201 Mary Higginson Ln Uniontown, PA 15401
High-yield, multi-tenant medical building.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 134
Highlights
- 13,067 SF multi-tenant medical office building with recent renovations exceeding $200,000.
- NNN-leased property with DaVita Dialysis and WVU Medicine as tenants, both recently extending their leases.
- 7.75% cap rate and 8.25% cash-on-cash return.
- Annual rent increases: 1.5% for DaVita; greater of 3% or CPI for WVU Medicine.
- Strong market demographics: 73,000+ population within a 10-mile radius, located 1.7 miles from WVU Uniontown Hospital.
- Synergistic tenancy in a thriving medical hub with no vacancies in the immediate area.
Property Details for 201 Mary Higginson Ln
- Property type
- Office properties, Medical offices
- Square Feet
- 13,067 SF
Location Insight
- City
- Uniontown
- County
- Fayette
- State
- Pennsylvania
- Latitude
- 39.9107355
- Longitude
- -79.7557522
Nearby Similar for Sale
FAQs
- What type of property is this?
- Office property - High-yield, multi-tenant medical building.
- Where is the office property located?
- The property is located at 201 Mary Higginson Ln Uniontown, PA.
- What is the asking price?
- The asking price for this property is $2,753,000.
- What are key features of this property?
- This property features: 13,067 SF multi-tenant medical office building with recent renovations exceeding $200,000.; NNN-leased property with DaVita Dialysis and WVU Medicine as tenants, both recently extending their leases.; 7.75% cap rate and 8.25% cash-on-cash return.
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