920 Washington Blvd Williamsport, PA 17701-3632

Property Details for 920 Washington Blvd

Year built

2007

Lot size

0.58 lot acres

Property size

7,384 SF

Zone code

COMM

Property type

Specialty properties

APN

61+,004.0-0406.00-000+

APU

610040040600000

Description

This exceptional investment opportunity presents a 7,384 square foot retail property in Williamsport, Pennsylvania, currently leased to NVA Golden Strip Veterinary Management, LLC, the nation's largest Veterinary Service Organization (VSO). The property boasts a 15-year net lease (commencing June 26, 2022, expiring June 25, 2037), offering a substantial remaining lease term of 13 years. The lease includes built-in rent increases of 10% in 2027 and 2032, providing excellent protection against inflation. The property features a 6.50% cap rate and a strong net operating income (NOI) of $99,684, with a price per square foot of $207.69. Built in 2007 and renovated in 2022, this single-tenant property sits on a 0.58-acre lot and includes 30 parking spaces. Located at 920 Washington Blvd, Williamsport, PA 17701, the property benefits from a prime location within a community of over 58,000 people within a 5-mile radius. The property is zoned C and enjoys 100% occupancy. This is a rare opportunity to acquire a stable, high-performing asset within a growing market, anchored by a financially robust and reputable national tenant. The Williamsport Animal Hospital is the only VSO-operated facility among only three veterinary clinics in the area. NVA's commitment to a doctor-centric approach ensures the long-term success of this valuable asset.

Location Insight

City

Williamsport

County

Lycoming

State

Pennsylvania

Longitude

-76.9862

Latitude

41.2482

CBSA code

48700

CBSA name

WILLIAMSPORT, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments