

3124 WILMINGTON RD NEW CASTLE PA 16105-1100
Value Add | UPMC & AHN Anchored | Medical Office | 79% Occupied | 8.80% CAP
Marketing description
Zeustra Healthcare Real Estate Advisors is pleased to present the exclusive opportunity to acquire Mayzon Health Center, located at 3124 Wilmington Road in New Castle, Pennsylvania — a strategically positioned outpatient medical office building serving the greater Lawrence County healthcare market. The property is anchored by two dominant regional healthcare systems, UPMC and Allegheny Health Network, which collectively occupy approximately 47% of the building through UPMC-affiliated specialties and AHN Cancer Institute operations.
UPMC currently occupies approximately 27% of the property and has demonstrated a long-term commitment to the location through continued operational expansion within the building. Most recently, UPMC expanded into an additional 2,600 square feet and executed a new 5-year lease term for ENT services, further reinforcing the strategic importance of the facility within its regional outpatient network. UPMC’s tenancy within the building also includes community medicine and cardiology services, creating a diversified outpatient healthcare presence that generates recurring patient traffic and enhances the property’s long-term stability.
AHN Cancer Institute occupies approximately 20% of the property and operates a comprehensive outpatient oncology platform offering medical oncology, infusion therapy, immunotherapy, and coordinated cancer care services. The institute’s specialized clinical infrastructure, integrated patient support programs, and mission-critical oncology operations create significant tenant investment and operational stickiness within the asset.
Strategically located approximately 2.5 miles from UPMC Jameson, the property benefits from strong healthcare connectivity and proximity to one of the region’s primary acute care hospitals. The surrounding medical corridor supports continued outpatient demand and positions the asset as an important extension of the area’s healthcare delivery infrastructure.
Currently 79% occupied, Mayzon Health Center presents investors with a compelling value-add opportunity through the lease-up of existing vacant suites. The available space is substantially built out for medical use, offering prospective tenants highly functional turnkey medical suites that can significantly reduce downtime, tenant improvement costs, and lease-up friction. This creates meaningful upside potential through occupancy growth and future NOI expansion while maintaining durable in-place income from nationally recognized healthcare providers.
The combination of institutional healthcare tenancy, recent expansion activity by UPMC, mission critical oncology services, proximity to a major regional hospital, and embedded lease-up potential positions Mayzon Health Center as an attractive outpatient medical office investment opportunity within a stable and healthcare-driven market.
Investment highlights
- 40,059-square-foot multi-tenant medical office building anchored by UPMC and Allegheny Health Network, which collectively occupy approximately 47% of the property.
- UPMC recently expanded operations by an additional 2,600 square feet and executed a new 5-year lease term for ENT services, demonstrating continued long-term commitment to the location.
- Existing tenancy includes community medicine, cardiology, oncology, and infusion therapy services, creating durable outpatient healthcare demand and recurring patient traffic.
- Currently 79% occupied with upside potential through lease-up of existing vacant suites, many of which are already built out for medical users.
- Diverse tenant mix of complementary healthcare providers supports stable occupancy and long-term cash flow durability.
- Strategically located approximately 2.5 miles from UPMC Jameson, reinforcing the property’s position within the regional healthcare corridor.
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