This exceptional 5,100 square foot Class A office building, located at 2526 Wilmington Rd, New Castle, PA 16105, presents a compelling investment opportunity. The single-story, 2009-built structure, renovated in 2018, sits on a 0.72-acre lot (125 x 315 ft) and features a maintenance-free brick exterior. Currently 100% occupied since September 1, 2023, by a credit-rated medical tenant under an absolute NNN lease, this property generates a strong NOI of $69,999, resulting in a 10.37% cap rate. The interior boasts a reception area, six exam rooms, two offices, a break room, utility room, and dedicated spaces for X-ray, imaging, mammography, ultrasound, and CAT scan. Additional features include a large waiting room, a physician's office suitable for two physicians, a large illuminated sign, and ample parking for 28 vehicles. The property is zoned C-2 and offers a price per square foot of $132.35 and a total asking price of $675,000. This turnkey investment is ideal for owner-operators seeking a stable, high-return asset in a desirable location. All information is deemed reliable but not guaranteed.
Highlights
5,100 SF Class A office building on 0.72-acre lot in New Castle, PA.
Single-story, 2009 construction, renovated in 2018, with maintenance-free brick exterior.
100% occupied by credit-rated medical tenant under an absolute NNN lease since September 1, 2023.
Strong NOI of $69,999, resulting in a 10.37% cap rate; asking price $675,000 ($132.35/SF).
Features include ample parking (28 spaces), large waiting room, six exam rooms, and medical equipment spaces (X-ray, imaging, mammography, ultrasound, CAT scan).
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Jim Schons
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2526 Wilmington Rd, New Castle, Pennsylvania, 16105
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The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
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2526 Wilmington Rd
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