Concentra Urgent Care – Providence, RI
Providence, Rhode Island
Cap Rate: 5.75%
$5,395,652
Available
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Get In TouchHospital Adjacent Medical Office Building | Abington, PA
1151 Old York Road, Abington, PA, 19001, USA
Sands Investment Group is Pleased to Present For Sale the Hospital Adjacent Medical Office Building NNN Located in Abington, Pennsylvania. 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.
- An Approximately 20,000 SF Class A Medical Office Building Conveniently Located on Route 611 in an Affluent Medical Corridor, Offering Strategic Access
- Triple Net Leases With a Weighted Average Lease Term (Walt) of 12.7 Years and Yearly CPI Rent Increases to Hedge Against Inflation
- The Property is Just Steps Away From Abington Hospital- Jefferson Health, One of the Largest Regional Hospitals in the Greater Philadelphia Area With 665 Staffed Beds and a Level II
Trauma Center - Anchored By Abington Neurological Associates (ANA), Which Has Operated in the Greater Philadelphia Area For a Half-Century; the Facility is Known as an Epicenter For Neurological Care in Greater Philadelphia
In Cooperation With Sands Investment Group Philadelphia, LLC – Lic. #RB069072 BoR: Tom Gorman – Lic. PA #RM424383
1151 Old York Road, Abington, PA, 19001, USA
ABINGTON NEUROLOGICAL ASSOCIATES
Abington Neurological Associates (ANA) is a private neurology practice located in Abington, Pennsylvania, USA. Established in 1966 by Dr. Albert D. Wagman and Dr. B. Franklin Diamond, ANA has grown into one of the largest neurology practices in Montgomery and Bucks County. ANA is committed to providing superior quality, comprehensive neurological care and education to maximize each patient’s quality of life. ANA provides care for various neurological conditions, including seizure disorders, stroke, dementia, multiple sclerosis, movement disorders, neuromuscular diseases, balance disorders, concussions, headaches, and sleep disorders. Additionally, the building is also home to the ANA Clinical Infusion Center, as well as the ANA Clinical Research Center.
REPRODUCTIVE MEDICINE ASSOCIATES (RMA NETWORK)
Reproductive Medicine Associates (RMA) is a leading fertility clinic network offering comprehensive reproductive services across the greater Philadelphia area. RMA is a member of IVIRMA Global, the world’s largest international network of fertility care. With four clinic locations and a state-of-the-art in vitro fertilization (IVF) laboratory, RMA Philadelphia provides a full spectrum of fertility treatments, including IVF, intrauterine insemination (IUI), and thirdparty reproductive services. RMA Philadelphia emphasizes compassionate care, offering flexible appointment times, early morning monitoring hours, and both in-person and Telehealth consultations to accommodate patients’ diverse needs.
LABCORP
Labcorp (NYSE: LH) is a global leader of innovative and comprehensive laboratory services that helps doctors, hospitals, pharmaceutical companies, researchers and patients make clear and confident decisions. We provide insights and advance science to improve health and improve lives through our unparalleled diagnostics and drug development laboratory capabilities. The company’s nearly 70,000 employees serve clients in approximately 100 countries, provided support for more than 75% of the new drugs and therapeutic products approved in 2024 by the FDA, and perform more than 700 million tests annually for patients around the world. Labcorp operates over 2,000 patient service centers in the United States.
WINK EYE CARE & OPTICAL
Wink Eye Care & Optical is an optometry practice located in Abington, Pennsylvania, offering comprehensive eye care services and a wide selection of eyewear. Dr. Minal Patel, O.D. is a Pennsylvania State licensed optometrist. She earned her Bachelor of Science degree and Business Administration degree from Temple University and earned her Doctor of Optometry at Pennsylvania College of Optometry at Salus University in Jenkintown PA. Dr. Patel has experience in contact lenses, glaucoma, ocular disease, and comanagement of refractive (LASIK) surgery, as well as cataract surgery and a certification in orthokeratology.
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Value-Add Heartland Veterinary – Wilmington, NC
Wilmington, North Carolina
Cap Rate: 6.24%
$1,000,000
Available
Price
$12,373,870
Cap Rate
6.15%
PREMISES
20,000 SF
RENEWAL OPTIONS
2 x 5 Years
Lease Expiration
Varies
Lease Type
NNN
RENTAL INCREASES
Varies
BROKERS
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Sands Investment Group (“Broker”) is presenting for sale the Subject Property (“Property”) referenced above, by the Property’s owner (the “Owner”). Our agreement with the Owner requires that we obtain a Non-Disclosure before disclosing the name and location of his/her location of his/her business. The undersigned (“Recipients”) hereby acknowledge and agree that certain confidential information that has been or may be disclosed is intended solely for Recipients’ limited use in considering whether to pursue negotiations to acquire the Property.
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Recipients agree that the information provided by Broker is confidential and as such, agrees to hold and treat such information in the strictest of confidence. In addition, Recipients agree not to disclose, directly or indirectly, or permit anyone else to disclose this information to any person, firm or entity without prior written authorization of Owner or Broker and not use, or permit to be used this information in any fashion or manner detrimental to the interests of Owner or Broker. Photocopying or other duplication of such confidential information is strictly prohibited. Recipients agree not to contact the Property’s tenant(s), leasing brokers, or property management staff in connection with Recipients’ review of the Property or confidential information. IN ADDITION, THE CONFIDENTIAL INFORMATION SHALL NOT BE DEEMED AS REPRESENTATIVE OF THE STATE OF AFFAIRS OF THE PROPERTY OR CONSTITUTE AN INDICATION THAT THERE HAS BEEN NO CHANGE IN THE BUSINESS OR AFFAIRS OF THE PROPERTY SINCE THE DATE OR PREPARATION OF THE OFFERING MEMORANDUM.
While Owner and/or Broker may discuss the purchase and sale of the Property with Recipients, either Owner or Broker, in our sole and absolute discretion, may terminate sale discussions at any time and for any reason. Recipients acknowledge that neither Owner nor Broker has any obligation to discuss or agree to the sale of the Property. The acquisition discussions may be lengthy and complex. Notwithstanding that the parties may reach one or more oral understandings or agreements on one or more issues, neither of the parties shall be bound by any oral agreement of any kind, and no rights, claims, obligations or liabilities of any kind, either expressed or implied, shall arise or exist in favor of or be binding upon either Owner or Broker except to the extent expressly set out in a written agreement signed by both Owner and Broker.
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