325 W Broad St - Health Care FOR SALE


Bethlehem, PA 18018
$5,000,000 USD
760-815-0421
325 W Broad St, Bethlehem, PA for Sale
$5,000,000 USD
Health Care - FOR SALE
1/6
null | 7.11% Cap Rate

325 W Broad St
Bethlehem, PA 18018


HIGHLIGHTS

  • 100% leased to Lehigh Valley Hospital, Inc., a subsidiary of Lehigh Valley Health Network, which maintains an investment-grade credit rating of “S&P:
  • Located approximately 2.5 miles from Lehigh Valley Hospital – Muhlenberg, a 238-bed acute care hospital.
  • Upon completion of construction in 2013, LVHN executed a 10-year NNN lease featuring 4.0% rent increases every two years, along with three (3) options
  • LVHN funded the interior buildout of the facility following the 2013 redevelopment, demonstrating a significant capital investment.
  • Lehigh Valley Hospital – Muhlenberg is currently undergoing a $95 million expansion, adding 153 beds and approximately 93,500 square feet

OVERVIEW

321–325 West Broad Street is a 17,130 RSF, single-tenant Medical Outpatient Building that is 100% leased to Lehigh Valley Health Network (LVHN), which carries an investment grade credit rating of “S&P: A”, under NNN lease terms. The MOB is located approximately 2.5 miles from Lehigh Valley Hospital – Muhlenberg, a 238-bed acute care hospital that is currently undergoing a $95 million expansion. The project will add 153 beds and approximately 93,500 square feet and is scheduled for completion in Fall 2026. The proximity to this major hospital campus reinforces the Property’s integration within LVHN’s broader care network and supports ongoing referral patterns and patient demand. The Property was redeveloped in 2013, with the original structure demolished and replaced with a purpose-built medical facility. LVHN funded the interior buildout, reinforcing long-term tenancy and operational commitment to the location. The asset provides a stable, credit-backed income stream supported by an investment-grade health system. The Property operates as a multi-specialty outpatient facility within LVHN’s network. The 1st floor houses women’s health, primary care, and internal medicine. The 2nd floor is dedicated to pediatrics and is affiliated with Lehigh Valley Reilly Children’s Hospital. The 3rd floor is fully occupied by OB/GYN services and has a procedure room to perform minor surgical procedures. The building’s configuration supports a comprehensive care delivery model, driving consistent patient volumes and serving as a critical access point for outpatient services in the Bethlehem submarket. In 2024, LVHN merged with Jefferson Health, forming one of the 15 largest nonprofit health systems in the United States and the second largest in Pennsylvania. The combined organization has expanded clinical capabilities, geographic reach, and operational scale, further strengthened the underlying credit profile and positioning the system for continued outpatient growth. The Property is situated within a well-established healthcare corridor in Bethlehem, surrounded by a dense concentration of medical providers, including St. Luke’s University Hospital – Bethlehem Campus. The surrounding area includes a mix of primary care practices, specialty clinics, and outpatient facilities, supported by strong residential density, access to regional transportation routes, and proximity to downtown Bethlehem.

FOR SALE DETAILS

PRICE

$5,000,000 USD

PRICE/SF

$292 USD /SF

CAP RATE

7.11%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lehigh Valley Health Network MOB

PROPERTY TYPE

Health Care

ADD'L SUBTYPES

Hospital

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

-

YEAR BUILT

2013

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

0.41 AC

LAND SF

18,072 SF

ZONING

-

APN/PARCEL ID

642748125528-1

ASK ABOUT THIS PROPERTY

Ryan MichaelsHREA | Healthcare Real Estate AdvisorsMore Info
760-815-0421

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Ryan MichaelsHREA | Healthcare Real Estate AdvisorsMore Info
760-815-0421

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