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106 S Claude a Lord Blvd 12,900 SF 100% Leased Office Building Pottsville, PA 17901 $5,220,650 CAD ($404.70 CAD/SF) 5.75% Cap Rate



Investment Highlights
- Absolute NNN Lease with ±14.3 Years Remaining and 2.5% Annual Rent Escalations
- Single-Tenant 12,900 SF Outpatient Medical Office on 0.88 Acres
- Tenant Pays All Expenses Directly, Including Taxes, Insurance, and Utilities
- Leased to Lehigh Valley Physician Group, Guaranteed by Jefferson Health (S&P: A)
- Investment Grade Credit with Full Corporate Guarantee from Major Health System
- Attractive Price Point with 5.75% Cap Rate and $219,216 NOI
Executive Summary
Kyle Matthews
Matthews Real Estate Investment Services, Inc
License # RB068831, RM423998 (PA)
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Matthews Real Estate Investment Services, Inc
License # RB068831, RM423998 (PA)
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Property Facts
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
12,900 SF
Building Class
B
Year Built
1980
Price
$5,220,650 CAD
Price Per SF
$404.70 CAD
Cap Rate
5.75%
NOI
$300,188 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,450 SF
Building FAR
0.34
Lot Size
0.88 AC
Zoning
C-4
Parking
53 Spaces (4.11 Spaces per 1,000 SF Leased)
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Walk Score®
Very Walkable (79)
Property Taxes
| Parcel Numbers | Improvements Assessment | $290,406 CAD | |
| Land Assessment | $85,792 CAD | Total Assessment | $376,198 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$85,792 CAD
Improvements Assessment
$290,406 CAD
Total Assessment
$376,198 CAD
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106 S Claude a Lord Blvd
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