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33157236
33157264

400 W BUTLER ST, MERCER, PA 16137-1090

NM
PA PA RS322215
Zeustra Inc
Listed by Zeustra Inc
$950,000
12 days on market
Updated 12 days ago

Allegheny Health Network | STNL | Medical Office Building

Details
APN 65 580 076
Property Type Office
Sub Type Medical Office
Square Footage 7,516
Net Rentable (SqFt) 7,516
Cap Rate 12.22%
NOI $116,122
Occupancy 100%
Tenancy Single
Lease Type NNN
Price per SqFt $126
Class B
Lot Size (SqFt) 8,856
Investment Type Stabilized
Tenant Credit Credit Rated
Ownership Fee Simple

Allegheny Health Network | STNL | Medical Office Building

Marketing description

Zeustra Healthcare Real Estate Advisors is pleased to present the exclusive opportunity to acquire 400 W Butler Street in Mercer, Pennsylvania — a 100% occupied, single-tenant medical office investment leased to Allegheny Health Network (AHN), one of the leading healthcare systems in Western Pennsylvania and a subsidiary of Highmark Health. Offered at a list price of $950,000, the property represents an attractive 12.22% capitalization rate and provides investors with durable in-place cash flow backed by an institutional healthcare tenant.

The property is occupied by AHN Primary Care under a net lease structure currently running through December 31, 2026. Ownership is actively exploring a lease renewal with the tenant, presenting investors with the opportunity to potentially secure extended lease term while maintaining occupancy with a well-established regional healthcare provider. AHN’s continued expansion of outpatient and community-based healthcare services throughout Western Pennsylvania further supports the strategic importance of this location within the health system’s network.

Strategically located in Mercer, Pennsylvania, the property serves as an important outpatient healthcare destination for the surrounding community and benefits from its accessibility within the region. As a primary care location operated by Allegheny Health Network, the asset provides essential healthcare services that generate consistent patient traffic and support long-term operational stability.

The combination of institutional tenancy, 100% occupancy, strong in-place yield, and the potential for lease extension positions 400 W Butler Street as an attractive opportunity for investors seeking stable healthcare real estate income with upside through continued tenant commitment.

Investment highlights

  • 100% occupied single-tenant medical office investment leased to Allegheny Health Network
  1. Offered at a $950,000 list price with an attractive 12.22% capitalization rate
  2. Net lease structure provides durable in-place cash flow backed by an institutional healthcare tenant
  • Current lease runs through December 31, 2026, with ownership actively exploring a lease extension with AHN
  • Strategically located in Mercer, Pennsylvania, serving as a key outpatient primary care location with consistent patient traffic and long-term operational stability

Listing Contacts

NM
PA PA RS322215
Zeustra Inc
Listed by Zeustra Inc

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$116,122.00
$9,676.83/mo

Valuation Metrics

0
DSCR
12.22%
Cap Rate
12.22%
ROI

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Additional Information

Name
Nick Myers
License
PA RS322215
Brokerage Phone
800-229-6049
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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