400 W Butler St - Medical FOR SALE


Mercer, PA 16137
$950,000 USD
717-514-6390
400 W Butler St, Mercer, PA for Sale
$950,000 USD
Medical - FOR SALE
1/23
null | 12.22% Cap Rate

400 W Butler St
Mercer, PA 16137


HIGHLIGHTS

  • 100% occupied single-tenant medical office investment leased to Allegheny Health Network
  • Offered at a $950,000 list price with an attractive 12.22% capitalization rate
  • Net lease structure provides durable in-place cash flow backed by an institutional healthcare tenant
  • Current lease runs through December 31, 2026, with ownership actively exploring a lease extension with AHN
  • Strategically located in Mercer, PA, serving as a key outpatient primary care location with consistent patient traffic and long-term operation

OVERVIEW

Zeustra Healthcare Real Estate Advisors is pleased to present the exclusive opportunity to acquire 400 W Butler Street in Mercer, Pennsylvania — a 100% occupied, single-tenant medical office investment leased to Allegheny Health Network (AHN), one of the leading healthcare systems in Western Pennsylvania and a subsidiary of Highmark Health. Offered at a list price of $950,000, the property represents an attractive 12.22% capitalization rate and provides investors with durable in-place cash flow backed by an institutional healthcare tenant. The property is occupied by AHN Primary Care under a net lease structure currently running through December 31, 2026. Ownership is actively exploring a lease renewal with the tenant, presenting investors with the opportunity to potentially secure extended lease term while maintaining occupancy with a well-established regional healthcare provider. AHN’s continued expansion of outpatient and community-based healthcare services throughout Western Pennsylvania further supports the strategic importance of this location within the health system’s network. Strategically located in Mercer, Pennsylvania, the property serves as an important outpatient healthcare destination for the surrounding community and benefits from its accessibility within the region. As a primary care location operated by Allegheny Health Network, the asset provides essential healthcare services that generate consistent patient traffic and support long-term operational stability. The combination of institutional tenancy, 100% occupancy, strong in-place yield, and the potential for lease extension positions 400 W Butler Street as an attractive opportunity for investors seeking stable healthcare real estate income with upside through continued tenant commitment.

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/SF

$126 USD /SF

CAP RATE

12.22%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

AHN Primary Care Mercer

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,738 SF

ZONING

-

APN/PARCEL ID

65-580-076

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 Notice.