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141 N Vine St
Hazleton, PA 18201

$4,470,016 USD

Medical For Sale  •  12,000 SF

Property Details

• Property Type Medical
• Total Building Size 11,000 SF
• Lot Size 0.65 AC
• Building Class B
• Year Built 2004
• Cap Rate 5.75 %
• Tenancy Multiple
• Zoning R-3

0 Transit Score

80 Walk Score

Highlights

Premier Health System Operator: On August 1st, 2024, Lehigh Valley Health Network completed its merger with Jefferson Health, forming a major regional

Investment Grade Credit Backed Lease: The lease is backed by a full corporate guarantee from Lehigh Valley Health Network, Inc., a Pennsylvania non-pr

Absolute Net Lease Structure: The agreement is an absolute net lease where the Tenant is responsible for all operating expenses and is responsible for

Long-Term Lease: The property features a fifteen (15) year initial term with over 14 years remaining, providing long-term stability and cash flow.

Attractive Rent Growth: The lease includes 2.5% annual rental escalations throughout the lease term, offering investors consistent rent growth and a g

Direct Expense Management: The Tenant manages and pays for all operating expenses directly, including real estate taxes, insurance, and utilities.

Cap Rate:

5.75 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Alliance Medical Group
Cardiolody Associates Of Greater Hazelton
Lehigh Valley Physician Group

Public Transportation

Airport	Drive	Walk	Distance
Wilkes-Barre/Scranton International	50 min	-	33.9 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	Surface
Included in Rent:	Yes