The offering is an opportunity to acquire a newly renovated building with limited landlord responsibilities in an affluent area of the Philadelphia suburbs; Conshocken, PA. The building was recently renovated and boasts beautiful new stone and glass architecture. The Tenant, Conshohocken Physical Therapy, recently signed a new 10-year lease with built-in escalations. The Tenant was also recently acquired by Good Shepherd Penn Partners, a division of Penn Medicine, with 17 other outpatient therapy practices throughout the Greater Philadelphia Area and South Jersey.

Location Description:

Conveniently located near the intersection of Routes 76 and 476, this new partnership allows us to better serve Penn Medicine physician practices in Montgomery County, PA and beyond.

Highlights:

>> Limited Landlord Responsibilities

>> Newly renovated property : Ground up construction

>> Established Medical Tenant part of Penn Medicine

>> High barrier to entry

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