For Sale: CALL FOR OFFERS: Bids Due Thursday Sept. 25 at 5PM

3110 Grant Avenue
Philadelphia, PA

Offers for 479 Thomas Jones Way are due on Thursday, September 25th by 4:00 PM.

Please contact Mike Margolis (610-879-4503) to schedule a property inspection.

NGKF Capital Markets has been retained as the exclusive agent for the sale of 3108-3110 Grant Avenue, in Philadelphia, Pennsylvania. The Property is a 16,711 rentable square foot, two-story medical office building, with two large basement storage areas and an ADA compliant elevator, located in the heart of Northeast Philadelphia. The building was originally constructed in 1920 and was completely renovated to a medical office building in 2000. It is 100% occupied, primarily by Aria 3B Orthopedics, the nationally recognized orthopedic specialty practice of Aria Healthcare, the major healthcare provider for Northeast Philadelphia. Aria 3B Orthopedics leases 88% of the building while two smaller tenants fill out the building, complementing the 3B practice.

View the Landing Page for more information.

Investment Highlights

• The Property has been 100% leased (including the Property’s two complementary tenants) since 2000 to what is now Aria 3B Orthopedics, one of the leading orthopedic practices in North America.
• Northeast Philadelphia is a densely populated, primarily residential area that provides a large pool of potential patients.
• The main tenant, Aria 3B – Northeast, was formerly a private practice known as the Muscle, Bone & Joint Center, an extremely successful orthopaedic practice specializing in sports medicine and joint replacement surgery.
• The complementary tenants at the Property, a prosthetics and a pain management practice, benefit tremendously from internal referrals and the convenience of being located within the building.
• 3110 Grant Avenue’s stone entryway façade is very attractive and gives the Property an historic and significant feel.
• The Property is home to one of four Aria 3B Orthopedic Institutes and the only one in Northeast Philadelphia, the practice’s largest service area.
• Aria 3B – Northeast is comprised of eight board certified surgeons specializing in multiple disciplines, greatly reducing turnover risk at the practice.

Bypass the online summary and directly execute the Confidentiality Agreement.
Sincerely,
NGKF Capital Markets