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100 Community Dr - Single Tenant Leased Medical Condo

6,067 SF Medical Unit Offered at £1,237,520 in Tobyhanna, PA 18466

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Investment Highlights

NNN Lease
Annual Rent Increases

Minimal, Fixed Landlord Expenses
Renewal Options

Executive Summary

Single Tenant Leased Medical Condo - 2022 lease with Lehigh Valley Health Network - Pocono as an imaging center. January 2020 investment into space and equipment upgrades demonstrate continued commitment to location. Mountain Healthcare Center is a 55,000SF medical arts building containing 17 medical use condos. Other occupants include: Additional LVHN offices, dialysis, orthopedics and Pocono Eye. Suite #101 is located near main entrance on the first floor and is the largest single unit in the building. Contact for lease details. 2021 common upgrades, included parking lot resurfacing and building exterior paint.

Offering Memorandum

Property Facts

Price	£1,237,520	Building Class	B
Unit Size	6,067 SF	Number of Floors	2
No. Units	1	Typical Floor Size	27,000 SF
Total Building Size	55,536 SF	Year Built	2003
Property Type	Office (Unit)	Lot Size	7.01 AC
Property Subtype	Medical	Parking Ratio	5.76/1,000 SF
Sale Type	Investment

Price	£1,237,520
Unit Size	6,067 SF
No. Units	1
Total Building Size	55,536 SF
Property Type	Office (Unit)
Property Subtype	Medical
Sale Type	Investment
Building Class	B
Number of Floors	2
Typical Floor Size	27,000 SF
Year Built	2003
Lot Size	7.01 AC
Parking Ratio	5.76/1,000 SF

1 Unit Available

Unit 101

Unit Size	6,067 SF	Sale Type	Investment
Price	£1,237,520	Net Initial Yield	7.69%
Price Per SF	£203.98	NOI	£95,165.32
Unit Use	Medical	APN/Parcel ID	03.93573.U101

Unit Size	6,067 SF
Price	£1,237,520
Price Per SF	£203.98
Unit Use	Medical
Sale Type	Investment
Net Initial Yield	7.69%
NOI	£95,165.32
APN/Parcel ID	03.93573.U101

Description

Single Tenant Leased Medical Condo - 20220lease with Lehigh Valley Health Network - Pocono as an imaging center. January 2020 investment into space and equipment upgrades demonstrate continued commitment to location. Mountain Healthcare Center is a 55,000SF medical arts building containing 17 medical use condos. Other occupants include: Additional LVHN offices, dialysis, orthopedics and Pocono Eye. Suite #101 is located near main entrance on the first floor and is the largest single unit in the building. Contact for lease details.