The Beltway Commons — Sale in Hazle Township, PA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Office
  • Location: Hazle Township, PA 18202
  • Year built: 1988

Photos

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Investment Figures

Cap rate
8.74%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to exclusively present a rare opportunity to acquire a strategically located, high-performing medical office asset in the rapidly expanding Greater Hazleton market of Pennsylvania. Institutional-quality medical office investment with strong in-place tenancy, significant value-add potential, and long-term growth driven by one of Pennsylvania’s fastest-growing healthcare and industrial corridors. Anchored by Geisinger, one of Pennsylvania’s premier healthcare providers. The property combines institutional-quality tenancy with significant upside potential through rental growth, operational efficiencies, and future development opportunities. Positioned at the intersection of Interstate 81 and Interstate 80, the asset benefits from exceptional regional accessibility, drawing patients and tenants from across Northeast and Central Pennsylvania. The surrounding Hazleton market is experiencing accelerating population growth, evidenced by substantial school district expansion and a pipeline of over 20 million square feet of industrial development, further driving demand for healthcare and service-based real estate. The property offers investors a dual-income growth profile: stable cash flow from established tenants with significant capital invested in their spaces, and a clear pathway to increase NOI through rent increases, space optimization, and land monetization. With 7.45 acres of land, the site provides a rare opportunity for future development or subdivision, allowing investors to unlock additional value beyond the existing improvements. Investment Highlights: • Anchored by Geisinger, a leading regional healthcare system. Tenant has invested $3–4M into buildout. Top-performing clinic in the region. Urgent care included in location - (7 days/week). • Additional tenants with multiple locations (healthcare operators - low relocation risk). In-place rents below market. Upcoming lease expirations provide near NOI upside. Ability to restructure

Market Context

This office in Hazle Township, PA is listed for sale. It is offered at an approximate 8.7% capitalization rate, a key benchmark for income-producing office assets. The building dates to 1988. Compare it against other office listings for sale in Hazle Township, PA — view the full market.

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