2 Park Way - Medical FOR SALE
Seneca, PA 16346 |
$478,443 USD
310-919-5839
2 Park Way
Seneca, PA 16346
HIGHLIGHTS
- Passive Income: Secure a mid-term, predictable income stream with the NN+ lease included in this property. This 'hands-off' approach is ideal for out-
- Favored Product Type: Healthcare real estate offers numerous benefits and continues to gain recognition as a preferred investment
- Growing Income: Maintain the continued growth of your investment dollars with 2% annual increases included in the base term and renewal options of thi
- Tenant Investment in Location: Medical practices rarely relocate due to the high build-out costs and the difficulty of retaining the same patient
- High Traffic Counts & Strong Visibility: Located on the highly trafficked Route 257, which sees over ±10,100 VPD,
- Private Equity Backed: Olympus Partners is a private equity firm focused on providing equity capital for middle-market management buyouts and companie
FOR SALE DETAILS
PRICE
$478,443 USD
PRICE/SF
$89 USD /SF
CAP RATE
9.25%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Private Equity Eye Care | 2% Annual Increases
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
ADD'L SUBTYPES
Convenience Store, Fast Food, Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
B
YEAR BUILT
1991
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.37 AC
LAND SF
59,677 SF
ZONING
-
APN/PARCEL ID
08-008-019E-000
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310-919-5839
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310-919-5839
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