Property profile

42 Sunbury St Minersville, PA 17954

OFF-MARKET
Medical Office Space
Property ID
US73-5265273
2,232 SF 0.34 ac lot Built 1997
Entity Owned 9-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 2,232 square foot medical office building located at 42 E Sunbury Street, Minersville, PA 17954, in Schuylkill County. The property boasts a prime location at a highly visible, lighted intersection, considered the main corner in Minersville. Currently 100% occupied by Schuylkill Dental Medicine P.C. under a triple-net (NNN) lease, this single-tenant building offers a stable income stream. The lease commenced March 2, 2022, with a remaining term of 6.2 years and includes two five-year renewal options. Built in 1997, the one-story building sits on a 0.34-acre lot. The lease features annual rent bumps of 2%, ensuring consistent growth in rental income. The strong, long-term lease demonstrates the tenant's commitment and the desirability of the location for dental services. The Net Operating Income (NOI) is $49,286. This stabilized investment offers a compelling opportunity for long-term passive income generation in a desirable location. The property's size, location, and lease terms make it an attractive addition to any portfolio.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1997
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,232 SF
Lot 0.34 ac (14,810 SF)
APN 52-06-0001.000
UPID US73-5265273

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Dental Office
  • Dental Office

Location

42 Sunbury St Minersville, PA 17954-1700
Minersville metro Census 1500 POTTSVILLE, PA MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

since 2016
2 recorded transactions
2016
$230,000
2005
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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