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1505 N Hermitage Rd 14,907 SF Health Care Building Offered at $4,999,000 at a 8.05% Cap Rate in Hermitage, PA 16148

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EXECUTIVE SUMMARY

Introducing the UNITED STATES VETERANS AFFAIRS OUTPATIENT CENTER IN HERMITAGE, PA, a prime investment opportunity located at 1505 N Hermitage Road, Hermitage, PA 16148. This property boasts a high-profile tenant with an anticipated Lease Commencement Date of September 1, 2025, and a lease term of ten years firm WITH NO EARLY TERMINATION OPTIONS, and an additional five years soft. Situated on 2.768 acres, the building spans 14,907 square feet, with the Veterans Affairs contributing $2,946,700 to interior tenant improvements. Priced at $4,999,000 with a cap rate of 8.05%, this investment promises a solid income stream, with a 15-year cash flow projection demonstrating consistent returns. The property includes various amenities and services, with operating expenses comprehensively outlined for ease of reference. Don't miss out on this outstanding opportunity to own a medical facility occupied by the United States Government, one of the highest credit rated tenants in the World!

PROPERTY FACTS

Price $4,999,000
Price Per Bed $4,999,000
Sale Type Investment
Cap Rate 8.05%
Property Type Health Care
Building Class B
Lot Size 2.36 AC
Building Size 14,907 SF
No. Beds 1
No. Stories 1
Year Built 2025

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
11-145-056
Land Assessment
$25,050
Improvements Assessment
$0
Total Assessment
$25,050
  • Listing ID: 36541455

  • Date on Market: 6/30/2025

  • Last Updated:

  • Address: 1505 N Hermitage Rd, Hermitage, PA 16148

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