List Search

745 Raystown Rd
Everett, PA 15537

$2,400,000 USD

Freestanding For Sale  •  8,000 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 8,000 SF
  • Lot Size 2.68 AC
  • Year Built 2008
  • Cap Rate 7.24 %
  • Tenancy Single
0 Transit Score
2 Walk Score

Highlights

Corporately guaranteed by Community Medicine Inc., a wholly owned subsidiary of UPMC
Brand new 10-year lease with 10% rental increases every 5 years and 1 x 5yr. option to renew
Recently converted through a complete gut-renovation eliminating any deferred maintenance in the near future
Highly visible and easily accessible via Raystown Road (PA-26) which has traffic counts over 3,800 VPD
UPMC made a substantial investment into the site reducing the possibility of a vacancy in the future
Cap Rate: 7.24 %
Matthew Gorman 215-603-6914 CBRE, Inc.
Matthew Gorman 215-603-6914 CBRE, Inc.