42 Sunbury StMinersville, PA 17954

Property Details for 42 Sunbury St

Year built

1997

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.34 AC

Property size (Sq ft)

2,232 SF

Property type

Healthcare properties

Property subtype

Medical offices

APN

52-06-0001.000

APU

52060001000

Description

This exceptional investment opportunity presents a 2,232 square foot medical office building located at 42 E Sunbury Street, Minersville, PA 17954, in Schuylkill County. The property boasts a prime location at a highly visible, lighted intersection, considered the main corner in Minersville. Currently 100% occupied by Schuylkill Dental Medicine P.C. under a triple-net (NNN) lease, this single-tenant building offers a stable income stream. The lease commenced March 2, 2022, with a remaining term of 6.2 years and includes two five-year renewal options. Built in 1997, the one-story building sits on a 0.34-acre lot. The lease features annual rent bumps of 2%, ensuring consistent growth in rental income. The strong, long-term lease demonstrates the tenant's commitment and the desirability of the location for dental services. The Net Operating Income (NOI) is $49,286. This stabilized investment offers a compelling opportunity for long-term passive income generation in a desirable location. The property's size, location, and lease terms make it an attractive addition to any portfolio.

• CAP approach

  CAP return

  Valuation

  6%

  $344,509

  6.5%

  $318,008

  7%

  $295,294

• Comparable approach

  Method

  Valuation

  Relative Method

  $171,149

  Geo Method

  $291,633

• Alternative Use

  Use

  Valuation

  Residential

  $394,331

  Hospitality

  $361,205

  Educational

  $300,518

  Medical

  $310,853

  Retail

  $467,472

Location Insight

City

Minersville

County

Schuylkill

State

Pennsylvania

Latitude

40.6905

Longitude

-76.2568

CBSA code

39060

CBSA name

POTTSVILLE, PA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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