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1505 N Hermitage Rd 14,907 SF Health Care Building Offered at $6,858,628 CAD at a 8.05% Cap Rate in Hermitage, PA 16148

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 | $6,858,628 CAD | Lot Size | 2.36 AC |
| Price Per Bed | $6,858,628 CAD | Building Size | 14,907 SF |
| Sale Type | Investment | No. Beds | 1 |
| Cap Rate | 8.05% | No. Stories | 1 |
| Property Type | Health Care | Year Built | 2025 |
| Building Class | B |
| Price | $6,858,628 CAD |
| Price Per Bed | $6,858,628 CAD |
| 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 |
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PROPERTY TAXES
| Parcel Number | 11-145-056 | Improvements Assessment | $0 CAD |
| Land Assessment | $34,760 CAD | Total Assessment | $34,760 CAD |
PROPERTY TAXES
Parcel Number
11-145-056
Land Assessment
$34,760 CAD
Improvements Assessment
$0 CAD
Total Assessment
$34,760 CAD
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1505 N Hermitage Rd
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