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106 S Claude a Lord Blvd
Pottsville, PA 17901 Downtown Pottsville

$3,812,447 USD

Medical For Sale  •  14,883 SF

Property Details

  • Property Type Medical
  • Total Building Size 12,900 SF
  • Lot Size 0.88 AC
  • Building Class B
  • Year Built 1980
  • Cap Rate 5.75 %
  • Tenancy Multiple
  • Zoning C-4
0 Transit Score
79 Walk Score

Highlights

Absolute NNN Lease with ±14.3 Years Remaining and 2.5% Annual Rent Escalations
Leased to Lehigh Valley Physician Group, Guaranteed by Jefferson Health (S&P: A)
Single-Tenant 12,900 SF Outpatient Medical Office on 0.88 Acres
Investment Grade Credit with Full Corporate Guarantee from Major Health System
Tenant Pays All Expenses Directly, Including Taxes, Insurance, and Utilities
Attractive Price Point with 5.75% Cap Rate and $219,216 NOI
Cap Rate: 5.75 %

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 53
Type: Surface
Included in Rent: Yes
Tyler Swade 630-854-9717 Matthews Real Estate Investment Services
Tyler Swade 630-854-9717 Matthews Real Estate Investment Services