840 Helen Dr, Lebanon, PA 17042-7456
This exceptional investment opportunity presents a fully occupied, 8,100 square foot medical office building located at 840 Helen Dr, Lebanon, PA 17042. The property boasts a 100% occupancy rate with two (2) established medical tenants: Drayer Physical Therapy and Lebanon Valley Foot & Ankle, ensuring a stable and predictable income stream. The building is situated in Lebanon's medical corridor, benefiting from high visibility and convenient access for patients and staff. This net lease investment offers a compelling return with a current asking price of $1,335,000, translating to $164.81 per square foot. The property features two units within a freestanding building, zoned for Office & Institutional use. The building's strong tenancy, prime location, and stable income make it an ideal addition to any diversified real estate portfolio. This is a rare opportunity to acquire a high-performing medical office building in a thriving market. The property's solid financial performance and strategic location offer significant long-term growth potential. The net lease structure minimizes management responsibilities, making this an attractive investment for both seasoned and new investors seeking a low-maintenance, high-yield asset.
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Lebanon Valley Foot & Ankle Physician
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Seda Christopher A DPM Physician
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Drayer Physical Therapy Institute Medical Clinic
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Nicholas Lombard Physician
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Craig Ziegler Physician
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.