11200 Perry Hwy - U.S. Veterans Affairs Outpatient Center 14,004 SF Health Care Building Offered at $6,472,175 CAD at a 8% Cap Rate in Meadville, PA 16335

Introducing the UNITED STATES VETERANS AFFAIRS OUTPATIENT CENTER IN MEADVILLE, PA, a prime investment opportunity located at 11200 Perry Highway, Meadville, PA 16335. This state-of-the-art facility boasts 14,004 SF of space on 2.5 acres and offers a secure income stream with a lease commencement date beginning May 1, 2024. With a 10-year firm lease term and an additional 10-year soft term, this property guarantees stability for investors. The Veterans Affairs contribution to interior tenant improvements of $2,553,024 eases any future upgrade costs. Rental increases of $1.50/SF every five years promise growth potential. Priced at $4,674,000 with a cap rate of 8.0%, this property offers a lucrative return on investment. Don't miss out on this opportunity to acquire a premium property with a strong tenant in place, generating a consistent cash flow over a 20-year period!