United States Veterans Affairs Outpatient Center

For Sale

1505 N Hermitage Rd, Hermitage, PA 16148

This Hermitage property for sale is located at 1505 N Hermitage Rd. The general use of United States Veterans Affairs Outpatient Center is office and it incorporates 14,907 square feet of class A office space. The current listed sale price for United States Veterans Affairs Outpatient Center is $4,999,000. United States Veterans Affairs Outpatient Center is situated on a lot that is 2.87 acre in size.

Contacts

broker
Dan Lariccia

Passov Real Estate Group

Property Details

  • Property Type Office - General Office
  • Property Size 14,907 SF
  • Lot Size 2.87 Acre
  • Building Class A
  • Year Built 2025
  • Date Updated Jun 26, 2025
Hermitage, Pennsylvania is a growing city in Mercer County near the Ohio border, offering a blend of suburban comfort and business potential. With strong transportation access via Route 18 and proximity to I-80, Hermitage is strategically located for regional commerce. The area supports a diverse economy, including healthcare, manufacturing, and retail, creating demand for commercial real estate. Retail centers, professional offices, and industrial properties are in demand as the population grows and local development continues. Hermitage’s business-friendly environment, available land, and supportive community make it an attractive location for investors and companies seeking expansion in western Pennsylvania.Introducing the UNITED STATES VETERANS AFFAIRS OUTPATIENT CENTER IN HERMITAGE, PA, a prime investment opportunity located at 1505 N Hermitage Road, Hermitage, PA 16148. This property boasts a high-profile tenant with an anticipated Lease Commencement Date of September 1, 2025, and a lease term of ten years firm WITH NO EARLY TERMINATION OPTIONS, and an additional five years soft. Situated on 2.768 acres, the building spans 14,907 square feet, with the Veterans Affairs contributing $2,946,700 to interior tenant improvements. Priced at $4,999,000 with a cap rate of 8.05%, this investment promises a solid income stream, with a 15-year cash flow projection demonstrating consistent returns. The property includes various amenities and services, with operating expenses comprehensively outlined for ease of reference. Don't miss out on this outstanding opportunity to own a medical facility occupied by the United States Government, one of the highest credit rated tenants in the World!
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Highlights

  • Acreage: 2.768 AC
  • Anticipated Lease Commencement Date:
  • BRAND NEW BUILD TO SUIT WITH NO EARLY TERMINATION OPTIONS
  • Building Square Feet: 14,907 SF
  • Improvements: $2,946,700
  • Lease Term: Ten {10) years firm five (5) years soft
  • Rental Increases: $1.50/SF rental increase in Years 6 and 11
  • September 1, 2025
  • UNTIED STATES VETERANS AFFAIRS OUTPATIENT CENTER
  • Veterans A airs Contribution to Interior Tenant

Getting around

  • 41/100

    Walk Score ®

  • 35/100

    Bike Score ®

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Location

  • City Hermitage, PA
  • Zip Code 16148
  • Market Youngstown

Points of Interest

  • BP

    1.59 miles

  • GetGo

    1.76 miles

  • Speedway

    1.92 miles

  • Sheetz

    3.65 miles

  • Sunoco

    4.75 miles

  • Clark Access Area

    2.56 miles

  • Game Commision Parking

    3.49 miles

  • Lakeside Church Parking Lot

    3.58 miles

  • Viewing Area

    3.67 miles

  • Royal

    1.73 miles

  • Tara a Country Inn

    2.42 miles

  • Buhl Mansion Guesthouse & Spa

    2.95 miles

  • Quality Inn

    4.38 miles

  • Red Roof Inn & Suites Hermitage

    4.49 miles

  • Holiday Inn Express & Suites Sharon-Hermitage

    4.56 miles

  • Park Inn by Radisson Sharon, PA

    4.71 miles

  • Hampton Inn & Suites Sharon

    4.73 miles

  • Super 8 by Wyndham West Middlesex/Sharon Area

    4.73 miles

  • D'Onofrio's Food Center

    0.26 miles

  • Walmart Supercenter

    0.28 miles

  • ALDI

    1.38 miles

  • TJ Maxx

    1.48 miles

  • Giant Eagle

    1.50 miles

  • Big Lots

    1.59 miles

  • Kohl's

    1.87 miles

  • Save-A-Lot

    3.51 miles

  • Sparkle Market

    5.77 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Dan Lariccia

Passov Real Estate Group

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