42 Sunbury StMinersville, PA 17954

For Sale
Call for price

Stable Medical Office, NNN Lease, High Visibility

Overview

Added:
Dec 11, 2024
Days on market:
94
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.

Highlights

  • 2,232 SF medical office building in Minersville, PA.
  • Located at a highly visible, lighted intersection.
  • 100% occupied by Schuylkill Dental Medicine P.C. under a NNN lease.
  • 6.2 years remaining on the lease with two 5-year renewal options.
  • Built in 1997, situated on a 0.34-acre lot.
  • Annual rent increases of 2%.

Property Details for 42 Sunbury St

Property type
Other retail properties, Other office properties
Square Feet
2,232 SF
Year Built
1997
Stories
1
Lot Size (sq. ft)
14,810 SF

Location Insight

City
Minersville
County
Schuylkill
State
Pennsylvania
Latitude
40.6905576
Longitude
-76.256828
42 Sunbury St, Minersville, Pennsylvania

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42 Sunbury St
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