Medical Clinic Leased by
101 IRMC Drive Indiana, PA 15701
101 IRMC Drive, Indiana, PA, 15701
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For Sale
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Newly constructed medical clinic leased to U.S. Department of Veterans Affairs.
Property Size14,801 SF
Price / SF$656.24
Days on Market61
Property Features for 101 IRMC Drive
General Information
- Standard status
- Active
- Size
- 14,801 SF
- Property subtype
- Office
Building Details
- Year Built
- 2025
Listing Agency
Newmark - Philadelphia
Listed by
David Dolan · License #PA AB050785L
Source
Crexi
Added: May 19 Checked: Jul 13 at 4:02 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Newmark - Philadelphia
Investment Insights
Based on property information with market context.
This newly constructed, purpose-built medical outpatient clinic is leased by the U.S. Department of Veterans Affairs. The single-story, 14,801 NUSF Community-Based Outpatient Clinic was built to VA specifications. It operates under a fifteen-year lease, which includes a ten-year firm term and a five-year soft term, with the lease commencing in July 2025. The lease incorporates contractual 7.25% shell rent escalations every five years and annual 1.85% increases to operating cost reimbursements. Serving as a primary care hub for the James E. Van Zandt VA Medical Center, the facility provides comprehensive outpatient services to veterans across Indiana County and the surrounding region. These services include PACT team primary care, mental health, audiology, women's health, eye care, physical therapy, laboratory services, and telehealth capabilities.
Key Highlights
- Newly constructed (2025) purpose‑built medical outpatient clinic leased to the U.S. Department of Veterans Affairs (VA).
- Features a 15‑year lease (10‑year firm, 5‑year soft) with lease commencement in July 2025.
- Contractual 7.25% shell rent escalations every five years.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Medical Office Space
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FAQs
What type of property is this?
Medical Office Space - Newly constructed medical clinic leased to U.S. Department of Veterans Affairs.
Where is this medical office space located?
The property is located at 101 IRMC Drive Indiana, PA.
What is the asking price?
The asking price for this property is $9,713,000.
What are key features of this property?
This property features: Newly constructed (2025) purpose‑built medical outpatient clinic leased to the U.S. Department of Veterans Affairs (VA).; Features a 15‑year lease (10‑year firm, 5‑year soft) with lease commencement in July 2025.; Contractual 7.25% shell rent escalations every five years.
