327 Township Line Rd - Freestanding FOR SALE


Elkins Park, PA 19027
$1,760,000 USD
215-568-2600
327 Township Line Rd, Elkins Park, PA for Sale
$1,760,000 USD
Freestanding - FOR SALE
1/6
null | 7.5% Cap Rate

327 Township Line Rd
Elkins Park, PA 19027


HIGHLIGHTS

  • Single tenant NNN lease: The Smilist, situated on Township Line Road with a traffic count of 20,838 vehicles per day (VPD)
  • The Smilist just signed a 5-year lease extension further showing their commitment to the location
  • Strategically located in the heart of Elkins Park, PA, an affluent area boasting a population of 230,000 and an average household income of $98,000 wi
  • Exceptional dental investment opportunity with a longstanding operational history spanning 15+ years
  • Secured by a corporate-backed lease guarantee from The Smilist, a northeastern-based Dental Support Organization (DSO)
  • Minimal landlord responsibility ensures a passive investment opportunity for investors

OVERVIEW

MSC Retail is pleased to present a premier investment opportunity: a single-tenant, net-leased dental property located in Elkins Park, Montgomery County, Pennsylvania. This location is operated by The Smilist, a leading Dental Support Organization (DSO) with a network of over 100 dental offices across six Northeastern states. In 2024, The Smilist secured $285 million in funding to support its aggressive growth strategy and strengthen its operational infrastructure. Demonstrating their long-term commitment to this location, The Smilist recently executed a brand-new 5-year NNN lease extension. Strategically positioned in the affluent and densely populated suburbs of Philadelphia, the property benefits from a surrounding population of over 230,000 residents within a 3-mile radius, with an average household income of $98,000. This location offers investors a stable, income-generating asset backed by a strong tenant with significant market presence. The property is situated directly across from two major medical institutions—Jefferson Health’s Elkins Park campus (550+ beds) and Temple University’s Jeanes Hospital (146+ beds). The immediate area is a hub for medical and health activity, with Elkins Park emerging as one of Montgomery County’s most active corridors for healthcare-related real estate development. Dental practices remain highly desirable investments due to the high relocation costs and patient retention challenges, which often result in long-term occupancy. This offering provides investors with the opportunity to acquire a strategically located, hea

FOR SALE DETAILS

PRICE

$1,760,000 USD

PRICE/SF

$365 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1945

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.55 AC

LAND SF

24,092 SF

ZONING

AO, Abington Twp

APN/PARCEL ID

30-00-67220-007

ASK ABOUT THIS PROPERTY

215-568-2600

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215-568-2600

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