484-772-5889
9150 Marshall St, Philadelphia, PA for Sale
Medical - FOR SALE
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9150 Marshall St
Philadelphia, PA 19114
Northeast Philadelphia


HIGHLIGHTS

  • 75% leased (7,600 SF of Vacancy).
  • Anchor Tenant has 16,550 sf with a lease termination date in 2034.
  • Currently in process of extending several leases with near term expirations*.

OVERVIEW

NorthEast Medical Center at 9150 Marshall Street presents a compelling investment opportunity in one of Northeast Philadelphia’s most established medical corridors. This two-story, 29,600 SF Class C medical office building is 75% occupied, anchored by SOAR Corp under a long-term lease through 2034, ensuring durable income stability. Additional tenancy includes Harmony Wellness and Roth Ear, Nose & Throat, both with renewal discussions underway, further reinforcing the property’s strong medical positioning. Priced at $5,000,000 with an attractive 8.11% cap rate, the asset currently generates $405,555 in annual income, with a projected upside to $516,028 through the lease-up of approximately 7,600 SF of vacancy. This represents a 27% NOI increase, offering investors a clear path to value creation. The building’s staggered lease expirations minimize rollover risk, while its location off Roosevelt Boulevard provides seamless regional connectivity. Surrounded by high-traffic retail destinations such as Federal Realty’s Northeast Shopping Center and The Court at Grant Avenue, the property benefits from strong consumer draw and a dense residential population. Nearby Northeast Philadelphia Airport supports medical transport and corporate aviation, adding to the site’s strategic appeal. With demographics boasting over 512,000 residents within three miles and average household incomes exceeding $96,000, this asset is positioned for sustained demand from healthcare providers seeking proximity to patients and complementary practices.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

19

LAND DETAILS

LAND ACRES

0.85 AC

LAND SF

37,026 SF

ZONING

CA2

APN/PARCEL ID

883385000

ASK ABOUT THIS PROPERTY

Joe FoxWolf Commercial Real Estate L.L.C.More Info
484-772-5889

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Joe FoxWolf Commercial Real Estate L.L.C.More Info
484-772-5889

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.