NN+ Leased Medical
For Sale
Contact for pricing
525 E West Street, Wind Gap, PA 18091
Fee simple medical property with NN+ terms and corporate-guaranteed Fresenius Medical Care lease extensions.
Property SizeContact for details
Days on Market123
Property Features for 525 E West Street
General Information
Standard status
Active
Property subtype
Retail, Office
Site & Location
Traffic Count
16,500 vehicles/day
Road Access
Yes
Listing Agency:
SRS Real Estate Partners Newport Beach
(480) 221-4221
Listed By:
Matthew Mousavi · License #CA 01732226
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 23 at 7:40AM
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 SRS Real Estate Partners Newport Beach
Investment Insights
Based on property information with market context.
Fee simple ownership is offered for a NN+ leased medical investment property occupied by Fresenius Medical Care. The tenant, Bio-Medical Applications of Pennsylvania, Inc., d.b.a. Fresenius Medical Care Slatebelt, recently exercised a fourth 5-year lease extension and has one remaining 5-year option. The lease includes annual 2% rental increases throughout the option period.
The property is positioned at a hard corner intersection on E. West Street and Longcore Road, just off 5. Broadway, described as the city of Wind Gap’s primary thoroughfare. It is also stated to be less than 2 miles from State Highway 33.
The NN+ structure limits landlord responsibilities to roof and structure, HVAC, and capped CAM and parking lot maintenance. The location is described as being near the primary retail corridor serving the local community, with nearby national/credit tenants including CVS Pharmacy, Dollar Tree, K-Mart, and NAPA Auto Parts. The remarks also note the only Fresenius Medical Care or DaVita within a 13-mile radius.
The property is positioned at a hard corner intersection on E. West Street and Longcore Road, just off 5. Broadway, described as the city of Wind Gap’s primary thoroughfare. It is also stated to be less than 2 miles from State Highway 33.
The NN+ structure limits landlord responsibilities to roof and structure, HVAC, and capped CAM and parking lot maintenance. The location is described as being near the primary retail corridor serving the local community, with nearby national/credit tenants including CVS Pharmacy, Dollar Tree, K-Mart, and NAPA Auto Parts. The remarks also note the only Fresenius Medical Care or DaVita within a 13-mile radius.
Key Highlights
- Fee simple ownership (land and building) of a NN+ leased medical property with corporate‑guaranteed Fresenius Medical Care
- Tenant Bio‑Medical Applications of Pennsylvania, Inc. d.b.a. Fresenius Medical Care Slatebelt recently exercised their fourth 5‑year lease extension and has 1 (5‑year) option remaining
- Lease includes annual 2% rental increases throughout the remainder of the option period
Property Analytics
Current Use
Lease Details
16,500 VPD
Traffic count
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
311
Businesses Nearby
Explore this area
Business Placement
Demographics for 18091, PA
5,767
Population
2,585
Households
2.2
Avg Household Size
46
Median Age
28%
College-Educated
92%
High-School Grad
14.8 sq mi
ZIP Area
390
Density / Sq Mi
$78,042
Median Household Income
$45,855
Median Earnings
$1,290
Median Rent
$249,800
Median Home Value
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Frequently Asked Questions
What type of property is this?
Medical center - Fee simple medical property with NN+ terms and corporate-guaranteed Fresenius Medical Care lease extensions.
Where is this medical center located?
The property is located at 525 E West Street Wind Gap, PA.
What are key features of this property?
This property features: Fee simple ownership (land and building) of a NN+ leased medical property with corporate‑guaranteed Fresenius Medical Care; Tenant Bio‑Medical Applications of Pennsylvania, Inc. d.b.a. Fresenius Medical Care Slatebelt recently exercised their fourth 5‑year lease extension and has 1 (5‑year) option remaining; Lease includes annual 2% rental increases throughout the remainder of the option period
