For Sale
$1,700,000

410 Hansen AveLyndora, PA 16045

Lyndora, PA: 14,000 SF Medical Office

Overview

Added:
Dec 11, 2024
Days on market:
114
This 14,000 square foot, Class B medical office building in Lyndora, Pennsylvania, presents a compelling investment opportunity. Located on a 0.97-acre lot at a high-traffic intersection, the property boasts 25 parking spaces and excellent visibility. Built in 1994 and renovated in 2011, the single-story building currently houses three established medical tenants under a modified lease with a remaining term of 4.1 years (commencing January 1, 2024, and expiring December 31, 2028). The property enjoys 100% occupancy, generating a strong NOI of $141,200 and an 8.31% cap rate. Over $600,000 has been invested in tenant improvements over the past decade. The property is zoned commercial and offers a stable tenancy with established medical practices. Lease details are available upon execution of a Non-Disclosure Agreement. This is a turnkey investment with significant upside potential in a desirable location, neighboring Speedway Gas Station and Ellis Automotive. The asking price is $1,700,000. Further financial information is available under a Non-Disclosure Agreement.

Highlights

  • Triple-net leased to three established medical tenants.
  • Recent substantial tenant improvements increase value and functionality.
  • High-visibility location at a busy intersection ensures strong accessibility.

Property Details for 410 Hansen Ave

Property type
Office properties, Medical offices
Square Feet
14,000 SF
Class
B
Year Built/Renovated
1994/2011
Buildings
1
Stories
1
Lot Size (sq. ft)
42,253 SF
Units
3

Location Insight

City
Lyndora
County
Butler
State
Pennsylvania
Latitude
40.8594797
Longitude
-79.9113992
410 Hansen Ave, Lyndora, Pennsylvania

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410 Hansen Ave
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