1505 N Hermitage Rd - Health Care FOR SALE


Hermitage, PA 16148
$4,999,999 USD
216-464-4060
1505 N Hermitage Rd, Hermitage, PA for Sale
$4,999,999 USD
Health Care - FOR SALE
1/1
null | 8.25% Cap Rate

1505 N Hermitage Rd
Hermitage, PA 16148


HIGHLIGHTS

  • Long Term Lease Backed By United States Federal Government

OVERVIEW

Lease Commencement Date: November 1,2025 LeaseTerm:Ten{10)years firm five(5)years soft Building Square Feet: 14,907SF Acreage: 2.768AC Veterans Affairs Contribution to Interior Tenant Improvements: $2,946,700 RentalIncreases:$1.50/SF rental increase in Years 6 and 11

FOR SALE DETAILS

PRICE

$4,999,999 USD

PRICE/SF

$335 USD /SF

CAP RATE

8.25%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

United States Veterans Affairs

PROPERTY TYPE

Health Care

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.36 AC

LAND SF

102,931 SF

ZONING

-

APN/PARCEL ID

11-145-056

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 Notice.