UPMC | Everett PA

8,000 SF | Retail Building | Everett, PA 15537 | $2,675,000 ($334/SF) | 6.50% Cap Rate

Asking Price $2,675,000

Property Type: Retail
Square Feet: 8,000 SF
Price / Square Foot: $334

Listing Contacts

Matthew Gorman

Verified Profile

Michael Shover

Verified Profile

Property Info

Property Overview

CBRE IS PLEASED TO EXCLUSIVELY PRESENT FOR SALE the UPMC Primary Care Group building in Everett, Pennsylvania. Its strategic location on 2.68 acres along Raystown Road offers high visibility and easy access, with traffic counts exceeding 3,800 vehicles per day. The property benefits from proximity to major interstates and highways, specifically U.S. Route 30, I-99, which connects to State College, PA and Penn State University’s main campus, and the PA Turnpike (I-76). This section of the Turnpike sees 36,543 VPD past the city of Everett.

Property Details

Year Built/Renovated: 2008/2023
Stories: 1
Property Subtype: Freestanding, Storefront Retail/Office, Medical
Lot Size (sq. ft): 116,741 SF

Highlights

Corporately guaranteed by Community Medicine Inc., a wholly owned subsidiary of UPMC
Brand new 10-year lease with 10% rental increases every 5 years and 1 x 5yr. option to renew
Recently converted through a complete gut-renovation eliminating any deferred maintenance in the near future
Highly visible and easily accessible via Raystown Road (PA-26) which has traffic counts over 3,800 VPD
UPMC made a substantial investment into the site reducing the possibility of a vacancy in the future

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UPMC | Everett PA

8,000 SF | Retail Building | Everett, PA 15537 | $2,675,000 ($334/SF) | 6.50% Cap Rate

745 Raystown Rd
Everett, PA 15537

View Details

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