12,373,870

A 19,950 sf medical office building at 1151 Old York Road in Abington is on the market for $12,373,870.

According to the listing, the property is 100% leased by Abington Neurological Associates, LabCorp, Reproductive Medicine Associates, and Wink Optical and Eye Care.


From the description:

Sands Investment Group is Pleased to Present For Sale the Approximately 19,950 SF Class-A Medical Office Building in Abington, PA. Located Just Steps From Abington Hospital-Jefferson Health in an Affluent Medical Corridor, This Triple Net Asset Was the First Ground-Up Development of Premier Outpatient Healthcare Space in the Immediate Vicinity in More Than a Generation. Anchored By Abington Neurological Associates (ANA), the Property Features a Full Block of Frontage on Route 611, Over 12 Years of WALT, Yearly Rent Increases Based on CPI, and an Established Roster of Tenants, Providing an Investor With a Long-Term, Stable Cash Flow.

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