The Offering
CBRE has been retained by ownership as the exclusive marketing advisor for the disposition of Paoli Medical Plaza, a 99,059 SF medical office campus located at 2-4 Industrial Boulevard in Paoli, Chester County, PA (“the Property” or “Properties”). Paoli Medical Plaza offers some of the highest quality multi-tenant medical office space in the Philadelphia region and is strategically located adjacent to Main Line Health System’s Paoli Hospital campus. Given its immediate proximity to Paoli Hospital, Paoli Medical Plaza is anchored by Main Line Health (Moody’s: Aa3), which occupies 37% of the Properties for clinical, billing and administrative uses. Several other tenants are affiliated with or have previously occupied space at the hospital, creating a powerful synergy between the two medical campuses and a natural long-term solution to accommodate Main Line Health’s growing space needs. Paoli Medical Plaza presents the rare opportunity to purchase a virtually on-campus multi-tenant medical office building anchored by an investment grade healthcare system in one of Philadelphia’s most affluent areas.
Investment Highlights
- Investment grade anchor hospital tenant
- Strategic location adjacent to Paoli Hospital
- Strong Patient Demographics
- Stable cash flow with long-term stability
- Attractive assumable financing
- Immediate access to public transportation
- Exceptional highway access
- Abundant area amenities
Medical Campus SF 99,059 SF
Occupancy: 90%
In-Place NOI: $1,607,387
CBRE INVESTMENT PROPERTIES
Stephen Marzullo Senior Vice President T +1 610 251 5161 stephen.marzullo@cbre.com Licensed: PA Licensed Salesperson: NJ, DE Justin Marlowe Senior Associate T +1 610 251 5158 justin.marlowe@cbre.com Licensed: PA Licensed Salesperson: NJCBRE HEALTHCARE CAPITAL MARKETS
Chris Bodnar Senior Vice President T +1 303 628 1711 chris.bodnar@cbre.com Lee Asher Senior Vice President T +1 404 504 5965 lee.asher@cbre.comTo receive a full Offering Memorandum, please click on the button above or visit our website to sign a Confidentiality Agreement electronically at:
https://www.cbremarketplace.com/PaoliMedicalPlaza
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