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125 Home Depot Dr - VETERANS AFFAIRS OUTPATIENT CENTER 17,136 SF Health Care Building Offered at $4,138,000 at a 8% Cap Rate in Franklin, PA 16323
INVESTMENT HIGHLIGHTS
- Lease Commencement Date: April 1, 2023
- Building Square Feet: 15,000 SF Acreage: 2.8 AC
- Rental Increases: Years 1-5 : $495,685.02 Years 6-10: $483,120.55 Years 11-20: $513,141.85 (soft term)
- Lease Term: Ten {10) Years Firm; Ten (10) Years Soft
- Veterans Affairs Contribution to Interior Tenant improvements: $2,433,047
EXECUTIVE SUMMARY
Franklin, Pennsylvania, located in Venango County, is a historic city known for its charming downtown and strong sense of community. Positioned near major routes like U.S. 322 and Route 8, Franklin offers convenient access to nearby markets, making it attractive for business and commercial development. The local economy includes healthcare, manufacturing, and tourism, providing a stable base for growth. Opportunities for commercial real estate are available in retail, office, and mixed-use spaces, particularly in the revitalized downtown area. With affordable property, supportive local leadership, and ongoing development efforts, Franklin presents a solid opportunity for commercial real estate investment.
PROPERTY FACTS
| Price | $4,138,000 | Lot Size | 2.17 AC |
| Price Per Bed | $4,138,000 | Building Size | 17,136 SF |
| Sale Type | Investment | No. Beds | 1 |
| Cap Rate | 8% | No. Stories | 1 |
| Property Type | Health Care | Year Built | 2025 |
| Building Class | A | Parking Ratio | 3.97/1,000 SF |
| Price | $4,138,000 |
| Price Per Bed | $4,138,000 |
| Sale Type | Investment |
| Cap Rate | 8% |
| Property Type | Health Care |
| Building Class | A |
| Lot Size | 2.17 AC |
| Building Size | 17,136 SF |
| No. Beds | 1 |
| No. Stories | 1 |
| Year Built | 2025 |
| Parking Ratio | 3.97/1,000 SF |
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,703,520 | |
| Land Assessment | $216,000 | Total Assessment | $1,919,520 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$216,000
Improvements Assessment
$1,703,520
Total Assessment
$1,919,520
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125 Home Depot Dr - VETERANS AFFAIRS OUTPATIENT CENTER
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