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1505 N Hermitage Rd - United States Veterans Affairs 14,907 SF Health Care Building Offered at $6,848,548 CAD at a 8.25% Cap Rate in Hermitage, PA 16148
Investment Highlights
- Long Term Lease Backed By United States Federal Government
Executive Summary
Lease Commencement Date:
November 1,2025
LeaseTerm:Ten{10)years firm five(5)years soft
Building Square Feet: 14,907SF
Acreage: 2.768AC
Veterans Affairs Contribution to Interior Tenant Improvements: $2,946,700
RentalIncreases:$1.50/SF rental increase in Years 6 and 11
November 1,2025
LeaseTerm:Ten{10)years firm five(5)years soft
Building Square Feet: 14,907SF
Acreage: 2.768AC
Veterans Affairs Contribution to Interior Tenant Improvements: $2,946,700
RentalIncreases:$1.50/SF rental increase in Years 6 and 11
Property Facts
| Price | $6,848,548 CAD | Building Class | B |
| Price Per Bed | $6,848,548 CAD | Lot Size | 2.36 AC |
| Sale Type | Investment | Building Size | 14,907 SF |
| Cap Rate | 8.25% | No. Beds | 1 |
| Sale Condition | Build to Suit | No. Stories | 1 |
| Property Type | Health Care | Year Built | 2025 |
| Price | $6,848,548 CAD |
| Price Per Bed | $6,848,548 CAD |
| Sale Type | Investment |
| Cap Rate | 8.25% |
| Sale Condition | Build to Suit |
| 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 |
Room Mix Information
| Description | No. Beds |
|---|---|
| - | 1 |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 11-145-056 | Improvements Assessment | $0 CAD |
| Land Assessment | $34,311 CAD | Total Assessment | $34,311 CAD |
Property Taxes
Parcel Number
11-145-056
Land Assessment
$34,311 CAD
Improvements Assessment
$0 CAD
Total Assessment
$34,311 CAD
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1505 N Hermitage Rd - United States Veterans Affairs
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