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UPMC | Everett PA 745 Raystown Rd

8,000 SF Retail Building Everett, PA 15537 £1,877,880 (£235/SF) 7.24% Net Initial Yield

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Investment Highlights

Corporately guaranteed by Community Medicine Inc., a wholly owned subsidiary of UPMC
Recently converted through a complete gut-renovation eliminating any deferred maintenance in the near future
UPMC made a substantial investment into the site reducing the possibility of a vacancy in the future

Brand new 10-year lease with 10% rental increases every 5 years and 1 x 5yr. option to renew
Highly visible and easily accessible via Raystown Road (PA-26) which has traffic counts over 3,800 VPD

Executive Summary

CBRE IS PLEASED TO EXCLUSIVELY PRESENT FOR SALE the UPMC Primary Care Group building in Everett, Pennsylvania. Its strategic location on 2.68 acres along Raystown Road offers high visibility and easy access, with traffic counts exceeding 3,800 vehicles per day. The property benefits from proximity to major interstates and highways, specifically U.S. Route 30, I-99, which connects to State College, PA and Penn State University’s main campus, and the PA Turnpike (I-76). This section of the Turnpike sees 36,543 VPD past the city of Everett.

Property Facts

Sale Type

Investment

Property Type

Retail

Property Subtype

Freestanding

Building Size

8,000 SF

Year Built/Renovated

2008/2023

Price

£1,877,880

Price Per SF

£235

Net Initial Yield

7.24%

NOI

£136,047

Tenancy

Single

Number of Floors

Building FAR

0.07

Land Acres

2.68 AC

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