125 Home Depot Dr - Health Care FOR SALE


Franklin, PA 16323
$4,138,000 USD
216-464-4060
125 Home Depot Dr, Franklin, PA for Sale
$4,138,000 USD
Health Care - FOR SALE
1/1
null | 8% Cap Rate

125 Home Depot Dr
Franklin, PA 16323


HIGHLIGHTS

  • Lease Commencement Date: April 1, 2023
  • Lease Term: Ten {10) Years Firm; Ten (10) Years Soft
  • Building Square Feet: 15,000 SF Acreage: 2.8 AC
  • Veterans Affairs Contribution to Interior Tenant improvements: $2,433,047
  • Rental Increases: Years 1-5 : $495,685.02 Years 6-10: $483,120.55 Years 11-20: $513,141.85 (soft term)

OVERVIEW

Franklin, Pennsylvania, located in Venango County, is a historic city known for its charming downtown and strong sense of community. Positioned near major routes like U.S. 322 and Route 8, Franklin offers convenient access to nearby markets, making it attractive for business and commercial development. The local economy includes healthcare, manufacturing, and tourism, providing a stable base for growth. Opportunities for commercial real estate are available in retail, office, and mixed-use spaces, particularly in the revitalized downtown area. With affordable property, supportive local leadership, and ongoing development efforts, Franklin presents a solid opportunity for commercial real estate investment.

FOR SALE DETAILS

PRICE

$4,138,000 USD

PRICE/SF

$276 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

VETERANS AFFAIRS OUTPATIENT CENTER

PROPERTY TYPE

Health Care

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

17.5 AC

LAND SF

762,300 SF

ZONING

-

APN/PARCEL ID

08-007-030-000

ASK ABOUT THIS PROPERTY

Dan LaricciaPassov Real Estate GroupMore Info
216-464-4060

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Dan LaricciaPassov Real Estate GroupMore Info
216-464-4060

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