Building Details

Tenancy Single

Listing Agency: SRS Real Estate Partners Newport Beach p***@srsre.com Show Phone

Listed By: Matthew Mousavi · License #CA 01732226

Source: Crexi

Added: Apr 10 Changed: Aug 30 Last Checked: Aug 30 at 7:10AM

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Investment Insights

Based on property information with market context.

This fee-simple healthcare property includes the land and building occupied by Concentra Urgent Care. The asset is subject to a NNN lease recently extended for an additional 10-years, with 1 (5-Year) option period available to the tenant. Contractual rent increases are set at 2% annually during the initial term, and the lease carries a corporate guarantee.

Located at 268 Highland Park Boulevard in Wilkes-Barre Township, the property fronts Highland Park Boulevard, which records 5,200 VPD. The site is described as having visibility and access from the boulevard. Landlord obligations are limited to specified building and site components, including the roof, exterior and load-bearing walls, driveways, sidewalks, gutters and downspouts, and utility systems entering the building.

Key Highlights

• Fee‑simple interest includes the land and building
• NNN lease recently extended for an additional 10‑years
• 1 (5‑Year) option period to extend

Property Analytics

Property Profile

Current Use

Dr. Thomas J. ... Physician Concentra Urgent Care Occupational Health Service Christine Crooks Physician Joanne Allen Physician Francis Cantafio Physician

Suggested Use

Top Pick Real Estate Agency Electrical Service Law Firm Garden Center Veterinary Clinic HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5,200 VPD

Traffic count

Single-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

753

Businesses Nearby

Explore this area Business Placement

Demographics for 18702, PA

42,133

Population

19,738

Households

2.1

Avg Household Size

40

Median Age

23%

College-Educated

87%

High-School Grad

78.1 sq mi

ZIP Area

539

Density / Sq Mi

$54,892

Median Household Income

$36,911

Median Earnings

$971

Median Rent

$115,700

Median Home Value

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Frequently Asked Questions

What type of property is this?

NNN property - Corporate-guaranteed occupancy includes a recently extended lease, annual escalations, and a five-year renewal option.

Where is this nnn property located?

The property is located at 268 Highland Park Boulevard Wilkes Barre Township, PA.

What are key features of this property?

This property features: Fee‑simple interest includes the land and building; NNN lease recently extended for an additional 10‑years; 1 (5‑Year) option period to extend