325 W Broad St - Lehigh Valley Health Network MOB 17,130 SF Health Care Building Offered at $5,000,000 at a 7.11% Cap Rate in Bethlehem, PA 18018

321–325 West Broad Street is a 17,130 RSF, single-tenant Medical Outpatient Building that is 100% leased to Lehigh Valley Health Network (LVHN), which carries an investment grade credit rating of “S&P: A”, under NNN lease terms.
The MOB is located approximately 2.5 miles from Lehigh Valley Hospital – Muhlenberg, a 238-bed acute care hospital that is currently undergoing a $95 million expansion. The project will add 153 beds and approximately 93,500 square feet and is scheduled for completion in Fall 2026. The proximity to this major hospital campus reinforces the Property’s integration within LVHN’s broader care network and supports ongoing referral patterns and patient demand.
The Property was redeveloped in 2013, with the original structure demolished and replaced with a purpose-built medical facility. LVHN funded the interior buildout, reinforcing long-term tenancy and operational commitment to the location. The asset provides a stable, credit-backed income stream supported by an investment-grade health system.
The Property operates as a multi-specialty outpatient facility within LVHN’s network. The 1st floor houses women’s health, primary care, and internal medicine. The 2nd floor is dedicated to pediatrics and is affiliated with Lehigh Valley Reilly Children’s Hospital. The 3rd floor is fully occupied by OB/GYN services and has a procedure room to perform minor surgical procedures. The building’s configuration supports a comprehensive care delivery model, driving consistent patient volumes and serving as a critical access point for outpatient services in the Bethlehem submarket.
In 2024, LVHN merged with Jefferson Health, forming one of the 15 largest nonprofit health systems in the United States and the second largest in Pennsylvania. The combined organization has expanded clinical capabilities, geographic reach, and operational scale, further strengthened the underlying credit profile and positioning the system for continued outpatient growth.
The Property is situated within a well-established healthcare corridor in Bethlehem, surrounded by a dense concentration of medical providers, including St. Luke’s University Hospital – Bethlehem Campus. The surrounding area includes a mix of primary care practices, specialty clinics, and outpatient facilities, supported by strong residential density, access to regional transportation routes, and proximity to downtown Bethlehem.