1000 Alliance Dr - Medical FOR SALE


Hazleton, PA 18202
$5,733,000 USD
914-403-7574
1000 Alliance Dr, Hazleton, PA for Sale
$5,733,000 USD
Medical - FOR SALE
1/2
null | 5.5% Cap Rate

1000 Alliance Dr
Hazleton, PA 18202


HIGHLIGHTS

  • Strong Corporate Guarantee | The lease is subject to a strong corporate guarantee from Lehigh Valley Health Network
  • Extremely Attractive Annual Rent Increases | The lease features rental increases of 2.50% annually
  • Excellent Reputation of High-Quality Care | Over the course of its history, LVHN has developed a reputation for top-class, compassionate care

OVERVIEW

Surmount is pleased to present the exclusive listing for a Lehigh Valley Health Network located at 1000 Alliance Drive, Pennsylvania 18202. The site consists of roughly 13090 rentable square feet of building space on an estimated 5.58-acre parcel of land. This Lehigh Valley Health Network is subject to a 15-year Triple Net (NNN) lease, which commenced 5/21/2025. The current annual rent is $315,315 and has scheduled increases of 2.50% Annually.

FOR SALE DETAILS

PRICE

$5,733,000 USD

PRICE/SF

$438 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lehigh Valley Health Network

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5.58 AC

LAND SF

243,261 SF

ZONING

B-2

APN/PARCEL ID

26-S7-00A-28K-000

ASK ABOUT THIS PROPERTY

914-403-7574

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

914-403-7574

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.