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Medical Office Portfolio 4 Office Properties in Carlisle, PA



Investment Highlights
- Four-building medical office portfolio in Carlisle’s core healthcare corridor.
- Located adjacent to UPMC Carlisle Hospital and WellSpan Carlisle Hospital.
- Approximately 98% occupancy with institutional anchors and regional specialists.
- Tenants include UPMC, Penn State Health, and national healthcare providers.
- Lease term stability with commitments through 2036 and staggered expirations.
- Properties total ±68,706 SF, delivering diversified income and strong cash flow.
Executive Summary
This premier healthcare-driven portfolio presents four medical and professional office buildings strategically positioned in Carlisle’s established medical corridor. Totaling approximately 68,706 SF, this portfolio is anchored by a mix of institutional healthcare operators and professional service firms, ensuring stability and predictable cash flow. The locations benefit from close proximity to UPMC Carlisle Hospital and the newly opened WellSpan Carlisle Hospital, creating a built-in referral network and strong synergies within the submarket.
The tenant base includes leading names such as UPMC, Penn State Health, US Renal Care, DaVita, Gentiva, Drayer Physical Therapy, Horizon Eye Care, and other providers. Lease agreements extend through 2036 with staggered expirations, mitigating rollover exposure and promoting long-term stability. Supported by growing regional healthcare demand, limited availability of quality medical office space, and population expansion across Cumberland County, this offering presents a rare acquisition opportunity for investors seeking healthcare-focused assets along one of Central Pennsylvania’s most concentrated service corridors.
The tenant base includes leading names such as UPMC, Penn State Health, US Renal Care, DaVita, Gentiva, Drayer Physical Therapy, Horizon Eye Care, and other providers. Lease agreements extend through 2036 with staggered expirations, mitigating rollover exposure and promoting long-term stability. Supported by growing regional healthcare demand, limited availability of quality medical office space, and population expansion across Cumberland County, this offering presents a rare acquisition opportunity for investors seeking healthcare-focused assets along one of Central Pennsylvania’s most concentrated service corridors.
Property Facts
| Sale Type | Investment | Individually For Sale | 0 |
| Status | Active | Total Building Size | 69,255 SF |
| Number of Properties | 4 | Total Land Area | 7.80 AC |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 0 |
| Total Building Size | 69,255 SF |
| Total Land Area | 7.80 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Penn State Health Medical Group - Jennifer Ct
3 Jennifer Ct, Carlisle, PA 17015 |
Office | 21,010 SF | 2005 | - |
| 419 Village Dr, Carlisle, PA 17015 | Office | 21,000 SF | 1995 | - |
|
Carlisle Medical Building I
2 Jennifer Ct, Carlisle, PA 17015 |
Office | 17,800 SF | 2006 | - |
| 417 Village Dr, Carlisle, PA 17015 | Office | 9,445 SF | 2004 | - |
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Medical Office Portfolio
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