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502 S 2nd St
Saint Clair, PA 17970

$1,836,800 USD

Medical For Sale  •  11,461 SF

Property Details

  • Property Type Medical
  • Total Building Size 11,200 SF
  • Lot Size 3.4 AC
  • Building Class B
  • Year Built 1982
  • Cap Rate 6.25 %
  • Tenancy Single
  • Zoning C-1
0 Transit Score
43 Walk Score

Highlights

Absolute NNN lease with 9+ years remaining and 2.5% annual rent escalations for stable, growing cash flow.
Corporate guaranteed by Jefferson Health, a major academic health system with 32 hospitals and 62,000 employees.
Single-tenant 11,200 SF outpatient medical facility on 3.51 acres in Saint Clair, PA.
Base rent of $114,800 annually with 6.25% cap rate and $164 PSF pricing.
Tenant pays all operating expenses directly, including taxes, insurance, and utilities.
Attractive depreciation and tax savings potential through cost segregation analysis.
Cap Rate: 6.25 %

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 55
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