Absolute NNN Medical
106 S Claude A Lord Blvd Pottsville, PA 17901
106 S Claude A Lord Blvd, Pottsville, PA, 17901
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For Sale
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Leased medical office with an investment-grade health system and 14+ years remaining under an absolute NNN structure.
Property Size12,900 SF
Price / SF$295.54
Days on Market149
Property Features for 106 S Claude A Lord Blvd
General Information
- Standard status
- Active
- Size
- 12,900 SF
- Property subtype
- Office
Listing agency
Matthews
Listed by
Tyler Swade · License #CA 02238285
Source
Crexi
Added: Feb 23 Updated: Jul 20 at 8:19PM Checked: Jul 21 at 2:15PM
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 Matthews
Investment Insights
Based on property information with market context.
This absolute NNN medical office property is currently leased to an investment-grade health system. The offering is described as having 14+ years remaining on the lease term, providing long-dated income security for buyers seeking a stabilized NNN asset.
The property is listed for sale and totals 12,900 square feet. It is located at 106 S Claude A Lord Blvd in Pottsville, Pennsylvania (17901).
The building is positioned for NNN investors given the stated absolute NNN structure and the existing tenant in place.
The property is listed for sale and totals 12,900 square feet. It is located at 106 S Claude A Lord Blvd in Pottsville, Pennsylvania (17901).
The building is positioned for NNN investors given the stated absolute NNN structure and the existing tenant in place.
Key Highlights
- Absolute NNN medical office leased to an investment‑grade health system
- Lease term includes 14+ years remaining
- Absolute NNN structure
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $232.2k | $18.00 |
| − Vacancy | −$23.2k | −$1.80 |
| EGI | $209.0k | $16.20 |
| − OpEx | −$83.6k | −$6.48 |
| NOI | $125.4k | $9.72 |
12,900 SF · lease $18.00/SF/yr · vacancy 10.00% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$1.79M
$1.57M – $2.09M
NOI $125,388 @ 7.0% cap · market cap 3.29%
Second Best
Office B
$1.50M
$1.31M – $1.75M
NOI $104,838 @ 7.0% cap · market cap 2.75%
Theoretical Best
Office A
$1.93M
$1.69M – $2.26M
NOI $135,450 @ 7.0% cap · market cap 3.55%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Medical Office Space
Similar For Sale Nearby
Similar Off Market Nearby
- Mengle, Lora DVM — 1170 PA-61, Pottsville, PA 17901
FAQs
What type of property is this?
Medical Office Space - Leased medical office with an investment-grade health system and 14+ years remaining under an absolute NNN structure.
Where is this medical office space located?
The property is located at 106 S Claude A Lord Blvd Pottsville, PA.
What is the asking price?
The asking price for this property is $3,812,447.
What are key features of this property?
This property features: Absolute NNN medical office leased to an investment‑grade health system; Lease term includes 14+ years remaining; Absolute NNN structure