3055 Ridge Pike - Moscariello Center

3,750 - 7,500 SF Medical Condo Units Offered at $1,200,000 Per Unit in Eagleville, PA 19403

Listing Details

Investment Highlights

• Three immaculate medical office condos offered with unmissable visibility and prominent signage at the prestigious Moscariello Center in Eagleville.
• Exceptionally nestled within a well-maintained suburban neighborhood encircled by a growing population and in proximity to sought-after conveniences.
• Easily accessible with high visibility and ample surface parking at the corner of major thoroughfare Ridge Pike (SR 4031) and Church Road.
• Ideally located just outside of the Philadelphia metropolitan area within a desirable community where the average household income is over $112,000.

Executive Summary

Strategically situated with premier visibility along Ridge Pike (State Route 4031), paired with both building and monument signage, 3055 Ridge Pike presents impressive medical office condos at the Moscariello Center. This three-story building features an attractive brick façade and multiple building access points, allowing for convenient accessibility for the different units within the property. Prominently sited over a 1.5-acre lot, 3055 Ridge Pike has ample surface parking accommodating 140 vehicles coming from either ingress and egress points off Ridge Pike or Church Road. The three well-maintained condo units feature turnkey, plug-and-play build-outs with hardwood flooring, plenty of built-in storage with sinks, excellent natural lighting, and controlled access for privacy. The medical offices are available at each level of the property, granting the incredible opportunity to choose which floorplan best suits business needs. Valuably located about 23 miles from Downtown Philadelphia, Eagleville boasts noteworthy amenities within a lush suburban neighborhood surrounded by a growing community. Affluent residents surround the Moscariello Center as the average household income within a 5-mile radius is over $112,000. The increasing population of 161,226 residents have a median age ranging from 40 to 44 years old and have a generous spending power of nearly $2.2 billion annually. Major retailers drive demand to the area while providing optimum convenience for locals and visitors. Encompassing 3055 Ridge Pike are nationally renowned businesses CVS, Target, Walmart Supercenter, Best Buy, Wegmans, Dollar Tree, and more. Moscariello Center is an exceptional acquisition for an investor or an owner/user seeking an ideally established and meticulously maintained asset in a premium suburb just outside the Philadelphia metropolitan area. With office rents steadily increasing in the Norristown/Valley Forge office submarket, an investor can lease up at market rents, providing tremendous value and a sought-after return on investment. An owner seeking to occupy the condo unit can appreciate the desirable connectivity Moscariello Center offers in the appealing community of Eagleville, Pennsylvania.

Property Facts

Price $1,200,000

Unit Size: 3,750 - 7,500 SF

No. Units: 3

Total Building Size: 22,500 SF

Property Type: Office

Property Subtype: Medical

Building Class: B

Floors: 3

Typical Floor Size: 7,500 SF

Year Built: 2007

Lot Size:1.50 AC

Parking Ratio: 5.6/1,000 SF