Nemours Children's Health

Project Overview

Built in 1996 and fully redeveloped for Nemours in 2016, this facility is Nemours’ flagship location for newborn care and pediatrics primary care on the Philadelphia Main Line.

Immediate Access to 26 Schools within a 10-Minute Drive Time

#1
Best School
District in PA

26
Schools within a
10-Minute Drive

#1
Richest County in
PA (Chester County)

Nemours benefits from its proximity to a dense concentration of schools, making it an ideal location for serving pediatric patients.

Within a 10-minute drive, the area boasts 17 elementary and high schools, along with 9 pre-schools, including daycares and nurseries.

Located in Chester County— the wealthiest county in Pennsylvania—this environment ensures access to a robust population of families and children, further strengthening demand for high-quality pediatric care services in the region.

Tenant

The 9,660 SF freestanding facility has a single tenant – Nemours Foundation dba Nemours Children’s Health (S&P: AA+), which is one of the best and largest children’s health systems in the U.S. with over 95 locations across Pennsylvania, Florida, Delaware, and New Jersey with $2.8 billion assets, $1.9billion revenue, and $285M net income (2022).

Location Overview

This location is a 7 to 10-minute drive to major employers such as Vanguard U.S. HQ, Microsoft, and Siemens Healthcare.

Demographics

Located at the heart of Chester County (#1 richest county in PA), the primary market area include the wealthiest Philadelphia suburbs with a median household income of $131,189, which is 82% higher than statewide median household income of $72,210 in Pennsylvania.

High Density of Children Population (Age 0-19)

This location has an exceptionally high density of children. This site is surrounded by 17 elementary and high schools and nine pre-schools. The Paoli school district is ranked 2nd in PA and 15th in the country by Niche school rankings

Substantial Development Upside

This 9,660 SF freestanding facility can add 26,000 SF by right (C-1 zoning), providing excellent redevelopment potential at a location with high entry barrier.

Entry Barrier

The Main Line predominantly boasts assets held within family trusts, passed down through generations. Transactions of Main Line assets are rare occurrences, with ownership remaining relatively stable over time.

The primary market area is an upper-class market located along the Philadelphia Main Line which includes some of the most affluent Philadelphia suburbs. Nemours is located in a robust economic hub supported by top employers in Chester County, such as Vanguard (10,200 employees), QVC Network, Siemens Healthcare, and Main Line Health, and more. The area benefits f rom a robust life sciences and healthcare ecosystem where numerous medical offices and research facilities contribute to the region’s dynamic employment landscape.

Nemours Children's Health​