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1620 Mount Hope Ave
Pottsville, PA 17901

$794,711 USD

Office For Sale  •  4,200 SF

Property Details

  • Property Type Office
  • Total Building Size 4,200 SF
  • Lot Size 0.33 AC
  • Building Class B
  • Year Built 1999
  • Cap Rate 8.25 %
  • Tenancy Single
  • Zoning R-1
0 Transit Score
32 Walk Score

Highlights

Healthcare Real Estate — Healthcare properties are highly sought after for their resistance e-commerce and resilience against economic downturns
— With minimal landlord responsibilities, recession resistant tenant, a long-term lease, and corporate guarantee, this is an idea property for local o
Sticky Investment — Dental clinics rarely relocate due to high build-out costs of and difficulty in retaining the same patients after moving
Strong Inflation Hedge —The lease features attractive 3% annual rent increases, providing a great hedge against inflation
Kids are the target demographic of any orthodontics clinic, and the property is walking distance from elementary, middle, and high schools
Attractive Rent/SF —The tenant is paying just $15.61/SF, which is below the average for orthodontics practices
Cap Rate: 8.25 %

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 10
Type: Surface
Included in Rent: Yes
Thor St John 310-955-1774 Matthews Real Estate Investment Services
Thor St John 310-955-1774 Matthews Real Estate Investment Services