18 Sportsman Dr - Medical FOR SALE


Clarion, PA 16214
$1,750,000 USD
717-514-6390
18 Sportsman Dr, Clarion, PA for Sale
$1,750,000 USD
Medical - FOR SALE
1/16
null | 9.03% Cap Rate

18 Sportsman Dr
Clarion, PA 16214


HIGHLIGHTS

  • Located directly across the street from Independence Health System's Clarion Hospital
  • Two leading Hospital System Tenants with a long-term occupancy history
  • Value add - 1,435 SF vacant suite - fully finished

OVERVIEW

Zeustra Healthcare Real Estate Advisors is pleased to present, on an exclusive basis, the opportunity to acquire a medical office building at 18 Sportsman Drive, Clarion, PA (the “Property”). Spanning 12,491 rentable square feet, the Property is strategically positioned directly across from Independence Health Systems’ Clarion Hospital. Clarion Hospital occupies 48% of the Property, where it has maintained a presence for over a decade, housing its Rehabilitation Services. Additionally, the University of Pittsburgh Medical Center (UPMC) has been a tenant since 2015, leasing 40% of the Property to its Orthopedics & Sports Medicine, along with a seven-day-a-week Urgent Care Center. With two established hospital systems as tenants, this offering presents a compelling opportunity for investors seeking stable, long-term returns in the healthcare real estate sector. Furthermore, the Property includes a fully finished 1,435-square-foot vacant suite, providing additional upside potential for investors looking to maximize value.

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$109 USD /SF

CAP RATE

9.03%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1982

SPRINKLERS

-

PARKING SPACES

74

LAND DETAILS

LAND ACRES

2.2 AC

LAND SF

95,665 SF

ZONING

-

APN/PARCEL ID

019-082003

ASK ABOUT THIS PROPERTY

Nick MyersZeustra Real Estate Investment ServicesMore Info
717-514-6390

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Nick MyersZeustra Real Estate Investment ServicesMore Info
717-514-6390

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