Michael Baxter & Associates Commercial Real Estate
1992 West Main St. Stroudsburg, PA 18360
P: (570) 421-7466 • (800) 930-9788
F: (570) 421-7844
info@baxcommercial.com

100% Commercial, 100% of the Time

Listing

Brian K. Coyne


Office Phone:
(570) 421-7466x242


Contact Advisor

PM-78276

400 Plaza Ct., Ste A , East Stroudsburg, PA 18301


Property Description

Single Tenant Triple Net Medical Office Condo. Over six years remain on lease with strong regional health care provider, Lehigh Valley Health Network - Pocono. In 2019, LVHN was rated ''Aa1'' by Moody's.Current rent is $5,107 per month on a triple net basis, netting $61,290 per year. Rent increases six percent beginning January 1st, 2022.Beautiful, well-maintained office condominium in the center of the medical arts community. Building contains a total of approximately 13,600 square feet and three separately deeded commercial condominiums. The other two units are owned and occupied by LVHN. REF#2695-IV

Property Directions

BASIC PROPERTY INFORMATION

Property Information


MLS# - PM-78276
Listing & Location Information
County: Monroe
Municipality/ Twnshp: Smithfield Township
List Price: $875,000.00
Zoning Code: C-1

Property Features

Sewer: Public
Total SqFt.: 2700.00
Total Acres: 1.81