Penn State Health Anchored Medical Office Building | Hershey, PA
Sands Investment Group is Pleased to Present For Sale the Penn State Health Located in Hershey, Pennsylvania. The Property is a Fully Occupied and Anchored By Penn State Health Who Occupies 65.20% of the Building. Penn State Health Generated Over $3.5 Billion in Revenue in 2022, Providing For a Secured Investment.
- Fully Occupied Medical Office Building Anchored By Penn State Health Who Occupies 65.20% of the Building
- Penn State Health Generated Over $3.5 Billion in Revenue in 2022
- The Property is Located About a 1-Mile From Penn State Health Milton S. Hershey Medical Center
- Hershey, PA is a Growing City With Population Increases Forecasted Over the Next 5 Years and a Current 5-Mile Population Over 60,000 Residents
- Building Was Completely Renovated When PSU Came in Back in 2015 Including a 50 Year Life Roof
- According to Costar Data, the Hersey Market Currently Has a Vacancy Rate of 3.8% For Office & Healthcare Properties Which is Significantly Lower Than the National Average
- Potential Wawa Development on the Corner of Cocoa & Fisburn Will Increase Traffic Count and Visibility of Building
In Cooperation With Sands Investment Group Philadelphia, LLC – Lic. #RB069072 BoR: Tom Gorman – Lic. PA #RM424383
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