765 5th Ave Chambersburg, PA 17201-4228
- Office buildings
- 7.81 lot acres
Current Use by Public Records
- U.S. Renal Care / Dialysis Center / Medical Clinic
- Dr. Helena H. Choi, MD / Pediatrician
- Franklin Medical Consultants, LLC-Ahmad H. Khan, MD / Internist / Addiction Treatment Center
- WellSpan Nephrology - Chambersburg / Medical Clinic
- Shalanki Baiswar, MD / Nephrologist / Doctor
Property Details for 765 5th Ave
- Lot size
- 7.81 lot acres
- Property type
- Office buildings
- APN
- 02-1C-34
- APU
- 021C34
Description
This exceptional investment opportunity presents three medical office condos totaling 10,057 net rentable square feet in Chambersburg, Pennsylvania. Located at 765 5th Ave, 17201, this property boasts a strong tenant roster anchored by US Renal Care and Hanger Clinic, both national leaders in their respective fields. US Renal Care, a significant provider of dialysis services with over 400 facilities nationwide, signed a fresh 10-year lease in 2024 and has occupied the space since 1998. Hanger Clinic, a leading orthotic and prosthetic care provider with over 900 locations, has been a tenant since 2004. The property, built in 1998, offers a compelling 8.08% cap rate and a net operating income (NOI) of $91,356, with an asking price of $1,154,000 ($115/sq ft). The property's strategic location in Franklin County, near major highways like I-81, provides excellent access to Harrisburg, Washington D.C., and Baltimore. The sale includes negotiable HOA terms, allowing the buyer significant input in shaping future HOA operations. This investment offers an advantageous return and benefits from the resilient nature of healthcare real estate, making it an attractive opportunity in the current market. The remaining lease term is 6.2 years.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Chambersburg
- County
- Franklin
- State
- Pennsylvania
- Longitude
- -77.6439
- Latitude
- 39.9453
- CBSA code
- 16540
- CBSA name
- CHAMBERSBURG, PA MICROPOLITAN STATISTICAL AREA