Capital Commercial Partners is pleased to bring to the market this Valor Healthcare Clinic located at the Columbia Mall in Bloomsburg, PA. The investment offers a corporate guaranty by Valor Healthcare Inc., with a brand new 7 year NN lease; rent recently commenced October 2020. Valor was just acquired by Select Medical Holdings Corp.? (NYSE: SEM) with a market cap of $3B+.?
Valor provides contract care for our nations veterans and operates 30 facilities in 16 states. The tenant spent in excess of $1.5M in improvements to the 11,240 SF space showing long term commitment to the site. The exterior has also been completely renovated including roof, HVAC, electrical, and parking lot.
The mall is undergoing a complete transformation with Geisinger Health being the anchor tenant.
The property is in close proximity to Bloomsburg University with a student enrollment of approximately 9,600 students with a storied history being founded in 1839. It’s the 3rd largest of the 14 universities in Pennsylvania. It made the list of top universities in the northern region according to U.S. News and World Reports annual rankings.
Bloomsburg is located in Columbia County and is 40 miles from Wilkes-Barre. It’s the county seat and the only incorporated town in PA..
This is a unique opportunity for an investor to acquire a completely renovated property in a great location, excellent return, and 3% annual rental increases.