1130 Highway 315 Blvd - Medical FOR SALE


Wilkes Barre Township, PA 18702
$3,950,000 USD
570-207-4100
1130 Highway 315 Blvd, Wilkes Barre Township, PA for Sale
$3,950,000 USD
Medical - FOR SALE
1/20
null | 7.01% Cap Rate

1130 Highway 315 Blvd
Wilkes Barre Township, PA 18702


HIGHLIGHTS

  • High visibility location with excellent regional access to highways ( I-81, PA Rte 315, PA Rte 115, PA Rte 309)
  • 3 quality tenants (2 National, 1 Regional) with ample remaining term on leases provides income stability
  • Additional 6880 RSF available to lease provides income upside potential.
  • Large lighted pylon sign at frontage entrance. 200' of frontage on busy PA Rte 315.
  • Glass entry doors with glass atrium lobby provides ample natural light.
  • Many amenities nearby (restaurants, gas/convenience, hospitality, casino, etc.)

OVERVIEW

Investment property with 3 quality tenants with substantial term remaining, occupying +/- 75% of the available rentable square feet. An additional 6880 RSF provides upside leasing potential. Financial information available upon request and submission of confidentiality agreement.

FOR SALE DETAILS

PRICE

$3,950,000 USD

PRICE/SF

$142 USD /SF

CAP RATE

7.01%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1130 PA Rte 315

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.6 AC

LAND SF

69,696 SF

ZONING

B-3 Highway Commercial

APN/PARCEL ID

50-G11S1-004-002-000

ASK ABOUT THIS PROPERTY

Griff KeeferHinerfeld Commercial Real EstateMore Info
570-207-4100

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Griff KeeferHinerfeld Commercial Real EstateMore Info
570-207-4100

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.