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1005 Campus Cir 17,924 SF Office Building Hermitage, PA 16148 $5,980,000 ($333.63/SF) 7.24% Cap Rate
INVESTMENT HIGHLIGHTS
- NNN Lease Structure – Tenant is responsible for taxes, insurance, and CAM, providing investors with a truly passive income-producing asset.
- Healthy Lease Term Remaining – Approximately 4.5 years left on a newly structured 5-year lease that commenced in the 2025 fiscal year.
- Build-to-Suit Construction – Purpose-built in 2005 for Dr. Tonnies’ orthopedic and physical therapy practice, designed to support long-term clinical o
- Appraised at List Price – Seller recently obtained an appraisal validating the property’s value at the current list price.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
17,924 SF
Building Class
B
Year Built
2005
Price
$5,980,000
Price Per SF
$333.63
Cap Rate
7.24%
NOI
$432,952
Tenancy
Single
Building Height
1 Story
Typical Floor Size
17,924 SF
Building FAR
0.04
Lot Size
11.16 AC
Parking
45 Spaces (2.51 Spaces per 1,000 SF Leased)
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Hermitage Orthopedic/sports Medicine
- Services
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Hermitage Orthopedic/sports Medicine | Services | - | $9.99 | Lorem Ipsum | Jan 0000 |
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PROPERTY TAXES
| Parcel Number | 12-158-330-001-006 | Improvements Assessment | $403,900 |
| Land Assessment | $167,450 | Total Assessment | $571,350 |
PROPERTY TAXES
Parcel Number
12-158-330-001-006
Land Assessment
$167,450
Improvements Assessment
$403,900
Total Assessment
$571,350
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1005 Campus Cir
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