Mercy Wellness Center | 2821 Island Ave
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Mercy Wellness Center 2821 Island Ave
43,800 SF 88% Leased Office Building Philadelphia, PA 19153 $9,750,000 ($223/SF)
Investment Highlights
- Trinity Health Hospital System as anchor tenant.
- 77% physical occupancy with lease structure as gross and modified gross.
- Philadelphia City recently upgraded to A+ credit rating.
- Value Add Opportunity to blend and extend current leases.
- Centered in growing metropolitan area.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
43,800 SF
Building Class
C
Year Built
1995
Price
$9,750,000
Price Per SF
$223
Percent Leased
88%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
21,900 SF
Slab To Slab
10’
Building FAR
0.29
Land Acres
3.44 AC
Zoning
RSA3 - Multi use
Parking
300 Spaces (6.85 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Space | Size | Space Use | Condition | Available |
1st Fl-Ste 102 | 2,332 SF | Office/Medical | Full Build-Out | Now |
1st Fl-Ste 104 | 737 SF | Office/Medical | Full Build-Out | Now |
2nd Fl-Ste 201 | 2,262 SF | Office/Medical | Full Build-Out | Now |
2nd Fl-Ste 204 | 5,072 SF | Office/Medical | Full Build-Out | Jan 2025 |
1st Fl-Ste 102
Size |
2,332 SF |
Space Use |
Office/Medical |
Condition |
Full Build-Out |
Available |
Now |
1st Fl-Ste 104
Size |
737 SF |
Space Use |
Office/Medical |
Condition |
Full Build-Out |
Available |
Now |
2nd Fl-Ste 201
Size |
2,262 SF |
Space Use |
Office/Medical |
Condition |
Full Build-Out |
Available |
Now |
2nd Fl-Ste 204
Size |
5,072 SF |
Space Use |
Office/Medical |
Condition |
Full Build-Out |
Available |
Jan 2025 |
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1st Fl-Ste 102
Size | 2,332 SF |
Space Use | Office/Medical |
Condition | Full Build-Out |
Available | Now |
1 of 1
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
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1st Fl-Ste 104
Size | 737 SF |
Space Use | Office/Medical |
Condition | Full Build-Out |
Available | Now |
1 of 1
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3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
2nd Fl-Ste 201
Size | 2,262 SF |
Space Use | Office/Medical |
Condition | Full Build-Out |
Available | Now |
1 of 1
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
2nd Fl-Ste 204
Size | 5,072 SF |
Space Use | Office/Medical |
Condition | Full Build-Out |
Available | Jan 2025 |
1 of 1
Walk Score ®
Very Walkable (72)
PROPERTY TAXES
Parcel Number | 883600000 | Improvements Assessment | $4,059,120 |
Land Assessment | $1,014,780 | Total Assessment | $5,073,900 |
PROPERTY TAXES
Parcel Number
883600000
Land Assessment
$1,014,780
Improvements Assessment
$4,059,120
Total Assessment
$5,073,900
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Mercy Wellness Center | 2821 Island Ave
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