Single Tenant Net Lease Medical Building
875 Norman Drive Lebanon, PA 17042
Sale Price: $5,250,000
Lot Size: 2.0 +/- Acres
Total SF: 516,312 +/- SF
Cap Rate: 6.50%
Medical STNL Investment opportunity in Lebanon, PA including a new 10-year lease with the region’s premiere Eye-Care and Ophthalmology Practice as the single tenant occupant. Tenant’s practice is well-established and has significant tenure at this location which is nestled in the center of Lebanon’s strongest medical cluster. The immediate area has recently been the beneficiary of numerous national retailer additions including Panera Bread, Starbucks, MOD Pizza, and many others.
Located on a corner parcel with frontage on along both Tuck Street and Norman Drive this approximately 2.0 acre lot is surrounded by top medical providers including, WellSpan Health,
Penn Medicine, Manor Care, Urology Associates of Lebanon, and many more.
The approximately 16,312 SF +/- building was specifically designed for the tenant and includes the primary features of a modern medical building such as, dedicated physician/staff entry, portecochere patient drop-off and pick-up, excellent parking both in capacity and design, and also strong architecture features with aesthetically pleasing building lines and integrated landscape.
Medical STNL Investment Opportunity
Includes a new 10-year lease with the region's premiere eye-care and ophthalmology practive
Darin R. Wolfe
Ted Hummel, CCIM, EIPS, E-Pro