520 West 49th Street
520 W 49th St, New York, NY, 10019-7143, US
57,964 sf
Description
Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to present qualified investors with the opportunity to acquire Penn Medicine Bucks County (the “Property”), a best-in-class medical outpatient facility anchored by the University of Pennsylvania Health System (UPHS). Completed in 2006, this Class A facility spans 110,000 square feet, with 76% of the rentable square footage being occupied by medical suites backed by the prestigious University of Pennsylvania (UPenn). The combination of Penn Medicine’s investment-grade credit backing (AA per S&P Global), substantial remaining lease term, significant capital investment in their specialized medical spaces, and clear pathway to achieving 100% UPenn occupancy positions the Property as an exceptionally attractive opportunity for medical outpatient facility investors seeking stable, long-term returns from an elite healthcare institution.
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Attributes
Building area gross
110,000 sf
Occupancy
100%
Year built
2006
Number of floors
3
Land area gross
10.93 acres
Media
Investment Highlights
The Property is strategically positioned in Bucks County, an affluent Philadelphia suburb that provides immediate access to one of MSA’s most desirable demographic profile. This location offers significant advantages for medical office investment, as Bucks County features an older population base that directly drives demand for healthcare services, creating a natural patient catchment area for the Property’s medical tenants. Additionally, the Property benefits from exceptional accessibility at the confluence of I-295 and Route 1, providing seamless connectivity to the broader Philadelphia metropolitan area and ensuring convenient access for both patients and medical professionals throughout the region.
Contact brokers
Penn Medicine Bucks County (0 Properties)
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Last updated
30 Oct 2025
