United States Veterans Affairs Outpatient Center

Franklin, Pennsylvania, located in Venango County, is a historic city known for its charming downtown and strong sense of community. Positioned near major routes like U.S. 322 and Route 8, Franklin offers convenient access to nearby markets, making it attractive for business and commercial development. The local economy includes healthcare, manufacturing, and tourism, providing a stable base for growth. Opportunities for commercial real estate are available in retail, office, and mixed-use spaces, particularly in the revitalized downtown area. With affordable property, supportive local leadership, and ongoing development efforts, Franklin presents a solid opportunity for commercial real estate investment.Introducing the United States Veterans Affairs Outpatient Center in Franklin, PA! Located at 125 Home Depot Drive, Franklin, PA 16323 with a lease commencement date of April 1, 2023 and ten (10) years of firm term with no termination options, this 15,000 SF building on 2.8 acres offers a lucrative investment opportunity. The Veterans Affairs has contributed $2,433,047 towards interior tenant improvements, ensuring a modern and functional space. Rental increases over time promise a solid income stream, with Year 1 cap rate at 8.44% and a blended cap rate of 8.0%. The 15-year cash flow projection showcases a steady increase in income, making it a secure long-term investment. Don't miss out on this prime commercial property with one of the highest credit rated tenants in the World!